Pick of the week for Week 35: Possibilities

First off, although Im already sounding like a broken record, stay in CASH if you want to be safe.

BUT if you want to participate, here are 'possibilities' the stocks to look at:

1) Gold already breached 1400, and seems to be on an uptrend, but LC still went down 8.77%, and PX by 2.7%. As we've mentioned elsewhere, trend of LC and the bunch seem to follow the trend of gold the night before, but this day is a contrarian day. The big bearish shock early in the opening probably overwhelmed holders early. I'll be betting one tranche tomorrow each on LC (or LCB) and PX.

2) ALI, a solid solid company, is already oversold (20 RSI). I'll be getting in at 24. This stock, several times in recent past, quickly bounced with just a marginal breach of oversold territory. The only problem is if there is really a general, pervasive, bearish, sell-sell-sell sentiment or there's a big local bad news waiting to explode... then not just ALI but all of PSE is doomed. But If there are no extraordinary negative circumstances, 24 offers good enough price with right margin of safety to enter. Just remember to sell at a small profit. Do not aim for double-digit percentage gain at this time.

3) VLL is a good stock to enter at 5, 5.01. Im also predicting an upcoming hefty divs announcement (between 2 - 3% yield) in the next two weeks.

4) I have to include MBT in this list again. P/E at current price is 8.48! Cheapest among the top 3 banks by a wide margin, and this stock has an upcoming stock divs to boot.

5) If you are in a 'bargain-hunting mode, check the EPS and P/E of other index stocks. (no exhorting need to look at bazurs at this time since blue chips are going on sale). But in the end, these are still dangerous times. Youll have to have faith on the company and have some strong ('emotionless') resolve, or [better] to just stay in cash, and wait for a clear uptrend.

6) The Sy stocks including mother ship SM are also in oversold range. However, the MSCI adjustment is still for 1st week of September, and there seems to be an continuous ominous cloud of bad intention (or rape?) by foreign fundies toward the Sy's. It's fearful to get in to SM, SMPH. I wont get in.

C'mon index! C'mon locals. That includes me! C'mon--we can doh it!