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Energie & Management > Marktkommentar Nordic - Market - Ranging in a vacuum
Marktkommentar Nordic

Market - Ranging in a vacuum

The battle for Summer02 continues to be the main factor in the market on Wednesday. “There are big players on each side that seem to battle it out until the last drop of blood is spilled, and I believe this battle will continue for another week at least," a Swedish trader said this morning.
A technical analyst said that the S02 is more likely to go down than up in a short-term perspective. There has been little activity on the weeks and blocks today as most of the attention again is devoted to the Summer02. The S02 opened the day at NOK 129, and has traded sideways throughout the morning being last traded at NOK 128.75.Bloody battle - Over the last

Mittwoch, 10.04.2002, 12:10 Uhr
Sara Fagernes
Energie & Management > Marktkommentar Nordic - Market - Ranging in a vacuum
Marktkommentar Nordic
Market - Ranging in a vacuum
The battle for Summer02 continues to be the main factor in the market on Wednesday. “There are big players on each side that seem to battle it out until the last drop of blood is spilled, and I believe this battle will continue for another week at least," a Swedish trader said this morning.
A technical analyst said that the S02 is more likely to go down than up in a short-term perspective. There has been little activity on the weeks and blocks today as most of the attention again is devoted to the Summer02. The S02 opened the day at NOK 129, and has traded sideways throughout the morning being last traded at NOK 128.75.Bloody battle - Over the last

Mittwoch, 10.04.2002, 12:10 Uhr
Sara Fagernes

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