Monthly Archives: October 2011

31 October 2011 – PSEi Analysis

Happy Halloween! Uptrend – ICT, JGS, URC Downtrend – BDO, BEL, CEB, MBT, MER, PX, SMC, SMDC Sideways – AC, AEV, AGI, ALI, AP, BPI, DMC, EDC, FGEN, GLO, JFC, MEG, MPI, MWC, RLC, SCC, SM, SMPH, TEL The list … Continue reading

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27 October 2011

PSEi 4,267.50. +42.74 points. +1.01%. Looks like it’s over. Nice job, Europe! I took the 3 best trades I found on the charts overnight, and am eyeing a 4th. If the danger is over in Europe, or even if they’ve … Continue reading

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27 October 2011 – More Progress

October 26. PSEi 4,224.76. -17.76 points. -0.42%. DJIA 11,884.44. +177.82 points. +1.52%. FTSE 5,553.24. +27.7 points. +0.5%. DAX 6,016.07. -30.68 points. -0.51%. CAC 3,169.62. -4.67 points. -0.15%. The markets were strong, supported by more positive developments coming from Europe and … Continue reading

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26 October 2011 – Not Over Yet

October 25. PSEi 4,242.52. +41.44 points. +0.98%. Why do people even buy? The political trend coming out of Europe is that of half-measures, bickering and kicking the can down the road. Now, granted world stocks have been very strong the … Continue reading

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25 October 2011 – The Price is Rice

For those who consider rice a staple and live in rice importing countries, you may want to buy some for your home cooking. The record Thai floods are believed to have damaged a significant volume of rice crops. This may … Continue reading

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24 October 2011

PSEi 4,201.08. +34.48 points. +0.83%. IP continued its decline, dropping steeply by 36.59%, from 3.17 Pesos last Friday to just 2.01 today. The buy-on-rumor-sell-on-news play seems to be over for now. IP peaked at 3.87 last week. The investing world … Continue reading

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24 October 2011 – Progress

Progress was being made in talks to end the European debt crisis, though deep divisions remain such as private banks offer to write off 40% of Greek debt against governments insistence they write off 60%. There remain difficult technical problems … Continue reading

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