20090610

We have had quite a rally today:



The WIG Index gained impressive +1.90% and it's at the level of previous high. Oscillators are confusing, however the volume is clearly decreasing.

The price is the most important and weekly uptrend is still intact. However, the volume does not confirm today's rally and I believe we should be careful now.
The most of our positions was made at lower levels and generally should be in the money now. Thus, the risk of trend reversal is bearable.

California Budget Crisis explained by John Steward (here).

Update from 2009/06/11:
I forgot to mention there is no session this Thursday.

There is quite interesting article about China and their role (here).

Sources:
[http://www.thedailyshow.com/video/index.jhtml?videoId=230057&title=youre-welcome-california-budget]
[http://longterm.bblog.pl/wpis,chiny;nie;uratuja;swiata,26125.html (via Google Language Tools)]