Trading the Philippine Stock Market

[innosoftcebu]

As I've said when the DOW hit below 10K the rest of the world runs for cover. The hammer didnt work also bro ep.

I hope you don't cut stocks which has the potential to rise in the coming week. For me this is the best time to buy those shares with the most potential to move up next week and has retrace back to some support area and is already at or near oversold areas. This is what swing trading is all about.

Bought some FLI, MEG, AGI, and PNB with tight stop loss lang usa..

[medwarc]

na apektuhan ba ang market bro sa nahitabo nga hostage?

[entrepreneur101]

As I've said when the DOW hit below 10K the rest of the world runs for cover. The hammer didnt work also bro ep.

lagi sir grabe gyud basta c DOW, mosikma tanan takdan =)

was looking sa chart gabie FLI was forming a morning star
mau ready au ko na mo enter
sus pula man c DOW. wala gyud kapalit karn.

[neshem]

hehe abot jud sa sweldo..shopping ni nxt week, add more meg.

mi epek jud gabii ila gtawag og Hindenburg Omen. ahak man ni media oi, ganhan ta usahay kay mohatag og info, usahay pod kay maoy magdala og...ambot lang.

anyway happy weekend sa tanang bizdak traders!

[epgarias]

As I've said when the DOW hit below 10K the rest of the world runs for cover. The hammer didnt work also bro ep.

The hammer is low reliability sign of a bullish reversal. It needs a confirmation on the next day. Actually this did not failed pa sa karon coz last nights candlestick pattern was an inside day. Indication ni siya that the market is somewhat taking a breather or is in the early stages of a counter trend move. The volume transacted was also getting smaller compared to the previous days. This may as well indicate indecisiveness sa mga buyers and sellers. The good thing is the DOW is also near a major support. Hope this holds. Lets wait and see what will happen next week.

But what ever is the case I remain bullish with our local market.

[epgarias]

na apektuhan ba ang market bro sa nahitabo nga hostage?

I don't think naapektuhan jud siya. Its simply time lang jud sa market to correct. Nagtake profit lang jud mga tao kay today is Friday before a long vacation.

[dalmacio]

ngek naka shopping ra ba unta ko gahapon ug MEG, SCC, FLI, DMC. ni retrace man gud ni sila near support unya ni rally gamay. up pa gyud 7.9% ang GDP nato. ti urok na man hino on karon. utong na lng ta ani. hopefully maka recover nxt week. pero kung dili ka rally back ang dow sa iyang major support nga 10t unya gabii, murag dilikado gyud.

[dalmacio]

bro ep, unsa analysis nimo ani nga stocks MEG, SCC, FLI, DMC. naka sulod man gud ko ani gahapon. sakto ba kaha akong pag mata ani? hehe

[epgarias]

lagi sir grabe gyud basta c DOW, mosikma tanan takdan =)

was looking sa chart gabie FLI was forming a morning star
mau ready au ko na mo enter
sus pula man c DOW. wala gyud kapalit karn.

Sa ako lang opinion bro much better mupalit if down ang market kay daghan barato. Inig up ang market kay manlupad nani sila and maglisod naka palit sa mas barato na price. This is not a guarantee but as long as naa ka giset na cut loss target before you buy a stock and you buy those stocks only which are located on a possible support and which are near oversold kay dako imo probability to gain once mo ok na ang market.

Look at what happen yesterday, kalit nisaka ang market and maglisod ta palit sa mas barato na price. Wala jud ko nakapalit kahapon. Luckily premature and pagsaka niya which gives me the opportunity to buy today.

[epgarias]

ngek naka shopping ra ba unta ko gahapon ug MEG, SCC, FLI, DMC. ni retrace man gud ni sila near support unya ni rally gamay. up pa gyud 7.9% ang GDP nato. ti urok na man hino on karon. utong na lng ta ani. hopefully maka recover nxt week. pero kung dili ka rally back ang dow sa iyang major support nga 10t unya gabii, murag dilikado gyud.

Sige lang bro.. Dili ta magworry ayo sa DOW coz ang local market nato has already decoupled sa US market.. Probability is if mubagsak si DOW atoa market ngari kay magsideways ra ni siya.. Then lately foreign investors are shifting to those emerging countries like ours.