07.11.09
20090711 – EURPLN, CHFPLN
The EURPLN is close to the important level of 4.30:
The CHFPLN is close to the important level of 2.80:
(charts were generated Friday, thus today’s setup might be slightly different)
The currencies are in very interesting situation. After few months of consolidation we have a chance to see important market actions (the possible breakout of mentioned above levels), thus watch them closely.
07.10.09
20090710 – Holidays
The WIG Index lost -1.10%:
The polish market is on edge of generating daily sell signal. I don’t think we should be entering any positions now. The daily trend has been broken and both oscillators are confirming that.
Few good videos for weekend (here).
Some guessing game about polish market (here).
Bob Farrell’s 10 Rules for Investing (here).
As I’m going for holidays, there probably will be no updates for about two next weeks.
(picture shamelessly stolen from Iho Ohi blog)
Sources:
[http://seekingalpha.com/article/148031-the-week-s-top-videos-pete-peterson-boone-pickens-jeff-saut-and-more]
[http://www.bloomberg.com/apps/news?pid=20601087&sid=a4lgRahu0ddY]
[http://bigpicture.typepad.com/comments/2008/08/bob-farrells-10.html]
07.09.09
20090709
The WIG Index gained +0.66%:
We had high volume, therefore we have changed the way we draw trendline on volume.
The area of 29600 holds. Nevertheless, it is still not a reason to enter long positions as the daily trend has been broken.
