I'm not sure if we can say there was a correction yesterday. The today's breakout of 27000 has generated long- and medium-term buy signal.
The volume is decreasing and still high, but well below the volume from few days ago. RSI is neutral, however CCI shows negative divergence.
It's hard not to be bullish now, but there is nothing like everlasting rally and we always need to remember about proper money management.
The fundamentals remain weak (here) and there is a danger of coming inflation (here).
Ireland greatly increased taxes (here) - that are not good news for all polish immigrants working there.
Interesting strategy from Investopedia - Dividend Arbitrage.
Sources:
[http://seekingalpha.com/article/130080-sustainable-bull-market-unlikely]
[http://seekingalpha.com/article/130115-bail-out-for-dummies-part-i]
[http://www.rte.ie/money/budget2009/stories/2009/0407/budgetmeasures.html]
[http://www.investopedia.com/terms/d/dividend-arbitrage.asp]
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