20090108

The WIG Index dropped today:

wig_20090108

Nevertheless, situation has not changed - we are still in careful uptrend. Not much can be told about market now - we are still in sleepy consolidation and no direction is certain. There is preferred scenario the index will rebounce from trendline, however we shall wait until tomorrow's close to see if this trendline holds.

Brian is bullish in his daily video, but waits for confirmation.

Seems the Madoff's scam will live longer then few weeks (here or here).

And some more talking over US economy stimulus package (here).

The negotiation over delivery of Russian natural gas through Ukraine to the EU failed (here).

Sources:
[http://www.miamiherald.com/business/story/814537.html]
[http://www.nytimes.com/2009/01/09/business/09madoff.html]
[http://www.marketwatch.com/news/story/Obama-warns-dire-consequences-without/story.aspx?guid={C1FD3A05-08DB-4B94-896D-E7338532C1D7}]
[http://gielda.onet.pl/0,1892909,wiadomosci.html (via Google Language Tools)]

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