20081204

The WIG Index is in quite interesting place - exactly at trendline from symmetrical triangle:

wig_20081204

Intraday chart shows more details:

wig_15min_20081204

Nevertheless, formations are subjective and the breakout can be tricky, like the one from May 2008:

wig_symtriangle_200803

A must read - central banks around the world have massively lowered their interest rates (here).

It seems few polish companies lost money on currency options (here). Grzegorz Zalewski, blogger from Bossa.pl, explains it pretty well (here).

Brett Steenbarger has provided quick summarization (here) of technical strength of various sectors in S&P500.

And something (here) about Buy&Hold strategies.

Sources:
[http://gospodarka.gazeta.pl/gospodarka/1,33181,6032119,Przedsiebiorcy_placza_nad_opcjami.html (via Google Language Tools)]
[http://gielda.onet.pl/0,1874780,wiadomosci.html (via Google Language Tools)]
[http://blogi.bossa.pl/?p=709 (via Google Language Tools)]
[http://seekingalpha.com/article/109168-s-p-500-sector-update-shows-mixed-picture]
[http://articles.moneycentral.msn.com/Investing/StrategyLab/Rnd18/P4/DisciplinedInvestorJournal20081203.aspx]

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