20100507

TheWIG Index fell -2.55%:

The index has dived significantly; current fall is confirmed with volume hike and downtrend in oscillators.
The current market sentiment is obviously quite bearish; however, we need to remember we are still in primary uptrend and now it might be the best time to buy. Of course, we should consider opening positions only with proper stop-loss orders and under money management rules.
We are not able to forecast the market, however we can limit our loses.

The Thursday's session in US markets commentary (here). IMHO, we can't explain yesterday's market in reasonable way as of today.

Sources:
http://www.swingtradeonline.com/jackswrap/5/2010/6/

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