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 just kicked the can down the road, I think people should consider trading this early Santa Claus rally. Absent the debt crisis, there’s no reason not to.

As always, trust in your own independent analysis and come to your own conclusions. There are no guarantees in the trading world, except perhaps for fluctuating prices, so Caveat Emptor.

It’s trading time!

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