Philippine Stock Market February 2 naturally there will be buying on the way to resistance

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DMN October 11

PSEi 4,218.79 |down -18.19 | -0.43% Value (K) 4,836,716,268.00 Dow Jones 11,006.48 +57.90 (0.53%) S&P 500 1,165.15 +7.09 (0.61%) Nasdaq 2,401.91 +18.24 (0.77%) An amusing thing happened last Friday. Worse than expected job loss data spelled bad news for the American economy, as any recovery is on pretty weak legs. But markets chose to see […]

Longneck’s UCC’s (Useful Chit-Chats) Dec 3 ’09

Today’s boring market action was even doused with more cold water by a sliding PX, and an overworked PSEi computer system which halted the market by over 30minutes. PX’s P1.75 slide translated to 15 lost PSEi points, coupled with corrections in MBT/ALI/AC which compounded for another 10pts, and voila!!!! We have a 29pt down day, […]

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