Monthly Archives: October 2010

New PSE Index Composition

The Philippine Stock Exchange yesterday announced changes in the composition of the benchmark 30-company PSE index. DMCI Holdings Inc., JG Summit Holdings Inc. and First Gen Corp. will be rejoining the composite index. To be removed from the index are … Continue reading

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29 October 2010

Another ho-hum trading day. This one was highlighted by month-end window dressing. Look at that last minute spike. Fund managers sure know how to raise their fees! CEB was down again 0.6 pesos to close below its 125 IPO price. … Continue reading

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28 October 2010

Congratulations to all the brave tsupiteros who made money with the Cebu Pacific IPO!┬áThe market was down a modest 24.38 points today. BPI, DMC, ICT have made higher highs. Still holding 2 of these 3, and will make it a … Continue reading

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27 October 2010

Not much going on. SMC is stirring though and may be worth a look. Up 9.7 or 12.36% on volume of over Php 132-million. “Riding with the Bulls”, Citiseconline’s Investors Briefing was quite interesting. I do not usually monitor fundamentals … Continue reading

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Accuracy, Expectancy and Opportunity

Suppose there are two basketball players, Player A and Player B. Player A makes 60% of his field goal attempts takes while Player B makes only 50%. If this was all the information you had to go by, who would … Continue reading

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Financial Markets and Casinos

“Who sets the rules?” This is the main difference between casinos and financial markets: In casinos, the house sets the rules. They make sure they have a mathematical edge in all the games, then set bet limits to eliminate the … Continue reading

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Trend Following Basics

When prices move in a certain direction in a sustained manner over time, it is described as “trending.” Trend Following is simply a style of trading that seeks to profit from such trends. Richard Donchian (1905-1993) is often considered the … Continue reading

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