Wednesday, January 19, 2011

Lots of red

Market is down. I am not really sure how deep will be the correction. Today is the second day of descent. Hopefully, tomorrow the bleeding will stop.

I tried to buy MPI today at 3.71 but my post was not hit. So far, MPI is holding to its support. Same story with AGI. It was down today. 

BEL is another story. I really like this stock. It's like AGI when it was trending up from 4 to 10-ish pesos. Maybe 7.50 pesos will be a good TP for this stock.

 

2 comments:

Unknown said...

Are you still using BPITrade?

BAKAL said...

Yes. Main reason is that, my salary account is BPI and it is easier for me to transfer funds.