Saturday, March 03, 2007

spyfrat's corner

Im here in the office again and peter is taking pictures of jewelry again. His yummy friend sofie will pick him up in a little while. The other day my friend oskie told me of an investment scheme in the internet. 1% a day investment kind. So i asked myself is it worth the risk? If a business earns more than 5% a month that may be enough reason to question if that business is legal in the first place! :) it might be a ponzi scheme type of investment. Ill write about that in the next articles. Ill try to do more research or get a story from a book and ill print it here for you guys. :) by the way oskie almost made it to pinoy big brother but its okay for everything happens for a reason! :) it would have been fun if he made to the show we already plans on what to do to help him win! :) hehehe

so now lets talk about business its a bloody week in the stock market which was triggered by the china sell-off. It is a sign of things to come for china. China will be a force to be reckoned with someday! I am still confident that our market will still do good this is Just onE of the obstacles an investoR must go Through. :) “you are looking at the tree unmindful of the forest” that is what we must avoid as a value investor. Always think long term! :) i believe that our market is still ok and of course china will still continue to be a dominant force in asia and the world. I will put an added extra to all of you every once in awhile. Ill let you see whats inside the portfolio of my friend spyfrat who i believe is one the best chartists in the country. As he would always say “ignore the news” that is so because he puts his faith in charts. :) to quote spyfrat “im into pcp, ict, ipvg and avoid blues” good luck to all in these trying times in our market. :)

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