Screen Plunge Aborts Any Potential for Cash Rally

It had seemed that Wednesday afternoon’s large screen uptickfollowing the storage report might be the tonic needed by alistless cash market to regain its previous strength Thursday.Instead, a humongous Nymex downturn and fresh forecasts thatweather next week might not be as cold as anticipated combined tosend most cash prices lower by a dime or so. Gains were rare andsmall.

November 17, 2000