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drbubb

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  1. (from the Timeline thread) GOLD versus (Philippines) STOCKS: Current level iof PSEI is about 10% of the Gold price … Calculated like this... PSEI ( 7,947) / Gold ( $1507 x 51.14= Php 77.07k)= 0.103 Oz. Simple Rule of thumb for Recent Range may be: Expect approx.10% of an Gold Oz to buy you the PSEI. Or: One Ounces buys approx. 10x the PSEI GOLD, Monthly prices since 2000 : $1507 x 51.14= P77,070 PSEI / Phil. Stock Index, since 1988: 10yr.: 5yr.: 1yr. / LAST: 7,947 - chart w/o Labels SIMPLE RULE? worked since about 2000... Buy PSEI below 0.080 oz. / Sell PSEI above 0.120 - or something like that YrEnd: PHP/$ : Gold : PHgold: +1yr % : PSEI : +1yr % : PS/oz. 1990 : 28.00 : $392.8 : 10.99k: ===== : 0,651.: ===== : 0.059: 1991 : 26.67 : $353.2 : P9420: - 14.3%: 1,152.: +77.0%: 0.122: 1992 : 25.32 : $332.9 : P8429: - 10.5%: 1,256.: +9.03%: 0.149: 1993 : 27.79 : $391.8 : 10.89k: +29.2%: 3,196.: +155.%: 0.293: 1994 : 24.15 : $383.3 : P9257: - 15.0%: 2,786.: - 12.8%: 0.301: End of Millennium "HIGH" for stocks?? 1995 : 26.21 : $387.0 : 10.14k: +9.54%: 2,594.: - 6.90%: 0.256: 1996 : 26.29 : $369.3 : P9709: - 4.25%: 3,171.: +22.2%: 0.327: 1997 : 37.17 : $290.2 : 10.79k: +11.1%: 1,869.: - 41.1%: 0.173: 1998 : 39.07 : $287.8 : 11.24k: +4.17%: 1,969.: +5.35%: 0.175: 1999 : 40.62 : $290.3 : 11.79k: +4.91%: 2,143.: +8.84%: 0.182: 2000 : 49.90 : $272.7 : 13.61k: +16.6%: 1,495.: - 30.2%: 0.110: 2001 : 51.79 : $276.5 : 14.32k: +5.22%: 1,168.: - 21.9%: 0.082: 2002 : 53.52 : $347.2 : 18.58k: +29.7%: 1,018.: - 12.8%: 0.055: 2003 : 55.45 : $416.3 : 23.08k: +24.2%: N/A - : ===== : =====: 2004 : 56.18 : $435.6 : 24.57k: +6.46%: N/A - : ===== : =====: 2005 : 53.61 : $513.0 : 27.50k: +11.9%: 2,096.: ===== : 0.076: 2006 : 49.47 : $632.0 : 31.27k: +13.7%: 2,983.: +42.3%: 0.095: 2007 : 41.74 : $833.8 : 34.80k: +11.3%: 3,622.: +21.4%: 0.104: 2008 : 48.09 : $869.8 : 41.83k: +20.2%: 1,873.: - 48.3%: 0.045: LOW: only 0.045 Oz will buy the PSEI index 2009 : 46.42 : 1087.5 : 50.48k: +20.7%: 3,053.: +63.0%: 0.060: 2010 : 43.95 : 1405.5 : 61.77k: +22.4%: 4,201.: +37.6%: 0.068: 2011 : 43.65 : 1531.0 : 66.83k: +8.19%: 4,372.: +4.07%: 0.065: 2012 : 41.01 : 1657.5 : 67.97k: +1.71%: 5,813.: +33.0%: 0.086: 2013 : 44.10 : 1204.5 : 53.12k: - 11.9%: 5,890.: +1.32%: 0.111: 2014 : 44.69 : 1206.0 : 53.90k: +1.47%: 7,231.: +22.8%: 0.134: 2015 : 47.23 : 1069.0 : 50.59k: - 6.15%: 6,984.: - 3.42%: 0.138: 2016 : 49.82 : 1145.9 : 57.09k: +12.8%: 6,841.: - 2.05%: 0.120: 