Archive for September, 2009

PSEi Outlook for Sept. 28 – Oct. 2, 2009

Monday, September 28, 2009 19:13 No Comments

The PSEi is listless and a lot of the traders are getting antsy.  There are two things that stand out right now that makes me want to hang back and wait for the right time to reenter the market. First is that the intermediate support formed since March has already been broken since last week. [...]

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PSEi Outlook for Sept. 22 – 25, 2009

Saturday, September 19, 2009 11:03 No Comments

Don’t be deceived by the sudden bullishness in the final hour of trading last Friday.  It’s a relief package of sorts that really doesn’t help.
It was good for us to see the PSEi finally have a convincing green day the past week.  Thursday was also green but what happened to the index that day was [...]

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PSEi Outlook for Sept. 14 – 18, 2009

Sunday, September 13, 2009 20:11 No Comments

It seems a lot of traders are making good with our stock recommendations. The only thing we can say is, it’s time for some payback! Also, we would like to greet our friends from a certain brokerage house whose traders, we heard, have been raking in profits by following our recommendations. You know who you [...]

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PSEi Outlook for Sept. 7 – 11, 2009

Sunday, September 6, 2009 23:51 No Comments

The PSEi is now struggling to keep its head above water.  Unlike the US, we haven’t corrected much. But with the way things look, we could be seeing more of the correction.
If I didn’t know any better, I’d say that the index is now trying to form a short term double top formation that is [...]

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Singing to a new TUNA

Tuesday, September 1, 2009 22:48 No Comments

I noticed last week that there were two issues that were moving up .  The first one was PIP, which we won’t talk about.  The second, is TUNA.
What I remember from this stock since it’s listing is that it has been on the downtrend.  Even if its fundamentals are telling you a different story, the [...]

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PSEi Outlook for Sept. 1 – 4, 2009

Tuesday, September 1, 2009 8:30 No Comments

The past week was very kind to almost everyone who had positions in the PSEi. There was a massive increase in the index on Monday when it closed 139 points higher, or a 5.11% increase in its value.
This time not only one particular stock was pushing the PSEi but a host of other issues. Although [...]

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Stock Picks for Sept. 1 – 4, 2009

Tuesday, September 1, 2009 8:28 No Comments

After a few weeks of various stocks moving up, only two stocks that caught my attention still haven’t broken out:

OPM
Buy: 0.017
Target: 0.025
Cut loss: 0.015
Return: 47%

OV
Buy: 0.018
Target: 0.026
Cut loss: 0.016
Return: 44%
A hold recommendation is given to ALI, MEG, FLI, CMT & PAX.  That’s assuming you still have them.
Again, this is not a solicitation, this is the [...]

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