20081230

There was bigger volume than yesterday and the WIG Index gained +1.72%:

wig_20081230

General situation has not changed and we have to wait. However, this stagnation is much better than continuous falling and at least gives us some hope.

U.S. securities regulators said to have found another Madoff-like scheme - Creative Capital (here).

SaxoBank has published ten quite pessimistic forecasts for the year 2009 (here).

As for interesting articles - here is DJIA historical changes since its debut.

It seems, that banks of China and Warren Buffett are amassing cash and other liquid instruments (here). Cash is the king now.

Also note short session tomorrow (ends 13:35) and forced cancellation of all pending orders.

Sources:
[http://www2.saxobank.com/en/market-news-and-analysis/Pages/economic-predictions-2009.aspx]
[http://www.djindexes.com/mdsidx/downloads/DJIA_Hist_Comp.pdf]
[http://www.marketwatch.com/news/story/sec-says-halts-23-million/story.aspx?guid={0433C54B-0156-4091-94CE-952161C2C58B}]
[http://ft.onet.pl/0,19091,buffett_and_china_banks_top_cash-rich_groups_list,artykul_ft.html]

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