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Energie & Management > Marktkommentar Nordic - Market - Possibly airborne
Marktkommentar Nordic

Market - Possibly airborne

The Monday market opened gapping strongly up, and SO2 was quite easily lifted to NOK 140 during morning hour trading, as most weather forecasts are dry as a desert. Traders today thus use a lot of bullish terminology, but leave the door open for a rapid drop, and argue that much can happen in the volatile days ahead.
An international trader held that the direction from here is fifty-fifty, but confessed to his bullish preferences, while a Norwegian trader did not see the summer above NOK 145. The morning market seemed to be an uncomfortable one for many players. The bullish leap was perhaps somewhat greater than some had expected as this week’s starter, and attempt

Montag, 15.04.2002, 14:40 Uhr
Sara Fagernes
Energie & Management > Marktkommentar Nordic - Market - Possibly airborne
Marktkommentar Nordic
Market - Possibly airborne
The Monday market opened gapping strongly up, and SO2 was quite easily lifted to NOK 140 during morning hour trading, as most weather forecasts are dry as a desert. Traders today thus use a lot of bullish terminology, but leave the door open for a rapid drop, and argue that much can happen in the volatile days ahead.
An international trader held that the direction from here is fifty-fifty, but confessed to his bullish preferences, while a Norwegian trader did not see the summer above NOK 145. The morning market seemed to be an uncomfortable one for many players. The bullish leap was perhaps somewhat greater than some had expected as this week’s starter, and attempt

Montag, 15.04.2002, 14:40 Uhr
Sara Fagernes

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