Updated Trades: 2008

1/3 in TBGI at 2.60, sold at 3.3
1/6 in ALI at 10.25 sold at 10.50
1/6 in ASIA at 9.20 sold at 8.60
1/6 in APO at 2.32 sold at 2.04 with 0.045 cash div.
1/10 in OV at 0.030 sold at 0.031
1/6 in OV at 0.032 sold at 0.032

Current Positions:
1/6 in TBGI at 3.70
1/10 in TBGI at 3.3

Win-Loss Card:
4-3

Right-Wrong Card:
3-4

Portfolio Status:
+9.98%, almost 1/4 exposure, 1/3 liquidity

Updated Trades: 2008

1/3 in TBGI at 2.60, sold at 3.3
1/6 in ALI at 10.25 sold at 10.50
1/6 in ASIA at 9.20 sold at 8.60
1/6 in APO at 2.32 sold at 2.04 with 0.045 cash div.
1/10 in OV at 0.030 sold at 0.031

Current Positions:
1/6 in TBGI at 3.70
1/6 in OV at 0.032
1/10 in TBGI at 3.3

Win-Loss Card:
4-2

Right-Wrong Card:
3-3

Portfolio Status:
+10.01%, almost 2/3 exposure, 1/3 liquidity

Updated Trades: 2008

1/3 in AT at 13.00, sold at 14.50
1/3 in TBGI at 2.60, sold at 3.3
1/6 in ALI at 10.25 sold at 10.50
1/6 in ASIA at 9.20 sold at 8.60
1/6 in APO at 2.32 sold at 2.04 with 0.045 cash div.

Current Positions:
1/6 in TBGI at 3.70
1/6 in OV at 0.032
1/10 in OV at 0.030
1/10 in TBGI at 3.3

Win-Loss Card:
3-2

Right-Wrong Card:
3-2

Portfolio Status:
+10%, almost 2/3 exposure, 1/3 liquidity

Updated Trades: 2008

Nothing to be proud of. I failed to follow my plans!

1/3 in AT at 13.00, sold at 14.50
1/3 in TBGI at 2.60, sold at 3.3
1/6 in ALI at 10.25 sold at 10.50
1/6 in ASIA at 9.20 sold at 8.60

Current Positions:
1/6 in APO at 2.32
1/6 in TBGI at 3.70
1/6 in OV at 0.032
1/10 in OV at 0.030

Win-Loss Card:
3-1

Portfolio Status:
+11.67%, almost 2/3 exposure, 1/3 liquidity

Blood in the Markets: ANEW!

It's a cold had truth to face that the PSE has shown extreme weakness. Recent continuous drop has caused the PSEi to drop to new lows. Weakness is indicative on the break of the long term trend line plus the RSI creating new lows. Even worse, the MACD continue to fail to break past 0 level.

On the lighter side of the story, the index I believe should start to rally very soon. Gaps have been found and it is but natural for price to close its gap.



Advice: sell on strength, lighten positions and concentrate on commodity stocks.

Updated Trades: 2008

1/3 in AT at 13.00, sold at 14.50
1/3 in TBGI at 2.60, sold at 3.3
1/6 in ALI at 10.25 sold at 10.50

Current Positions:
1/6 in APO at 2.32
1/6 in TBGI at 3.70
1/6 in ASIA at 9.20
1/6 in OV at 0.032

Win-Loss Card:
3-0

Portfolio Status:
+11.77%, 2/3 exposure, 1/3 liquidity

Good Read: About Financial Markets

Some of the visitors here may find stocks sophisticated and complex to understand. I've written a series of article to prove the otherwise. Hope you guys can read through the 6-part series "Financial Market: It is as Simple as A-B-C" in ZigTraders.com