It seems not a good time to bet on the market right now. Typhoons are now battering the country. NEDA said that it will drag down economic activities of around 1%. Not a good sign.
Ondoy really did ruin some part of the country, especially NCR. Indonesia was racked by intensity 8 earthquake and Samoan islands was hit by tsunami.
These events would impact the economic activities not only here but abroad. U.S. indeces are now showing signs of weakness. As of 02 Oct 2009 - all of them are red.
In PSE, I think there will be short reaction that we will see in the market as investor will do a "wait and see" attitude again. So, if I would be in the market and have a good value stocks, I will wait for another bull run which I can see to start again around early November this year. If I have "third line" stocks, I will sell them righ away!
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