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To: Haim R. Branisteanu who wrote (129602)10/16/2001 12:30:43 PM
From: yard_man  Read Replies (3) | Respond to of 436258
 
The drop in NG prices was an aberration of sorts -- I don't think you can read anything into the rise.

More important to figure out why it dropped -- maybe just a temporary over-reaction to reports in falling economic activity coupled with initially mild weather and fairly good build-up of storage. Certainly, 1.75 was well below trend ...

What about crude? Maybe that's where you should look for a barometer of future economic activity -- less seasonality there, right?



To: Haim R. Branisteanu who wrote (129602)10/16/2001 2:43:22 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 436258
 
I read crude falling down to the present levels (and sort of languishing there) as a bet that economy (travelling, air, manufacturing? etc) is to stay down (or lower) for some time to come.