Pick of the week for Wk42 is increase Cash position (to minimum 50%), but also follow possible short-term bounce, and get in if your conservative buy points are hit

This is that time of the balancing act, where the confident buyers of fundamentally-solid companies win. Where the right portfolio mix, built at the right entry points, will deliver the money (for that long-planned vacation, for the upcoming kids' school fees, for that hoped-for gadget...)

We might get sold down to 6500-6700 PSEi, so if you don't have at least 50% in cash position to use to start entering at that point, you have to adjust or add funds now.

If you want to be entertained though and have time to monitor, go in and out quick, you can take advantage of expected short-term bounce. How big a bounce? The DOW and SPX will give a clue on how high and how long. (You have to open every morning and check these US indices). But in general, you shouldn't aim for more than 3.5% profit in these hit and run transactions. And then there's should also be a time limit--if you dont get 3.5% in one week, still... get out

Now, for intermediate and long-term, we also shouldn't waste the opportunity to get in on favorite stocks once they get to tasty valuation points. Last year, the big bucks came from our confident conviction in buying MEG, DNL, TA, TEL, AGI, URC, even when they were being sold down hard.

So if we get a chance,
TEL at 2900 is a buy.
AGI at 23 is a one trench buy
SECB at 126 is a buy.
MEG, Im pining for, at 4.3
BPI at 88
SCC at near 100
GLO at 1600 is one tranche entry
DNL at near 10 is one tranche.

Patience, Luke.

Stay at 50% cash and enter your buy points ahead, if you dont have time to monitor closely. Play the short-term bounce if you have time to monitor.