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Re: ^PSEi 1 Year, 5 Months ago
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Next stop 3,213.95!
Takyut ka na ba?
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... there is only one side to the stock market; and it is not the bull side nor the bear side.... but the right side.
Excerpts from "Reminiscences of a Stock Operator"
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Protective Stop 1 Year, 5 Months ago
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When price goes against you, your greatest enemy is yourself. Its your PRIDE!!! :oops: :cry:
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zen8887 (User)
Fresh Boarder
Posts: 0
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Re: ^PSEi 1 Year, 5 Months ago
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I was reading a market commentary by Pinoy Finance. The market went up by 41+ points, when it seemed it couldn't move higher, it fell. Yesterday's closing of 3426 + 41 = 3467, exactly the support that was breached and has become the resistance to break for upside.
Everybody was a sell on rally mode today after the last 20 minute rally of the Dow to close up 150 points. Since everybody (including me) was on a sell mode, there were no buyers, the should-be rally turned into panic selling especially after the 3400 was breached.
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Re: ^PSEi 1 Year, 5 Months ago
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Dow Up again by 100 pts....what ya think guys
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Re: ^PSEi 1 Year, 5 Months ago
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Karma: 1
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SHORT COVERING :twisted: Remember in the US the ration of short and long is pretty nice and balanced so any up day especially after a huge down day is never going to be an indication of REAL BUYING. Pero as it is another correction ala February it looks like it at the moment.
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CASH IS KING IN ANY COLOR EXCEPT GREEN!!!!
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Re: ^PSEi 1 Year, 5 Months ago
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i think you're right...negative sentiments still prevails on the local market though US is gearing-up for a rally.
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