It is a good day today - at least to all bargain hunters. Luckily for me I was not 100% invested in the market. I was able to put some of my money in Nickle Asia IPO which according to rumor is now worth 18 pesos per share in over-the-counter (what is over-the-counter btw? - will be checking the meaning of this today). Fearless forecast of TP guru is 22 pesos on the opening :-).
According to news the downtrend is due to China raising its interest rate and market turmoil in Europe. Maybe its time to lighten up my portfolio more and wait for market correction.
MPI and EDC are red but VLL is green today. VLL opened at 3.25 and closed at 3.26. Just a mere 0.01 cent...
As of 17 Nov 2010
Foreign Buying - 2,812,626,562.40
Foreign Selling -3,080,346,669.60
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