Trending down in a price channel Currently in a technical correction and appears headed towards the trendline resistance MAs are all pointing south confirming the strength of the trend Major support/resistance levels: 3375/3667 No apparent evidence of a bottoming out Copyright (c) 2008. Whipsaw.... (more...)

Trending down in a channel Encountering difficulty to launch a correction after a bounce off the recent support Slope and flaring of the MAs and the MACD signal line illustrate that the downtrend continues to gain momentum Major support/resistance levels: 12501/13780 No visible evidence... (more...)

If I hadn’t made money some of the time I might have acquired market wisdom quicker. - Jesse LivermoreThe ING Philippine Equity Fund, despite its size, was beating the index in the first half of 2007, until the subprime crash hit, prompting it to switch gears and pursue a... (more...)

October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.  - Mark Twain September 2007 Global markets begin to recover from the meltdown. PSE Index stages a 6.2%... (more...)

If there were no bad speculations there could be no good investments; if there were no wild ventures there would be no brilliantly successful enterprises.  - F. W. Hirst  May 2007 It's election month. Market sets new all-time high with the PSE Index gaining 6.2% bringing YTD yields to... (more...)

“The four most dangerous words in investing are: 'This time it's different.'” - Sir John Templeton Starting Point – December 2006 "2006 was A Good Year" states the ING Manager's Report. And good it was. The PSE Index ended the last 12 months up 42.29%, its... (more...)