Archive for October, 2010
The Philippine Stock Exchange Index (PSEi) continues to keep everyone guessing on whether or not it’s going into consolidation. Just when we thought that the index is already having its correction or consolidation, it suddenly springs back to life to create a new high. Could it be possible that the PSEi is repeating what it [...]
The Philippine Stock Exchange Index (PSEi) is currently hovering around the resistance of our upward trading channel and has shown no clear signs that the market will be reversing anytime soon. Could it be that the consolidation that we were looking for is now happening?
For now, the moving averages wouldn’t be able to confirm to [...]
The Philippine Stock Exchange Index (PSEi) is now trying to break out of the upward trading range that has been established since June 2009. It is also possible that behaving the same way it did around July to September of 2009. During that time, the index also was very bullish and breached the resistance of [...]
Many of you may have read the article that was published both in hard copy format & electronic. In case you missed it, here’s the article:
There are some things which we would like to clarify.
First, the article quoted us as saying “The third wave, which is a prelude to the last two waves of dip, [...]
The Philippine Stock Exchange Index (PSEi) continues to defy gravity. We earlier said that although making new all-time highs is fantastic, the manner of how PSEi was able to do it was quite dangerous. Why? If prices rise too fast, too soon, the chances are quite big that it will also correct just as fast, [...]