In a mixed Thursday market, no radical news was presented. Winter2 continued tightening its range, and along with summertime fatigue the volumes traded were low. An international trader argued that many players have belly butterflies these days, and held that the bulls in particular are sweating.
A Norwegian trader pointed out that the producers have full control, and after a 155 break has occurred in the very short picture, the direction is straight back up to NOK 160. Arguments are bullish as well as bearish this morning. In the very short picture players seem to agree that we’ll have a weakening spot and an autumn contract break below NOK
Donnerstag, 18.07.2002, 11:47 Uhr
Sara Fagernes
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