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Sock

As Heat Wave Bakes the East, Traders Conserve Energy With Inactivity

Natural gas futures traders were able to focus on more menial tasks Wednesday, such as sock drawer rearranging, as activity in the September contract was deemed to be “more than a little bit on the light side” by at least one participant. While putting in a respectable 15-cent range on the day, the prompt month lacked any real motivation on its way to a regular session close of $6.220, up 1.9 cents from Tuesday’s close.

August 9, 2007