Crawls

After gapping higher at the open yesterday and reaching as highas $1.915/MMBtu during the day, the April contract was able tomanage only a small 0.6-cent gain for the day, telling someobservers the contract has lost its vigor after the rapid 22.5-centclimb last week. April opened at $1.905, up significantly fromFriday’s settle of $1.853, but it lost steam at $1.92 during themorning and fell back to about $1.86. During afternoon trading, thecontract bounced back up to $1.90 before falling back down to fillthe gap and close the day at $1.859.