There was little that would help prices down this morning, seeing weather outlooks that just won’t let go of cool and dry weather. The upside this Friday wasn’t formidable, but V1-04 was back at yesterday morning’s level. A Norwegian trader argued that yesterday’s fall was triggered by the hope of wetter outlooks today, which didn’t happen. A Swedish player held that we are getting ever nearer a very sensitive hydrological level, and that risk is formidable till Monday.
Weather outlooks are dry but players still remain reluctant of taking long positions, the Norwegian trader argued. He believed that a significant gap would be triggered Monday, most likely on the upside.- The afternoon market has been sold down this week, but again this morning we are back at the level where we were yesterday morning, seeing that the weather outlooks are still dry. Few p
Freitag, 17.10.2003, 11:58 Uhr
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