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Mild Weather Forecasts Give Bears a Reason; Futures Drop 21 Cents

In a discharge of pent-up selling that had welled up over the holiday weekend, natural gas futures tumbled lower Tuesday in sympathy with the latest round of bearish weather forecasts. Lower prices in the Monday-night Access trading session set the stage and the market responded by gapping lower when regular-outcry trading resumed Tuesday morning.

February 18, 2004