20081222

The WIG Index lost -1.46% with very low volume:



Obviously we have downtrend in medium- and short-term. However, we are still well above weekly low (24700). Therefore, no action should be taken.

This week there are only two sessions: Monday (today) and Tuesday.

Also, experts expect the PLN interest rates to be cut 50 base points in December (here via Google Language Tools).

Sources:
[http://www.money.pl/pieniadze/wiadomosci/artykul/rpp;obnizy;stopy;do;5;25;proc;,66,0,408898.html (via Google Language Tools)]