20100303

The WIG Index gain +0.41%:

I am still quite bearish (maybe due to my zero exposure to the market); however, like mentioned in last post, the general technical setup looks good again.

There is quite interesting paper about Warren Buffett investing style (here). It's quite extreme, however it is worth reading.

Sources:
[http://pragcap.com/the-many-myths-of-warren-buffett]

20100302

The WIG Index gain +1.67%:

The daily buy signal has been generated and technically speaking the odds are we will continue the rally. Both oscillators and volume hike seem to confirm that.
I am still quite bearish, but it does not pay in this business to be stubborn. The market is always right and we should only listen.
Nevertheless, you might want to wait for a few session to see if index keeps above the 39000 area, before you enter long position again. As for me - as I mentioned earlier, I have put my capital elsewhere.

The EURPLN made lower low:

We are still in primary downtrend, but I think we shall wait until we break the ca.3.87 level (low from January 2009) before we can generate primary sell signal (confirming role only).

20100301

The WIG Index gain +0.72%:

The market is just below ca.39000, breaking this level will generate daily buy signal (CCI seems to confirm that).
In my opinion the market is weak and quite bearish, but we should follow the technical signals, not our thoughts.
I am still out of market I probably I won't be returning anytime soon, thus I am not tracking separate companies.