15 August 2011

26-28.

http://www.mb.com.ph/articles/330657/p8-oil-price-rollback-bus-fare-hike-pushed

Gasoline down P1.50, diesel P1.70; govt warned on stockpiling

Local pump prices continue to trend down. You do not want to hold too much of something that is going down in price. Therefore, one way to exploit this is by filling your gas tank to the halfway mark only, instead of your usual full tank. If you have more than one car, another option is to use one car until the tank is almost empty, then use the other car until it is almost empty, and only then do you refill (one or both tanks depending on how world oil prices are moving). May your savings increase!

http://www.businessweek.com/news/2011-08-14/rice-set-to-climb-as-thailand-imposes-curbs-u-s-crop-shrinks.html

If the reports on world rice prices are true, you may want to consider buying just a bit more than usual for your home meals. What I want to know is, would such a price spike be the end of Mang Inasal’s P99 unlimited rice meals?

http://finance.yahoo.com/q?s=PSEI.PS

Finally, back to everyone’s old flame, the PSEi. The index rose slightly, gaining 10.9 points (+0.25%) to close at 4,332.63. It was another small white candle with an upper shadow. The market remains indecisive and is still generally an Avoid.

Tails.

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