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Energie & Management > Commentary - Market - Bear and deliver
Commentary

Market - Bear and deliver

The morning market fell first carefully then a few more NOKs from the strong Thursday close on more news of more low-pressure activity. Doubts whether precipitation actually will be delivered continue to keep up the price levels, however, but a Norwegian player argued that if precipitation is delivered over the weekend, Monday could be bloody.
Another player maintained that much depends on whether we now get westerly weather with plenty of precipitation in March, but both considered today´s weather forecast as too extreme. Strong close and weak open has been the name of the game this week, and weather forecasts continue to give promises of more mild and wet weather. The lows are in the front and the high-pressure is pushed fu

Freitag, 7.03.2003, 12:14 Uhr
Energie & Management > Commentary - Market - Bear and deliver
Commentary
Market - Bear and deliver
The morning market fell first carefully then a few more NOKs from the strong Thursday close on more news of more low-pressure activity. Doubts whether precipitation actually will be delivered continue to keep up the price levels, however, but a Norwegian player argued that if precipitation is delivered over the weekend, Monday could be bloody.
Another player maintained that much depends on whether we now get westerly weather with plenty of precipitation in March, but both considered today´s weather forecast as too extreme. Strong close and weak open has been the name of the game this week, and weather forecasts continue to give promises of more mild and wet weather. The lows are in the front and the high-pressure is pushed fu

Freitag, 7.03.2003, 12:14 Uhr

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