20090518

The WIG Index gained +1.59%:



We are still above 29000, but below last high. We have to simply wait for proper market action, as for now not much new can be said.

S&P500 closed with +3.04% gain (quite small volume), It might be a clue for tomorrow's session.

Few interesting articles over the weekend:

• Quite long, but good review of global situation - nevertheless noteworthy (here).


• Comparison of current market with 1930 bear market (here).


• Few views on current economical situation (here).


• Another indicator-based view on US market (here).


• DJIA's solunar model (here).

I'm going for small holidays. Therefore, there rather won't be any updates to the end of this week.

Sources:
[http://seekingalpha.com/article/137999-current-recession-is-tracking-the-1930s-bear-market]
[http://seekingalpha.com/article/138067-opposing-views-of-economic-imperatives]
[http://seekingalpha.com/article/138197-sectors-indicate-correction-not-reversal]
[http://carolan.org/2009/05/12/wind-shift/]
[http://seekingalpha.com/article/138118-global-markets-in-review-pros-and-cons-of-a-pullback]