Sunday, April 22, 2007

roller coaster week

What a roller coaster week! :) looking at technical data i still believe that the rally is still in place. Up to what level it will reach i really couldnt tell but from what i see i think its still ongoing. :) well what can i say about my week. It has been kind of a roller coaster too! Work and all then with a little bit of pleasure playing basketball. And then gave a surprise to a friend who really enjoyed it. :) hehehe so whats the latest in the investing world??? universal robina corporation (urc) will be included in the new psei index on may 16, 2007! yahoo! This might Just bE the news that this “laggaRd” has been waiTing for?!!?! it needs to break around the P20-P20.50 range to break its downtrend. :) it looks like that our economy is really in full swing right now. With the very big and significant investments in real estate we could somehow see that maybe this is for real. All the big players are in like the ayalas, lucio tan, megaworld, henry sy to name a few. :) and theres this property here in iloilo thats up for bidding which was our old airport. I wonder who really wants it but i believe that mr sy is the one who wants it the most for it is very near an sm mall and the is the new thrust of smdc building residential spaces near sm malls. :) gold and other precious metals are now really going up in price and i suggest to you to start buying jewelry for your wife or loved ones before the price of gold reaches $1,000 per ounce! :) and with the increase of the prices of metals this might also spark our mining sector here. Phew! And of course the stock that i recommended keppel philippines marine (kpm) which was suppose to be a valentines gift for readers of chiefstocks has made a meteoric rise the last few days. :) and if you bought it at 0.94 you have already more than a 50% return but as ive said there is still value in this company. Time will be the one that will unlock its true value we just have to be patient. :) things are really looking good for our economy but dont be overconfident for the market fears no one and if you are careless you will surely get burned! With diligence there is still value to be found in the market. Remember the three p's in investing: patience, patience and patience. Good luck to everyone. :) happy birthday charlene! :) god bless

No comments: