Summary Week 13/03/2009 Week 02/03 A week of high volatility in the markets, with a beautiful sailing weekly bulls, known as upward bound which is usually highly reliable. Some say they already finished the rebound, I think that if the ibex can overcome the 7600 points we can go to the 8600 points in a couple of weeks.
very attentive to the measures taken in the U.S. on Mark-to-Market, because if you eliminate this way of valuing assets, banks such as Citigroup or Bank of America can rise vertically.
In any case despite some good news this week as U.S. retail sales, consumer confidence, and that major banks back to profitability, we must not forget that the medium-term trend is still bearish, and that macro data in general are terrible.
Regards and luck.
