Today, bears on the domestic stock market started a counter-offensive and overthrew the bulls in the conquered yesterday Heights. If the day does not suddenly end with on a positive note, it should be possible to admit the victory bears not only in this small battle, but in the war for the trend.

Accordingly, on Friday and next week to become relevant trading strategies based on unsecured sales. Also, players who do not like to use the borrowed funds, could start to take an interest in shares second tier. Already you can see how they try to disperse the shares of smaller steel companies. By the way, if you participate in this game, you remember that the strong resistance to the pleadings Severstal - is marked 175 rubles (today, these shares have already been there), for shares in NLMK 75 rubles, for the securities CMI 15,9 rubles for shares TMK 80/81 ruble.

From the technical point of viewof some of the shares are very attractive even at current prices. Nevertheless, we fear that their growth sduetsya if the overall descending trend in the Russian stock market will accelerate. Therefore, to buy the paper Small Industry we do not risk to offer, but if you are already in the portfolio, it still make sense to keep them.

Reducing energy consumption in the United States makes oil to get rid of its commodity contracts
With a high degree of probability before the end of the day the preponderance of sales in the Russian market will continue
Recommendations on the stock market: LUKOIL, MMC Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
SOLLERS and Korean DaeWon Kang Up created a joint venture for the production of seats for Fiat Ducato
Net profit of OGK-1 under IFRS for the 1 st quarter of 2009 rose to 2.03 billion rubles
Precious metals market review for 01.07.09
Once again, the euro-dollar was unable to hold above 1.4150
Prices pair EUR /USD close to the level of support 1.4100
The role of China's car market for the U.S. automobile industry is growing