Trading the Philippine Stock Market

[MoD]

pabangka mo boss ha inig EB sa october 2.......

[vondave]

ALI, MEG, RFM. 3 ra.
Got good gains already for MEG and ALI.

sayang lagi, wala ko ka-palit sa energy companies.
gamay pa man gud capital.

There's a lot of people here in my office who are clueless about stocks bai so consider yourself blessed that you are on your way to learning already. Those aren't stocks I am interested in but whatever your system is, the important thing lang is you keep refining it and be comfortable with it. At least gani bai, you're coming into the market at a bullish period. Ako, when I joined, bagsak dayon from the financial crisis and I lost a lot of money right away. On MEG pa jud.

I had bought it at 3.3 before. After a month of consolidating and making some small gains, the crisis came and MEG fell steadily until it reached .48 I think. It was horrible. Sakit kaayo nga tuition fee.

But I smarted up and didn't give up. I read and studied a lot since then. I still am. Keep going lang jud bai. The money and capital will come.

[vondave]

sakto gyud ni imo sir,dli ko experienced trader ha pero mao gyud na ako na observe,
sa una kay mupalit or mabligya ko sa tunga2 sa trading,
karn ako gyud g pugngan ako emotions, wait and see gyud patience lng =)

Ingon pa lagi nila bai it is the amateur traders that work the floor on pre-open and opening minutes. The more savvy investors watch the trend and make their moves late in the day.

Same goes for the week. The amateurs play strong at the starting days of the week. The veterans make their moves on Friday.

Seems to be true based on my observations pud. Hehe.

[innosoftcebu]

not necessarily true, some times manipulative traders baits the market by buying early to start a bullish mood then sell at the end to capture a profit, that is why day trading is speculative in nature. follow the trend dyud and stick with it no matter what unless there is a significant sentiment that will reverse it. right now everyone is a guru, because in this market no one is wrong and everyone is right. ride it logically, dont get carried away by greed. remember the dow is green for three days, today is holiday in the US, it takes normally a week of movement before there is significant profit taking, once it happen there will be some reds in the PSE as of the moment go for it.

Ingon pa lagi nila bai it is the amateur traders that work the floor on pre-open and opening minutes. The more savvy investors watch the trend and make their moves late in the day.

Same goes for the week. The amateurs play strong at the starting days of the week. The veterans make their moves on Friday.

Seems to be true based on my observations pud. Hehe.

[entrepreneur101]

hahays

na sold gyud ako FLI/MEG/ALI/ wala ka balik saka.
nakuhaan ang ginansya oki ra basta dli ang puhunan =)

still holding my AGI/DMC =)

[vondave]

hahays

na sold gyud ako FLI/MEG/ALI/ wala ka balik saka.
nakuhaan ang ginansya oki ra basta dli ang puhunan =)

still holding my AGI/DMC =)

If I had those stocks bai, I would have exited na pud today. FLI is already fully valued. And MEG is 'hold' rating sa ATR. Don't know about ALI though but seems to have strong upward trend.

But, you get what you can sa market. Congrats ghapon. Sakto ka, at least wa matandog ang capital.

[vondave]

not necessarily true, some times manipulative traders baits the market by buying early to start a bullish mood then sell at the end to capture a profit, that is why day trading is speculative in nature. follow the trend dyud and stick with it no matter what unless there is a significant sentiment that will reverse it. right now everyone is a guru, because in this market no one is wrong and everyone is right. ride it logically, dont get carried away by greed. remember the dow is green for three days, today is holiday in the US, it takes normally a week of movement before there is significant profit taking, once it happen there will be some reds in the PSE as of the moment go for it.

Yup bai. That's a common play pud, pump and dump, that's what they call it. And you're right, in a bullish market, you can't be wrong coz everyone's in the green. Some are greener lang than others, hehe. And some are green with envy, hehe.

[hotviper]

naa sad ko meg mga bro, correction raman daw ni. no need to worry pero kulba gihapon ehehhe

[redhorse1L]

There's a lot of people here in my office who are clueless about stocks bai so consider yourself blessed that you are on your way to learning already. Those aren't stocks I am interested in but whatever your system is, the important thing lang is you keep refining it and be comfortable with it. At least gani bai, you're coming into the market at a bullish period. Ako, when I joined, bagsak dayon from the financial crisis and I lost a lot of money right away. On MEG pa jud.

I had bought it at 3.3 before. After a month of consolidating and making some small gains, the crisis came and MEG fell steadily until it reached .48 I think. It was horrible. Sakit kaayo nga tuition fee.

But I smarted up and didn't give up. I read and studied a lot since then. I still am. Keep going lang jud bai. The money and capital will come.

Murag na-phobia na jud diay ka sa MEG. hehehe
Anyway, thanks bro.
I still need lots of things to study.

Yeah you're right, medyo swerte ko kay nisulod ko nga bullish ang market.
I hope ma-sustain neh, para wala ko tuition fee. hehehe

[vondave]

Murag na-phobia na jud diay ka sa MEG. hehehe
Anyway, thanks bro.
I still need lots of things to study.

Yeah you're right, medyo swerte ko kay nisulod ko nga bullish ang market.
I hope ma-sustain neh, para wala ko tuition fee. hehehe

Not really phobia. I still have warrants on MEG that I can exercise in 2011. They are priced at P1 so sure-money na for me. I dropped my shares though and invested in other property stocks that were better valued. But I traded MEG as recently as a few months ago and made money. Bought it at around .9 and sold at around 1.4 I think. However, MEG is currently on 'hold' rating with ATR so I dropped it na.

See Sept 3 snippet of ATR Kim Eng report below, the real reason why I'm staying away from MEG for the moment. Don't get me wrong, I love MEG. I like Eastwood City a lot and would like to buy a condo there one day, hehe.:

> | § In a disclosure to the Exchange, Megaworld Corp (MEG) |
> | denied the claims by Fil-Estate Land Inc or FELI (LND PM) that|
> | talks have resumed between the two companies involving two |
> | large-scale development projects on FELI’s properties. Taking|
> | on these big projects at this time could put some undue |
> | pressure on the MEG’s finances. In the meantime, MEG’s share |
> | price has appreciated 27% ytd and is now vulnerable to profit |
> | taking especially in light of its lackluster residential |
> | revenue growth. HOLD rating maintained.


Action & Recommendation
We would be more bullish on MEG if it can focus on prepping up its residential
sales booking to provide an additional lift to earnings and overcome the impact
of the significant share dilution. In the meantime, MEG’s share price has
appreciated 27% ytd and is now vulnerable to profit taking especially in light of
its lackluster residential revenue growth. HOLD rating maintained.