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Energie & Management > Marktkommentar Nordic - Market - More free falling?
Marktkommentar Nordic

Market - More free falling?

The brutal downside continued this afternoon, and only after Nord Pool’s technical problems were solved did the market lift a couple of NOKs. The technical indicators are pointing for a continued fall, and with the V1-03 contract down several NOKs today the trending seems to have changed, but players are both fundamental and bullish in their minds.
Stop-losses have been taken on a grand scale also today, and the weather outlooks point towards delivery of precipitation. The fundamental situation is still not any better, however, one trader argued this afternoon. He expressed his concern for the turbulence witnessed the last days, and argued that today has been just as dramatic for many players as yesterday.“Volumes are scanda

Dienstag, 22.10.2002, 16:19 Uhr
Sara Fagernes
Energie & Management > Marktkommentar Nordic - Market - More free falling?
Marktkommentar Nordic
Market - More free falling?
The brutal downside continued this afternoon, and only after Nord Pool’s technical problems were solved did the market lift a couple of NOKs. The technical indicators are pointing for a continued fall, and with the V1-03 contract down several NOKs today the trending seems to have changed, but players are both fundamental and bullish in their minds.
Stop-losses have been taken on a grand scale also today, and the weather outlooks point towards delivery of precipitation. The fundamental situation is still not any better, however, one trader argued this afternoon. He expressed his concern for the turbulence witnessed the last days, and argued that today has been just as dramatic for many players as yesterday.“Volumes are scanda

Dienstag, 22.10.2002, 16:19 Uhr
Sara Fagernes

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