2017 : 50.39 : 1291.0 : 65.05k: +13.9%: 8,558.: +25.1%: 0.132: 2018 : 52.77 : 1279.0 : 67.49k: +3.75%: 7,466.: - 12.8%: 0.111: 9/’19 : 52.11 : 1485.3 : 77.40k: +14.7%: 7,779.: +4.19%: 0.101: = 10.1% of an Gold Oz req'd to buy PSEI ===== Sources: PesoCross.XL > www.bsp.gov.ph/statistics/excel/pesocross.xls Gold London pm, Kitco : https://www.kitco.com/scripts/hist_charts/yearly_graphs.plx > See TIMELINE thread
  2. GOLD versus (Philippines) STOCKS: Current level iof PSEI is about 10% of the Gold price … Calculated like this... PSEI ( 7,947) / Gold ( $1507 x 51.14= Php 77.07k)= 0.103 Oz. Simple Rule of thumb for Recent Range may be: Expect approx.10% of an Gold Oz to buy you the PSEI. Or: One Ounces buys approx. 10x the PSEI GOLD, Monthly prices since 2000 : $1507 x 51.14= PHP 77,070 PSEI / Phil. Stock Index, since 1988: 10yr.: 5yr.: 1yr. / LAST: 7,947 - chart w/o Labels SIMPLE RULE? worked since about 2000... Buy PSEI below 0.080 oz. / Sell PSEI above 0.120 - or something like that YrEnd: PHP/$ : Gold : PHgold: +1yr % : PSEI : +1yr % : PS/oz. 1990 : 28.00 : $392.8 : 10.99k: ===== : 0,651.: ===== : 0.059: 1991 : 26.67 : $353.2 : P9420: - 14.3%: 1,152.: +77.0%: 0.122: 1992 : 25.32 : $332.9 : P8429: - 10.5%: 1,256.: +9.03%: 0.149: 1993 : 27.79 : $391.8 : 10.89k: +29.2%: 3,196.: +155.%: 0.293: 1994 : 24.15 : $383.3 : P9257: - 15.0%: 2,786.: - 12.8%: 0.301: 1995 : 26.21 : $387.0 : 10.14k: +9.54%: 2,594.: - 6.90%: 0.256: 1996 : 26.29 : $369.3 : P9709: - 4.25%: 3,171.: +22.2%: 0.327: : End of Millennium "HIGH" for PH stocks?? 1997 : 37.17 : $290.2 : 10.79k: +11.1%: 1,869.: - 41.1%: 0.173: 1998 : 39.07 : $287.8 : 11.24k: +4.17%: 1,969.: +5.35%: 0.175: 1999 : 40.62 : $290.3 : 11.79k: +4.91%: 2,143.: +8.84%: 0.182: 2000 : 49.90 : $272.7 : 13.61k: +16.6%: 1,495.: - 30.2%: 0.110: 2001 : 51.79 : $276.5 : 14.32k: +5.22%: 1,168.: - 21.9%: 0.082: 2002 : 53.52 : $347.2 : 18.58k: +29.7%: 1,018.: - 12.8%: 0.055: 2003 : 55.45 : $416.3 : 23.08k: +24.2%: N/A - : ===== : =====: 2004 : 56.18 : $435.6 : 24.57k: +6.46%: N/A - : ===== : =====: 2005 : 53.61 : $513.0 : 27.50k: +11.9%: 2,096.: ===== : 0.076: 2006 : 49.47 : $632.0 : 31.27k: +13.7%: 2,983.: +42.3%: 0.095: 2007 : 41.74 : $833.8 : 34.80k: +11.3%: 3,622.: +21.4%: 0.104: 2008 : 48.09 : $869.8 : 41.83k: +20.2%: 1,873.: - 48.3%: 0.045: LOW: only 0.045 Oz will buy the PSEI index 2009 : 46.42 : 1087.5 : 50.48k: +20.7%: 3,053.: +63.0%: 0.060: 2010 : 43.95 : 1405.5 : 61.77k: +22.4%: 4,201.: +37.6%: 0.068: 2011 : 43.65 : 1531.0 : 66.83k: +8.19%: 4,372.: +4.07%: 0.065: 2012 : 41.01 : 1657.5 : 67.97k: +1.71%: 