20090126

The WIG Index did not cross the 24100 today:

wig_20090126

Small volume tells us that the traders are waiting and the market is generally undecided. The WIG Index is in downtrend, therefore odds are we will cross the level of 24100. Aside from that there is not much to say and as we are not interested in short positions, we shall wait for further events.

Brian, in his daily video, suggest rather to stick to day trading, unless we get better idea what's going on.

Very interesting interview with Sphinx founder, but not owner anymore (here).

There are some thoughts for incoming inflation (here) and decreasing earnings (here).

Interesting, Bloomberg noted that divorces' number are increasing among finance (here).

Sources:
[http://wyborcza.pl/1,75480,6177176,Zagadkowe_pozeranie_Sfinksa.html (via Google Language Tools)]
[http://seekingalpha.com/article/116297-evidence-that-big-inflation-is-coming]
[http://seekingalpha.com/article/116442-monday-outlook-earnings-or-lack-thereof]
[http://www.bloomberg.com/apps/news?pid=20601213&sid=a0c4BFIwlSYU]

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