Sunday, December 5, 2010

Hmmmmp.... Where are the Buyers?

I don't like the volume today. It's 'thin' even for those stocks that was up today. It is expected as this is December and people are spending their money to buy christmas presents and also due to profit taking. I did not buy AGI today because I feel it will still slide down to 12-peso level. My EDC, VLL and MPI is green. But I think they will be moving sideways for this month.  

I am planning to still fatten up my MPI portfolio. Maybe I will buy at the 3rd week of this month. When people are not 'thinking of stock market' and I am the only one concerned.

Technical Analysis:

Business World:
Vista Land 1 billion common shares to be converted to preferred shares at a par value of 0.01.
Philex Mining hiking 2011 spending to develop new min.
Phina preparing for expansion project next year.


As of 06 Dec 2010
Foreign Buying - 3,946,425,222.95
Foreign Selling - 3,835,413,177.45




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