The WIG Index touched today the yearly low from 27th October 2008 (actually index has broken this level for ca.100 points, but it's still in the error margin). Breaking this level would generate strong sell signal and target price ca.20800 (from triangle).
We have to wait until next week for possible clarification (in case of downtrend continuation). I guess, the weekend will be quite nervous for all positions' holders.
Some thoughts on bank nationalizations in Bloomberg's video.
Jim Rogers forecasts economic disaster in UK and urges to immigrate (here).
Sources:
[http://www.thefirstpost.co.uk/people,1883,soros-business-partner-jim-rogers-predicts-end-of-sterling,72083]
[http://business.timesonline.co.uk/tol/business/economics/article5555898.ece]
Posts
No comments:
Post a Comment