20091021

The WIG Index gained +0.71%:

wig_20091021

Despite today's gain, we are still in error margin. Also, I'm still quite reluctant of calling a new buy signal as breaking the important resistance should be accompanied by volume's hike. The volume is quite low and also oscillators do not confirm new high.

Trystero has published quite good summary of incoming Polish Energy Group IPO (here).
There is another interesting paper. This offering looks interesting, however note there is no reliable way of controlling the risk.

Sources:
[http://en.wikipedia.org/wiki/Initial_public_offering]
[http://blogi.ifin24.pl/trystero/2009/10/19/zanim-kupisz-akcje-pge/ (via Google Language Tools)]
[http://www.expander.pl/warto-wiedziec/wiadomosci/raporty-i-analizy-szczegoly,details,164 (via Google Language Tools)]

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