The market is adjusting slightly up on the last trading day of 2004. However, there is no sign that the strong bear trend will disappear into the new year.
In today’s trading the front weeks are up 1-4 NOK, and even the SO-05 contract is trading marginally higher than yesterday’s close, having opened 1 NOK down at 281.50 in the OTC -market.– The market is adjusting up because some players are going out of their short positions, preferring to stay neutral over the New Year weekend, says a Norwegian trader. St
Donnerstag, 30.12.2004, 11:54 Uhr
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