Monthly Archives: February 2012

29 February 2012

PSEi 4,897.65. +77.22 points. +1.6%. It’s not always possible to blog on February 29. One should make the most of this opportunity. At this moment, European markets are flat while the Dow is down slightly. It will be very interesting … Continue reading

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27 February 2012

PSEi 4,799.29. -93.71 points. -1.92%. A number of parabolic spikes stuttered today from their lofty highs:┬áIRC -18.33%, MHC -16.25%, UBP -15.56%, AEV -11.31%, PSE -8.04%. The coming trading days will give further clues whether these uptrends are indeed over. You … Continue reading

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22 February 2012 (pre-open)

Nymex WTI Crude – $106.25/barrel. ICE WTI Crude – $106.10/barrel. ICE Brent Crude – $121.44/barrel. Time for ‘Ye ole arbitrage game. Fill up your tanks, people. Local pump prices will follow and go up. You’ll save a bit by refilling … Continue reading

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21 February 2012

PSEi 4,900.94. -42.90 points. -0.87%. Most of what I’ve wanted to write about trading, I’ve written in the non-dated articles of this blog. If there’s anything I strongly feel is still missing with this blog, it’s a concrete trend-following demonstration. … Continue reading

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20 February 2012 (pre-open)

Nikkei +1.76% as of this writing. If this keeps up, I think we’re headed for a 70 to 100 point gain today. And if there’s no trouble overnight, PSEi 5,000(!) comes tomorrow. Wow. Did you ever think, at the start … Continue reading

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Everybody’s Free (To Wear Sunscreen)

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17 February 2012

PSEi 4,880.71. +114.14 points. +2.39%. New all-time high. http://www.gmanetwork.com/news/story/248430/economy/finance/philippine-stocks-surge-at-an-all-time-high-in-liquidity-driven-rally-psei-up-2-39 The medium-term uptrend is intact. The short-term trend has shifted from sideways to up. Medium-term traders should keep holding their winners (at least the ones that keep giving) when the market’s … Continue reading

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