Friday, October 22, 2010

Bomb Threat at the PSE

I was intensely guarding my current stock, SLI(Sta. Lucia Land Inc.). Went up for breakfast at aroung 10:20am, since nothing major is happening with the price. After several minutes of eating, I went back to my monitor and found out that there was trading halt at the PSE for security reasons, with a status of FORBIDDEN in Citiseconline.

And so it was a bomb threat at the Philippine Stock Exchange in Ayala. Despite this and the ruined momentum for some stocks, the PSEI was up 57+ points. In pure fiction, my mind tells me that somebody wants to cause a ruckus because he didn't get a chance to join in the ORE-wagon HAHAHA. I got out of ORE last week, with little profit, I'm getting impatient with the stock and I wanted to consolidate my BPITRADE funds with my new Citiseconline account. You can say regret? A little. No use in crying over spilled milk though.

I am no TA expert as I thought SLI was cheap enough at 2.00-2.02 levels, but I bought early thinking it won't go below 2.00 this week. Well anyways, SLI should get up after all its beating, I've been bathing in blood for two weeks already cutting my losses with PX and LCB. Yes I've been whipsawed in this so-called bull market with those two mining stocks.

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