Tag Archives: debt crisis

15 December 2011 – European Debt Crisis

It feels good to be out of the markets. The European situation was driving my trading batty and I consider myself extremely lucky to end the year with a tiny, infinitesimally small gain (break-even, basically). With selling done, I’m definitely at … Continue reading

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8 December 2011

PSEi 4,312.89. -2.28 points. -0.05%. The world awaits the new European Debt Summit. What can people expect? More of the same. It’s called inertia. LC 1.7 Pesos. -2.3%. 1.245 billion Pesos value turnover. LCB 1.88 Pesos. -1.57%. 300 million Pesos … 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 – 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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13 October 2011

Happy Birthday Abi’s Trading Blog! 🙂 PSEi 4,134.48. +14.77 points. +0.36%. Support: 3,890.52. Resistance: 4,204.29. In hindsight, Sept.26 to Oct.5 looks like a double or triple bottom. Amazingly resilient. I’m taking a closer look at individual charts in case I’m … Continue reading

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