All About Kwarta

Here's my trades for the week. (1) Unloaded all positions in FLI (finally) at 1.40. It ended the week at 1.38. I don't see any movement in the short term. (2) Received a cash dividend of Php97.20 from VLL . Seriously, I didn't expected  it. I did remember selling on its ex-date though. It was just small but I'm equally happy. (3) Loaded up again on MEGW1 at 1.52 it went up to 1.62 and ended the week at 1.55. I still love this stock. I mentioned last week that I bought IP out of gut feeling. Well yeah, but not entirely true. I started noticing this stock when it spiked on Oct 14th and 15th. Then I started reading about the company . I believe this is a good company and a lot of potential. And then the news of getting one of its subsidiary, IP Converge , listed in the local bourse came out. This made up 42% of my portfolio and has since gained 7% (it went as high as 13% gain before falling back down). I completely ignored the urge of riding the highs and lows

Here are my issues and my attempt at reading the charts: FLI - Broke out its symmetrical triangle but heavy resistance (still) starting at 1.40. It would take gods (with deep pocket) to get this issue going. GMA7 - It broke out upwards its descending triangle . If I extend the charts since January of this year, I see an inverse head-and-shoulders pattern. That's suppose to be a bullish reversal pattern. But if I extend the chart farther to January of 2008, there was also a reverse H&S (the 2008-2009 recession), but a bullish uptrend failed to materialize. IP - My newest and largest acquisition. I don't see any pattern. Why bought this issue? Gut feeling, my friend. RFM - Also a new issue. This has been on the uptrend since January this year. I see an ascending triangle and an inverse head and shoulders which hopefully signal a continuing trend. My money tree Week-on-week, I gained a measly 1.39% against the market's index at 1.67%. Months tra

The market is stalling - or at least from my perspective. The PSE index lost 0.4% week-on-week. This may be due to investors locking in gains to subscribe or in prep to the apparently most anticipated IPO of the year, that is Cebu Pac. I sold all my positions in MEG when a much-needed bounce finally happened this past week. Sold MAB at a loss basically for lack of movement. In effect, I'm 60% liquid currently. Waiting for another panic. I'm holding on to FLI which, I realized, have been in my portfolio for almost a month now. It closed flat again with a massive resistance at 1.40 onwards. GMA7 is also a non-mover. The third quarter earnings might change everything. Not sure though if it's for the better or otherwise. My portfolio Months since First Trade Total Gain PSEi Gain (Same period) YTD Gain 2 16.23%* 21.17% 16.23% *Diluted with 66% additional fund.

The stock market index ended the week at 4236.98, just a 0.2% decline from an all-time high of 4245.05 on Thursday. This is despite the fact that the market is in the overbought level for a month now. There are major corrections among various stocks these past few weeks but the overall sentiment is in tack. Still, a major correction in the index itself will be a welcome breather to a growing market. PSE's steep climb $$$ President Aquino boasted of bringing home investments and dollar funds from his recent trip abroad. This and the positive economic activities were the main topic of his 100th-day-in-office speech. Some economists however had a little something to say. The "investments" he brought home and the Millennium Challenge Fund were already in the talks several years back. The stock market and other foreign investments were also a way of foreign investors to divert their attention from the still looming economy of the west. So to own something that's

It's been one hell of a ride this week. And this involves a lot of downhill slides. I was a bit apprehensive most of the time as I watched helplessly my issues taking nosedive plunge. And I know for sure (at least in theory), this is just the tip of an iceberg as they say. The PSE has been taking a break from its almost relentless climb. Properties and Mining took the most beating. The bad thing perhaps is that I'm out of cash when all of the indicators were shouting a buy. I dropped VLL on Monday at a very marginal gain and loaded on Manila Mining (MAB) instead. This is based on speculation  that mining will once again take off another winning high. As of record time,  it was really not happening. I hold on to FLI and MEGW1 because I still believe they have still more room for growth and because selling at a huge loss is not much of a great idea really. Days since First Trade Portfolio Value Gain PSEi Gain (Same period) ATR MF Gain (Same Period) 46