5,813.: +33.0%: 0.086: 2013 : 44.10 : 1204.5 : 53.12k: - 11.9%: 5,890.: +1.32%: 0.111: 2014 : 44.69 : 1206.0 : 53.90k: +1.47%: 7,231.: +22.8%: 0.134: 2015 : 47.23 : 1069.0 : 50.59k: - 6.15%: 6,984.: - 3.42%: 0.138: 2016 : 49.82 : 1145.9 : 57.09k: +12.8%: 6,841.: - 2.05%: 0.120: 2017 : 50.39 : 1291.0 : 65.05k: +13.9%: 8,558.: +25.1%: 0.132: 2018 : 52.77 : 1279.0 : 67.49k: +3.75%: 7,466.: - 12.8%: 0.111: 2019 : 50.71 : 1523.1 : 77.28k: +14.5%: 7,815.: +4.67%: 0.101:: 2020 : 48.01 : 1891.1 : 90.79k: +17.5%: 7,140.: +4.67%: 0.078: ==== 5/’20 : 50.60 : 1717.0 : 86.88k: +12.4%: 5,839.: - 25.3%: 0,067: = 6.72% of an Gold Oz req'd to buy PSEI 5/’21 : 47.94 : 1875.9 : 89.93k: - 0.95%: 6,199.: - 13.2%: 0,069: = 6.89% of an Gold Oz req'd to buy PSEI Sources: PesoCross.XL > www.bsp.gov.ph/statistics/excel/pesocross.xls Gold London pm, Kitco : https://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
  3. Look at how all the significant movements in the graph can be traced to events in Philippine history (which is, looking back at it, composed almost entirely of bad news): 1961: President Diosdado Macapagal allows the peso to float on the free currency exchange market, unpegging it from the US dollar to stimulate economic development. Its value sinks from P2 to P3.7 to the dollar. 1970: I can only assume this is due to the First Quarter Storm, where a series of heavy demonstrations and protests and marches take their toll on the country. The value of the peso slips from P4 to P6 to the dollar. 1983: Ninoy Aquino assassinated, and Marcos' shit hits the fan. The country rapidly deteriorates, culminating in the EDSA Revolution. Value of the peso dives from P8 to 20 to the dollar over a few years. 1989: A series of ugly coup attempts threatens the Aquino administration, including a bloodbath in January 1989. Peso descends from P21 to P27 to the dollar over two years. 1997: The Asian Financial Crisis occurs, and I can't understand it no matter how many times I check Wikipedia, but the peso crashes from P26 to P41 to the dollar in a single frickin' year. 2000: Economic mismanagement and political instability during the Estrada administration, plus charges or corruption leading to an impeachment trial. Peso nosedives from P40 to P50 to the dollar. And finally there's 2005 to the present, the only time in history that the Philippine peso has significantly strengthened in value, albeit with a sharp rebound in 2008. I'm at a loss to attribute this to any single event, but history has shown that movements of that scale do not happen without a reason.
