The Tuesday morning market opened with fear and care, still up another few NOKs. Players today are still convinced that the trend points in a continued northern direction, but at the same time argue that the short-term picture is slightly unclear, based on last week’s actions and a general fear of what would happen if big positions suddenly started closing.
A breather Technically the trend is as bullish as the fundamentals, but contributed to bring about a time-out this morning. A Norwegian trader argued that the +/- 5 NOK potential today is not worth the risk on the downside, and thus a wait and see attitude has settled, even if temporary. Long Johns
Dienstag, 15.10.2002, 12:01 Uhr
Sara Fagernes
© 2024 Energie & Management GmbH