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Commentary

Market - Fundamentally correct or not...

The morning market was thin and bearish, correcting down a few NOK at open but strengthening a little during morning hours. “At least the market is going in the fundamentally correct direction,” a Norwegian player said. A Swedish player on the other hand believed that prices would shoot up again when the industrial holidays come to an end.
Seeing the wet weather forecasts helped take prices down this morning. Uncertainties remain as to where and how much rain will actually deliver over the next few days, naturally, but what seems relatively certain is that all the precipitation that delivers is welcome. OverpricedFundamentally the market is still overpriced, the Norwegian player believed, and argue
Donnerstag, 24.07.2003, 12:04 Uhr
© 2024 Energie & Management GmbH
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E&M  Commentary
Freitag, 25.07.2003, 11:28
Market - It’s a bubble
In a thin morning market, the forward curve was marginally lifted by the Friday-effect, while the rain delivering today and during the weekend took the front down, the market expecting the system price to drop in the week to come. According to a Norwegian trader the entire market is a bubble about to crack. “A V2-03 correction of some 10-15 NOK is highly realistic,” he argued.
Energie & Management > Commentary - Market - It’s a bubble
Freitag, 25.07.2003, 11:28
E&M  Commentary
Market - It’s a bubble
In a thin morning market, the forward curve was marginally lifted by the Friday-effect, while the rain delivering today and during the weekend took the front down, the market expecting the system price to drop in the week to come. According to a Norwegian trader the entire market is a bubble about to crack. “A V2-03 correction of some 10-15 NOK is highly realistic,” he argued.
mehr
E&M  Commentary
Mittwoch, 23.07.2003, 11:33
Market - Truth or dare?
Players agreed this morning that there are no fundamental reasons for the lift witnessed yesterday and today. “Weather forecasts are soaking wet, but the market is thin and easy to drive,” a Swedish player said. “I think there’s a lot of ‘must-do-trading’ taking place, and few players dare to sell at the moment,” a Swedish trader argued.
Energie & Management > Commentary - Market - Truth or dare?
Mittwoch, 23.07.2003, 11:33
E&M  Commentary
Market - Truth or dare?
Players agreed this morning that there are no fundamental reasons for the lift witnessed yesterday and today. “Weather forecasts are soaking wet, but the market is thin and easy to drive,” a Swedish player said. “I think there’s a lot of ‘must-do-trading’ taking place, and few players dare to sell at the moment,” a Swedish trader argued.
Energie & Management > Commentary - Market - Fundamentally correct or not...
zurück
Commentary
Market - Fundamentally correct or not...
The morning market was thin and bearish, correcting down a few NOK at open but strengthening a little during morning hours. “At least the market is going in the fundamentally correct direction,” a Norwegian player said. A Swedish player on the other hand believed that prices would shoot up again when the industrial holidays come to an end.
Seeing the wet weather forecasts helped take prices down this morning. Uncertainties remain as to where and how much rain will actually deliver over the next few days, naturally, but what seems relatively certain is that all the precipitation that delivers is welcome. OverpricedFundamentally the market is still overpriced, the Norwegian player believed, and argue
Donnerstag, 24.07.2003, 12:04 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Freitag, 25.07.2003, 11:28
Market - It’s a bubble
In a thin morning market, the forward curve was marginally lifted by the Friday-effect, while the rain delivering today and during the weekend took the front down, the market expecting the system price to drop in the week to come. According to a Norwegian trader the entire market is a bubble about to crack. “A V2-03 correction of some 10-15 NOK is highly realistic,” he argued.
Energie & Management > Commentary - Market - It’s a bubble
Freitag, 25.07.2003, 11:28
E&M  Commentary
Market - It’s a bubble
In a thin morning market, the forward curve was marginally lifted by the Friday-effect, while the rain delivering today and during the weekend took the front down, the market expecting the system price to drop in the week to come. According to a Norwegian trader the entire market is a bubble about to crack. “A V2-03 correction of some 10-15 NOK is highly realistic,” he argued.
mehr
E&M  Commentary
Mittwoch, 23.07.2003, 11:33
Market - Truth or dare?
Players agreed this morning that there are no fundamental reasons for the lift witnessed yesterday and today. “Weather forecasts are soaking wet, but the market is thin and easy to drive,” a Swedish player said. “I think there’s a lot of ‘must-do-trading’ taking place, and few players dare to sell at the moment,” a Swedish trader argued.
Energie & Management > Commentary - Market - Truth or dare?
Mittwoch, 23.07.2003, 11:33
E&M  Commentary
Market - Truth or dare?
Players agreed this morning that there are no fundamental reasons for the lift witnessed yesterday and today. “Weather forecasts are soaking wet, but the market is thin and easy to drive,” a Swedish player said. “I think there’s a lot of ‘must-do-trading’ taking place, and few players dare to sell at the moment,” a Swedish trader argued.

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