Firstly, I managed to get 2,000 shares of MPI.
Where's PSE is heading? My guess is not in a 'deep blue sea' but rather I believe it is just a correction and needed break (don't just believe me).
We cannot discount also that the downtrend is partly due to Euro crisis, i.e. Ireland banking sector problem, Spain and Portugal deficit issue plus the Korean incident. These things are just indication that we are in the early stage of recovery which is good since it means a good time to buy stocks that will 'fly' 3 to 5 years from now. It is one of the reasons why I am buying MetroPac - MPI.
I got burned by Nickle Asia. Never again I that I will let myself fall victim to BPITrade's Jurassic online trading system! I did not subscribed to IP Converge Data Center's IPO. If I did - I will just get 800(ish) shares anyway. So, I will try to stay away from IPO and focus on my MPI accumulation.
As of 26 Nov 2010
Foreign Buying - 2,071,279,400.63
Foreign Selling - 1,988,925,253.50
Looks like the foreigners are bottom fishing :-)
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