20090724

The WIG Index gained +1.39%:

wig_20090724

The WIG Index is continuing its rally from 13th July, showing exceptional market strength. Both the volume and oscillators seem to confirm the gains. The technical situation is promising at least.

If you were entering near 32000 points (daily buy signal) your positions should be in the money already and it might be a good idea to protect them after so quick gain.

Timothy Geithner urged lawmakers to review the bank regulatory reform program, so this legislation can be approved by year-end (here).

Sources:
[http://www.marketwatch.com/story/geithner-congress-must-pass-bank-reform-2009-07-24]
[http://en.wikipedia.org/wiki/Timothy_Geithner]

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