Handiwork

Storage, Chart Gap Gives Futures Bulls a Reason

Impressed with their handiwork following Tuesday’s positivemarket momentum, Nymex bulls were on the offensive again yesterdayas they loaded up on long positions ahead of yesterday’s storagereport. After opening at Tuesday’s high of $2.77, the Aprilcontract rumbled higher yesterday morning only to tumble back intothe $2.70s in the afternoon. The prompt month closed up 4.3 centsat $2.794.

March 23, 2000