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Energie & Management > Marktkommentar Nordic - Market - And little by little
Marktkommentar Nordic

Market - And little by little

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
Energie & Management > Marktkommentar Nordic - Market - And little by little
Marktkommentar Nordic
Market - And little by little
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

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