20090615

The WIG Index finished with quite a loss -1.38%:



The weekly trend is intact and therefore we should still be in long positions now.

The gains are not accompanied by high volume and that might be a warning sign.
The only thing we can control is risk; thus, if you are entering transactions now, make sure the profit/risk ratio is high enough.
However, I assume most of our capital is already invested and our positions are mostly in the money. That gives us some risk-buffer in case of trend reversal.

Interesting analysis about markets in Europe (here).

Quite interesting study about investor's behaviour (here).

Thoughts and indicators for US economy (here). Buy signal on DJIA (here).

More on USD (here and here) and treasury bonds (here).

Lem's blog won't be free anymore. New site available here.

Sources:
[http://www.qaib.com/showresource.aspx?URI=advisoreditionfreelook&Type=FreeLook]
[http://seekingalpha.com/article/142965-u-s-indicators-on-track-for-q4-economic-recovery]
[http://seekingalpha.com/article/143023-a-socratic-dialogue-fearing-the-collapse-of-u-s-treasury-bond-prices]
[http://seekingalpha.com/article/143034-will-the-u-s-dollar-crash]
[http://www.bloomberg.com/apps/news?pid=20601087&sid=abKnXn3puSjY]
[http://seekingalpha.com/article/143180-preview-from-europe-markets-tread-water-on-low-volume]
[http://seekingalpha.com/article/143217-long-term-market-trends-a-djia-buy-signal-indicator]