PSEi: What Next?

[harley]

ang sarap nung mga cut loss ko para na rin akong kumita ngayon hehehe

[betheone]

hehehe ako naman nag cut loss nung monday pa. kaya hunting pa rin ng mapapasukan. Ano sa tingin nyo nangyari sa SMDC? Trending up cya the past few days then today, one of the top gainers with big volume.

[yeahbah]

sidelines muna mga pards, mahirap na at baka magkatotoo ang hula ko na 2600. Preserve your capital and keep your profits from last year.

[harley]

yup. don't forget cash is also a position.

[genkumag]

sidelines muna mga pards, mahirap na at baka magkatotoo ang hula ko na 2600. Preserve your capital and keep your profits from last year.

Agree with sir yeahbah completely, altho I'm strongly convinced that we'll see a bounce at the 2850 levels, before heading down again below 2800. Para kasing masyadong obvious yung 2800. Daming nag aabang bumili although I'm sure dami rin naiwan at naipit... bounce, bounce, bounce, hulog. hulog.

Good luck, good luck.

Side note: the bounce I was expecting today did not come true, yung kahapon na strong open na pala yun... but I did see the index hesitate and hover over the last leg of the GREEN fan, so they must have thought twice before breaking it. Haha!

[genkumag]

Bearish downside or something else? Thoughts, anyone?

[yeahbah]

Probably will go up to test resistance

psei.png (131.56 KiB) Viewed 339 times

[tarantrader]

Ang malinaw lang is lumabas na ang double top, binasag na ang neckline and we're now below it.

[yeahbah]

Alright, looks like the DOW will close at more -200 points. Anyone who are looking to buy stocks at lower prices, here's your chance. This is where your stock picking skills will get tested so choose well, because the "cheap" stocks you buy today may get cheaper in the coming days.

Here are my picks:

* TUNA -- 1.6 - 1.64
* PIP -- 1.88 - 1.9
* ANI -- 20
* LC -- 0.215
* PX -- 8 - 10
* MEG -- 0.7
* ALI -- 6

Caveat

[tarantrader]

STRONG BUY!