The market started down this morning, but has now had a lift. The V2-04 is currently trading 1 NOK above yesterday´s close. A Norwegian trader believes the upside is limited by profit taking.
– The rise stopped this morning. I believe many have had a good profit, and have been tempted to take it now. That is why it stopped, and actually fell a bit, he says. The trader does not believe in a big downside, though. – I think the V2-04 contract will stay above 300 NOK/MWh and continue to crawl upwards, he states. He thinks the V2-04 might reach 309 this week. – At this
Dienstag, 10.08.2004, 11:43 Uhr
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