Tuesday, April 26, 2011

UpdateD: The Unexpected Market 4-26-2011 (5-1-2011)

UpdateD:


Our PSE Market is astonishingly sooo strong that it made a non-stop rally for 1.5 months time. All the 5 months correction period was recovered up in a very short span time. CLAP CLAP CLAP!!

I must say its Unexpected, but really scary of what may happen next. I still believe 4,400 level is a hard to knock resistance which may take months or quarters. So I have been unloading for the past 2 weeks.

Its my first time to share my holdings , and my recent PRE and POST Holy Week trading executions.

Mostly I've been doing the SELLING:

Average Entry Price Average Selling Price
EDC 4.6 6.80
FGEN 10 14.50
FLI 1.2 1.34
PIP 2.12 2.48
AC 330 380
MPI
3.19
3.65
And some BUYING:
EEI at 3.70
CMP at 1.60

Current Holdings as of 5-1-2011:
PESO:
FGEN, EDC, MPI, FLI, MEG, EEI, GSMI, SPH, COAT, CMT, RCB, BDO, BPI, T, GMA7, GMAP, PIP and MBT (20% cash).

DOLLAR:
70% - Asia Pacific ex. Japan Funds
30% - Cash

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