PROFIT TAKING?

What started out as profit taking soon turned into something really ugly. For Bulls it is really important we don´t push through recent lows. OMX hesitated at or near the same level as before and then it was all downhill. Shorts in ERICB SS could be put on as late as this morning and cashed in by closing. Looking for support at 52,80 but we plowed right through in the US. Volumes light as of late. I was expecting a breather, but this can very well set the pace for the rest of the week. We are expecting some PPM money (pension fund) into this market and usually what happens is that PMs front the inflow. This year will definately be trickier as rules have changed. Still, I expect markets to pick up towards the end of the week with index heavy stocks as clear winners. ERICB SS, NDA SS, HMB SS, VOLVB SS, TLSN SS should all have decent rallies come thursday or friday.