Manic

Whether it be a slumping Sunday, a manic Monday or a terribleTuesday, early-week trading has taken a toll on bulls in thenatural gas futures pit at Nymex recently, with losses stacking upboth in overnight Access trading sessions and in regular openoutcry sessions. For the fourth week in a row, the market was hitwith a deluge of late weekend selling, giving rise to a significantdown-move on the first trading day of the week. And while it wasdelayed by a day because of the Nymex holiday, Monday night’sselling was just as potent as the selling seen on the prior threeSunday nights, leaving some market-watchers to suggest traders haveearmarked overnight Access sessions — especially those over theweekends — as easy opportunities to push prices in their favor.