Taper news hit us again.
The discipline to keep a substantial cash position served us well, but don't buy yet at this time. We dont know how deep will the slump be. We might see us again at 5900.
And monitor a few fundamentally-good stocks only. They might be bargains at this time. Many are even severely oversold without any reason other than foreign funds wanting to exit the PSE. We should buy the fundamentally-sound and currently-cheap MEG, MBT, et al, after they've done their unloading
Good luck.
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