  4. REAL PRICES: for PH Property & Stocks: Historical Timeline Looking Back... to 1950... and beyond? Imagine that! One Ounce of Gold was only PHP 70 ! (in the late 1950's) EXPECTATION that the data collected here will show: Gold in Pesos rose fast (as PHP lost value), but (some) LAND prices rose faster. (best rises: Lots near major CBD areas, where high paying jobs are clustered) : Peso dropped from 2.0 to the USD to over 50 PH Peso Gold prices are up >1,100x since the late 1950's ! YrEnd: PHP/$: Gold : PHgold: +5yrs% : Ov’all : 1945 : 2.000 : $34.71 : P69.42: ===== : 1950 : 2.000 : $34.72 : P69.44: +0.02%: 1955 : 2.000 : $35.03 : P70.06: +0.89%: Unch.: 1960 : 3.000 : $35.27 : P105.8: +51.0%: + 50% 1965 : 3.909 : $35.12 : P137.3: +29.8%: +100% 1970 : 6.435 : $37.44 : P240.9: +75.5%: +240% 1975 : 7.499 : $139.3 : P1045 : +338.%: 14.9 X 1980 : 7.594 : $594.9 : P4518 : +332.%: 64.5 X 1985 : 18.90 : $320.8 : P6063 : +34.2%: 86.6 X 1990 : 28.00 : $392.8 : 10.99k : +81.3%: 157 X 1995 : 26.21 : $387.0 : 10.14k : - 7.73%: 145 X 2000 : 49.90 : $272.7 : 13.61k : +34.1%: 194 X 2005 : 53.61 : $513.0 : 27.50k : +102.%: 393 X 2010 : 43.95 : 1405.5 : 61.77k : +125.%: 882 X 2015 : 47.23 : 1069.0 : 50.49k : - 18.3%: 721 X 2020 : 48.01 : 1891.1 : 90.79k : +79.8%: 721 X 2015-'21/ (see below):: PSEI is how many Gold Oz.? YrEnd: PHP/$: GLD : x ratio= Gold : PHgold : PerYr%: Ov’all : 2015 : 46.86: 101.46 x10.457 1061.0 : 49.72k: ===== : 6,952.: ==== : 0.140: 2016 : 49.61: 109.61 x10.500 1150.9 : 57.10k: +14.8%: 6,841.: - 1.60%: 0.150: 2017 : 49.96: 123.65 x10.534 1302.5 : 65.07k: +14.0%: 8,558.: +23.1%: 0.132: 2018 : 52.50: 121.25 x10.574 1282.1 : 67.31k: +3.44%: 7,466.: - 12.8%: 0.111: 2019 : 50.71: 142.90 x10.614 1516.8 : 76.92k: +14.3%: 7,815.: +4.67%: 0.102: 2020 : 48.01: 178.36 x10.641 1898.0 : 91.12k: +18.5%: 7,140.: - 8.62%: 0.078: 2021 : 51.00: 170.96 x10.703 1829.8 : 93.32k: +2.41%: 7,123.: - 0.24%: 0.076: ==== 5/’22 : 52.33: 174.13 x10.718 1866.4 : 97.67k: +4.66%: 6,577.: - 13.2%: 0.067: = 6.73% of an Gold Oz req'd to buy PSEI ===== Sources: PesoCross.XL > www.bsp.gov.ph/statistics/excel/pesocross.xls Gold London pm, Kitco : https://www.kitco.com/scripts/hist_charts/yearly_graphs.plx TS's comment: "the peso fall from 2:1 to USD to weakest 56:1 was around a 98.3% collapse in value, if my math is accurate. So a peso now is the equivalent of 2 centavos of the 1950s. It may actually be much worse than that because one can recall the old folks saying a one-centavo coin could actually buy a number of things then. I don't think a peso can. So maybe my math is wrong or there is a quantitative aspect to this matter."
