At least 3 Elliot Wave Chartists point out that the SPX is in a bear rally and that the next wave down may even be lower than the spx 666 in March 2009. Their analysis is that the present US stock market rally will top off very soon. Since PSEi mimics the US stock markets, do you guys think we are going to follow suit? Below are three EW links. (I have funds in ING High Conviction Equity Fund as well as ING Equity Fund.)
I would be interested in Bonner's and Danny's comments - my gurus. And of course, my friends and classmates from the TA class.
yeahbah wrote:Malalaman natin kung sino matibay at chicken ngayon
i feel like a chicken today.
sir yeahbah, do you execute your mental stop the moment the price touched it? during opening? closing? or from your strategy, any price during the day, 30mins before closing, given that during that day, the price touched that mental stop, and/or patterns recommends you sell on that day.