Thursday, August 14, 2014

Im back!

Although I would have loved to stay in this mode forever...

and get all vacation money from pure trading....

BUT the day job beckons. I was not totally absent from trading, but I failed to find time to jot down picks and trading notes.

The only trades I remember is buying and selling AGI, LRI, and TA in a few short weeks after seeing +5%.

Yes, it seems Im going back to that old strategy of
1) buy only highly-traded fundamentally-sound stocks, and then
2) put sell price the moment you see +5%.

Why go back to quick-in-and-out strategy?

It's ghost month and there seems to be very very stiff resistance at 7 K PSEi. It seems that a powerful resisting force is saying that we dont naturally belong in this index level.

This could be all hullabaloney, but Im relying on this possibility mean time, and make my trades with it in mind.

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