Market continues to rise

24 September 2007

Market rises as all market start to rally on the back of an oil squeeze.

The market continued to rise this morning as some plant was a little slow to return from outage at the weekend. The squeeze players seem to have to got many shorts to come to the market and the suggestion is that the market will continue to rise throughout this week. In reality all fundamentals point to October being a bearish month as sense returns, but worries in the oil and coal markets may mean that the bears will be a little more reluctant to trade than three weeks ago.


Coal  Oil  Generation 

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