March 18, 2010 by longneck · Leave a Comment
The market today ended again at the 3,100 level, all good for a 12pt advance. This led by gains in MER, URC, and PCOR. URC in particular is very strong, as the rest above the P21.00 supports prove again to be short-lived, and it now has broken above its recent P23.00 highs.. Trending very strong still,... (more...)
March 17, 2010 by longneck · 2 Comments
With the DOW now threatening to hit new highs, our PSEi still faltered on aimlessly. The Aboitizes lent a helping a hand to this day’s supposed correction, BUT TEL saved the day for us, higher to 2,580 and has 12 PSEi points gained. What mesmerized me today was how the third line sector came to... (more...)
March 15, 2010 by longneck · Leave a Comment
The ABOITIZES ruled the PSEi grounds today, and caused our market to go up by 3.88pts on another lackluster of a trading day. Just like Manny Pacman won over Clottey, the win like that of the PSEi’s today was not convincing as Clottey was clearly just staying defensive, buyers and seller for the... (more...)
March 12, 2010 by longneck · Leave a Comment
1. This stock single-handedly pulled the entire market lower today, and as if the stars were all aligned near the 3,133 level for the EX_cash dividend of this stock to occur. Tell me about it!!! The dividend is P141.00 all together, good for 1 meal order of 2-piece Chicken Joy. Supports for this is the... (more...)
March 11, 2010 by longneck · Leave a Comment
A somewhat boring day for the PSEi, though index wise we are up again by 5pts, getting nearer and nearer to 3,133. Things are getting boring, as plays are as I said in my earlier UCC’s – rotational. If the play doesn’t rotate to what you bought or bet, THEN yes, things can get awefully... (more...)
March 10, 2010 by longneck · 2 Comments
With our index closing at 3119, we are now about 13pts away from breaking that recent 3133 high. Will we or won’t we? I am 50/50 as of the moment. Today’s gains were supplemented by the power sector, as EDC, FGEN, and AP all marched higher, but broad based fever has recently been conspicuously... (more...)
March 9, 2010 by longneck · Leave a Comment
Today, our PSEi sped past 3,100 again, and today’s uptick was generally aided by gains in these three ALI, JGS, and AEV. Curiously so, there are now a handful of issues treading near ALL-time highs. The Aboitizes are just two. Both AP (P11.75) and AEV (P12.00) are now a sling shot away from all... (more...)
March 9, 2010 by longneck · 5 Comments
With the DOW up last Friday, and in the process breaking its 10,500 resistance, our local market followed suit though in a relatively muted fashion. Today’s uptick though huge in terms of gains index wise was more or less subdues, as volume tapered off today. As we are nearing again the 3,100 level,... (more...)








