strong close

second week in a row that the psei has closed strong. do you know what that means? theres a big possibility of a santa claus rally. :) why does that happen every december? i think i have a few ideas why :) one is that our ofws usually send money back home for the holidays with the influx of more dollars in the country that means as the law of supply and demand will dictate there will be more supply and thus will cause the us dollar to depreciate and our peso will appreciate :) and another reason is that companies are window dressing and they would like that their share prices would end up higher so that it will look good in their balance sheet :) i have to think of other reasons but for us small time investors hehehehe we just have to take advantage of this phenomenon :) good luck we still have three weeks before the year ends :)