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Archive for October 10th, 2011

Posted by Martin October 10, 2011

Is the market rebounding?

Today’s trading, although based on hopes, could be read as a reversal approach. We broke significantly above 50 day MA. The volume was a bit weak, but still, the rally can count as a breakout. The question is whether it will mark a rally attempt and we are ending the bearish trend or this would Continue reading →

Posted by Martin October 10, 2011

Here we go again, hopes, pledges and promises

Market is growing again. On hopes, promises and pledges. A big bang is close, when those idiots in the market realize, that these are just plain promises which cannot be accomplished without hard and merciless changes or cuts. While talk of a strategy is encouraging, the lack of details is keeping investors and markets on Continue reading →