PSE back on track

This is what I was talking about (from my last post http://investinggeek.blogspot.com/2012/02/why-philippine-economy-is-strong-and.html). Stock market experts say only 1 thing with regard to our Philippine economy: if not with the crises being felt in the US, Europe, and Middle East these past few months, there is no way for Philippines but up.

And look now as the coast is getting clearer:
http://ph.news.yahoo.com/stock-market-barrels-time-high-171439212.html

"The Philippine Stock Exchange index (PSEi) soared 114.14 points or 2.4 percent to close at 4,880.71 as investors gobbled up shares of PLDT, Ayala Corp., Ayala Land, Aboitiz, and Bank of the Philippine Islands."

Imagine if you patiently waited for boiling waters to settle down, if you have bought a few sure pick (meaning fundamentally & technically stable) stocks in the Philippines, you would have been wearing a shining-shimmering-splendid smile right now.

My advice? Get the timing. Yes, it's getting up right now. You can ride the wave - but you should also be careful. My best bet - it will fall down a bit after a few days or weeks, but it will regain momentum again; which is then the precise time to get in - theoretically, that is, for those who did not get to join the ride before this record news came up.