20100126

The WIG Index fell -1.12%:


The market opened with a gap and crashed again.

We are still in primary uptrend, but catching falling knives is usually not a good idea. Not much else can be said - it can be either good place to enter few long trades or losing point.
Nevertheless, we should always have our stop loss orders in place.

We should also observe US market now. The S&P500 Index is quite close to daily support (ca.1080):

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