Friday, May 15, 2009

April 27 - May 15: Portfolio +17.15%
I made a couple mistake last Monday. One was disastrous which cost me considerable profits. What happened was that I originally plan to sell all my MEG shares so that I posted at P1 but during trading hours I changed my mind. The price after hitting P1.02 went back to its opening price of .95! What a dumbo.
By any means the last two weeks have been quite productive but the rally seems to be stalling right now and the PSE may just consolidate next week. Anyway Phisix 2300 is now pierced with the resurgence of the blue chips. Hopefully this rally will still continue and have the legs to go all the way to 2500. Cross your fingers. I'm still 98 percent all inn but looking to reduce my exposure in the coming weeks.

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