Compared to the indexes reaction on bad news has more impact on CLL .

First we started positive but ended much lower.Think we will touch the support line Monday .But volume is low these days.

Let's hope bourses can found a support level with more earning news coming the next weeks.Specially the outlook is important and if this is not so bright I'm afraid markets will send the indexes lower.So because CLL is a risky stock the reaction is heavier on bad news.

Based on statistics the bourses for the coming months will not be that strong and October is the worst month in many times so if that's the case don't think we can expect a huge jump in sp for CLL.IMO the trigger line to pass is the 50 % fib level which is around 1.55.

CLL is now following the index but with bigger swing because it's a risky stock so beta is higher.If production starts and the feeling in the market is not bad by then we can start a more supported trend up .

I would like to read some meaning about the economic situation in the US.In my area so far i have the impression that the worst situation is over and European banks did pretty well in the so called "stress test".What i heard from a store keeper this week that it's not so easy to get money for investments.The banks have raised their levels for credits.

Because the eyes of the world are mostly on US economy I'm wondering if the talk on the street is still so negative and if situations are still bad.