Wednesday, January 31, 2007

raging bull

The market is really bullish right now with consecutive 1% gains in a few days and despite a 3% drop last friday januarv26 but it still doesnt matter. It still shows that our market is really in a bullish mode with many foreigners joining the fun in our market. There are hardly any bargains in our market. But there are still a few and im really interested with this one find of mine. I will tell you about it in time for i am still gathering more info and data but it really looks promising. It can be the next urc, ict and smdc! :) for speculators you might like v! Its breakout point is at 1.70! :) very solid stock which is still undervalued as of now with the sale of its shares in ibank. :) just remember that being a value investor means being patient and waiting for the right opportunities. :)it is really a different discipline altogether being a value investor. It means being a marathon runner not being a sprinter and its harder than being a speculator. As they say “have faith that is all that matters” this applies when everything looks hopeless but you should still hold on to your research that your holding an excellent stock that could give you excellent returns in a few years time. A friend of mine gerthrode was able to read my blog and she requested that i write about how the stock market works. Basically its just a big marketplace where people buy and sell stocks. :) maybe ill write about it next time. Thank you so much for taking the time to read my blog. Take care everyone and good luck in all your trades. Market really looks bullish and i still cant believe it that after a few months that i wrote that the minimm upside of the market is 3,150 and now our market has breached it and it would seem to me that it is forming a new base. But i believe that our market will continue trending up. God bless :)

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