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To: marc chatman who wrote (57495)	12/28/1999 4:22:00 PM
From: Roebear	Read Replies (1) \| Respond to of 95453

marc, I am in mostly cash for this API, as the weather during the most recent period, while nice and cold, was not colder than last year during the same time frame. Whatever lag there may be in the API due to holidays etc may throw a sabot in my figures, however. Next weeks temps may show a larger divergence from same period last year, as last year the weather turned warmer while this year it looks like a day or two of warming and back to Mr Freeze (Yeah!) FWIW, I'm betting this weeks API will not be that great, next week or two will be better. The emphasis is on the word betting here. Best of luck all, Roebear

To: marc chatman who wrote (57495)	12/29/1999 11:19:00 AM
From: marc chatman	Respond to of 95453

Finished cleaning out my trading positions. If prices go lower, I'll load up again. If not, I'll go with what I've got. Too many divergences on the hourly for me not to anticipate at least a few points to the downside. But the overall picture looks very good.