we will probably land somewhere around 3640 and then 3520 lvls....

That's what I saw too when the channel broke.

i see a breakdown from a symmetrical triangle. target is about 3400

nag rally agad after 2 days at testing resistance (previously support) pa? hmmm will this be a failed breakdown? abangan!!!

What's happening with the PSEi?

What we've got here is a break of the intermediate support with what could have been a falling wedge pattern in the making. Looking at the volume, we can see that the market is very volatile due to the economic concerns in the US.

Are you scared sh*t??

Well not me, looking at the bigger picture, we can see that our major uptrendline is still intact and although we are going down the past few weeks, look at how fast we went up from 2,874.99 to 3,803.54? Market is deemed to correct and we're lucky that the Philippine economy is not slowing down.

http://traderpinoy.blogspot.com/2007/11/psei-outlook-for-last-week-of-november.html

even if it goes down, im not scared...hehehehe