20100407

The WIG Index fell -0.58%:

The general situation has not been changed for a while and most of technical signs seem to confirm bull market.
There is no reason to make any commentary; we won't be able to guess the top anyway. Just ride current rally and protect gains with stop-loss orders.

There are some thoughts about polish Social Security (here). It looks like the future pensioners in Poland should count only on themselves.

There is quite interesting paper about huge obligations of European Countries (here). It seems that future pensions are the common problem in European Union.

Sources:
[http://praca.gazetaprawna.pl/artykuly/411519,bielecki_zus_bis_to_niezle_rozwiazanie.html (via Google Language Tools)]
[http://www.cato.org/pubs/articles/gokhale-NCPA-319.pdf]

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