I have been quiet for a while now when it comes to the state of Philippine Stocks.
I just chanced upon it right now and just out of curiosity, I checked the technical data of our Composite Index - this is for today, Feb. 9, 2012.
Here it is:
I didn't know that Philippine stocks has been very bullish for a time now. It broke the past records set last year. It's only gonna get better. If I had the money now, I would wisely choose promising stocks. I can't say which ones, but you can try checking some (like PGOLD / PureGold, and maybe SMPH / SM Prime Holdings) and see for yourself. I am not endorsing these stocks. I just looked briefly on their charts and had an initial check on some stocks that I feel were good the last time I checked. If you are not a member of an Online Stock Brokers, like CitisecOnline (which I am a member of) - you can check with our Philippine Stocks Exchange (PSE) website for the stock quotes and charts [see www.pse.com.ph]. I'm just saying you need to know Fundamental and Technical Analysis, and you need to have discipline, before venturing into Stocks. NO EMOTIONS allowed.
All I can say is....
WOW.
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