The Tuesday morning market was somewhat crapulous after the Titanic Monday sink, but lifted carefully after the weather prognoses were presented as drier again, before the floor possibly started to give in again. Players we have spoken with today generally express their concern for the market itself after yesterday’s V1-03 17 NOK drop.
“This was a total surprise for all of us. Such movements are impossible to predict, but the fact that a weather change was presented and the lion’s share of the market was long, triggered the panic created,” a Swedish trader argued this morning. Long-squeezeIt has been confirmed that yesterday’s crack had nothing to do with exit Nordic market
Dienstag, 22.10.2002, 12:20 Uhr
Sara Fagernes
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