Ive built considerable position from averaging down (In fact, I shouldnt have stopped averaging down). But I am still not yet selling. Im still leaning of holding on to it a few weeks until City of Dreams Manila opens.
This could change though depending on the overall sentiment we have with our market.
Thursday, July 10, 2014
Hhhhmn, WEALTH is unloading TA again big time
This could be another gift that will give big time.
First two buy tranches, waiting at 2.4.
Monday, July 7, 2014
Picks of the week are one tranche in SCC, another in SECB, another small in UBP
If indeed we're on an overall uptrend,
these horses still can gas upwards vs. their previous highs.
One attention from a big fund, will push these up.
We should ride them some, beginning small just to be safe.
these horses still can gas upwards vs. their previous highs.
One attention from a big fund, will push these up.
We should ride them some, beginning small just to be safe.
And so we're 7K again
I partly sided with the doomsayers (about inflation stunting our increase on short-term), and raised up a considerable cash position. I took profit early indeed. But since the PSE seems to be naturally-following the record highs of US indices, the selling was a wrong move on hindsight.
There's no remorse for me since that was the call, which was established based on info available. I have anyway still have some bets remaining and continuing to ride up these stocks in greens.
To those who stayed big on faith in MEG, et al, congrats! The only unfavorable indicator for us is that there was foreign selling yesterday. Well there could be rocky ups and downs in the coming weeks, but an uptrend should be the tide where the general sentiment is.
And this kind of sentiment is the sentiment we should ride on.
Let's hunt some highly-traded issues that still have some +10% jump in them. What's going to be your pick?
Whatever it is do not ride if you dont have time to monitor. You should be ready to withdraw on a moment's notice (like that moment when BSP indicates they are going to hike up policy rates).
There's no remorse for me since that was the call, which was established based on info available. I have anyway still have some bets remaining and continuing to ride up these stocks in greens.
To those who stayed big on faith in MEG, et al, congrats! The only unfavorable indicator for us is that there was foreign selling yesterday. Well there could be rocky ups and downs in the coming weeks, but an uptrend should be the tide where the general sentiment is.
And this kind of sentiment is the sentiment we should ride on.
Let's hunt some highly-traded issues that still have some +10% jump in them. What's going to be your pick?
Whatever it is do not ride if you dont have time to monitor. You should be ready to withdraw on a moment's notice (like that moment when BSP indicates they are going to hike up policy rates).
Thursday, July 3, 2014
Pick of the week for Wk27: watch out for the inflation report
Watch out for the inflation report later today. If it's more than 4.5%, you know what to do.
We would all need to lighten up more, and fast.
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