  5. Huge drill hole needed to get WM.t stock to C$0.50... but not until Friday Date ET Symbol Price Type Headline 2019-10-22 07:55 C:WM 0.375 Resume Trading Wallbridge Mining to resume at open 2019-10-21 17:59 C:WM 0.375 News Release Wallbridge drills 38.39 m of 27 g/t Au at Fenelon 2019-10-21 14:00 C:WM 0.35 Halt Trading Wallbridge Mining halted at 10:54 a.m. PT WALLBRIDGE EXPLORATION DRILLING INTERSECTS 27.00 G/T AU OVER 38.39 METRES IN THE TABASCO ZONE Wallbridge Mining Company Ltd. has released assay results from the continuing 70,000- to 80,000-metre 2019 drill program, which is continuing to follow up the Area 51 and Tabasco discoveries and outline a large gold system, at its 100-per-cent-owned Fenelon gold property. Drill hole FA-19-086, which was visually described in the last Wallbridge press release dated Oct. 9, 2019, assayed 27.00 grams per tonne gold over 38.39 metres in the Tabasco zone at a vertical depth of 500 metres, further demonstrating the significant gold endowment of the gold system at depth. Further assay results from this hole are pending. "This interval released from hole FA-19-086 is a truly spectacular intersection with strong gold mineralization throughout the over 38-metre core length that has been assayed so far," stated Attila Pentek, vice-president, exploration, of Wallbridge. "We are keenly awaiting further assay results of surrounding batches from this hole, which, based on the mineral assemblages described, should carry some additional gold mineralization. Holes FA-19-090 and FA-19-092, 100 to 150 metres away, also returned mineralized intersections of significant width along with some visible gold mineralization in the Tabasco zone. These new intersections, for which assays are not yet available, along with 20.89 g/t Au over 8.54 metres, intersected in FA-19-052 (Tabasco), 17.58 g/t Au over 11.04 metres in FA-19-059 (Cayenne) and 5.50 g/t Au over 10.96 metres in FA-19-065 (Tabasco), make us very excited about the potential of the Fenelon gold system at depth."
  6. ==== Sym.: Company- : Last-: BkVal: PER : EPS : Yield : Div.: sh.OS: MkCap: Debt.= EntVal: Ebitda: EV/ebi: ALI : Ayalaland : 48.50: 13.46: 23.0 : 2.12 : 1.04% 0.52: 14.7B: 719.8B: 217.4= 000.0B: 00.0M: r00.0 : Smph: SM Group : MEG : Megaworld 00.00: 00.00: 00.0 : 0.00 : 0.00% 0.00: 0.00B: 000.0B: 000.0= 000.0B: 00.0M: r00.0 : AGI : Alli.Global : 00.00: 00.00: 00.0 : 0.00 : 0.00% 0.00: 0.00B: 000.0B: 000.0= 000.0B: 00.0M: r00.0 : BEL : BelleCorp : SHNG: Shang Cp.: 00.00: 00.00: 00.0 : 0.00 : 0.00% 0.00: 0.00B: 000.0B: 000.0= 000.0B: 00.0M: r00.0 : LAND : Cityland. : CDC : CityDevl. : ATN. : TBGI : TransPacif: RCI. : Roxas& Co: =====
  7. Using BDO's chart, my added trendlines highlight a likely Right Shoulder in place
  8. Using BDO's chart, my added trendlines highlight a likely Right Shoulder in place https://i.imgur.com/KEAT91m.png
  9. Using BDO's chart, my added trendlines highlight a likely Right Shoulder in place Comments from a viber chat: M (relating to the above chart): "No body going to comment on this?" To me this is a beautiful chart, and a possible setup for a downwards slide -- unless we get a very quick rise T: "If there will be a problem, usually banking sector will reflect the concerns" M: A Property developer or big construction company going bust, would be the sort of news that might get the slide rolling T: What if heavy debt from a big property developer is impacting banking sector? What charts would be supporting that possibility? (example, MEG): M: I will show you the one chart of MEG (heavy debt) vs ALI (stronger credit) MEG /Megaworld vs. ALI /Ayalaland, etc ... 12mo : fr.Oct-2018 : 10d / Last: $5.00 vs. $45.00 - ratio: 10% The year long relative weakness in Metrobank (mtb), was followed by a jump, in MEG into a July high (P6.54), and the a sharp 35% drop to P4.27 in August on heavy trading volume. Ayalaland (ALI) has held up much better basically at P46-49, suggesting that investor are deserting MEG and its parent (agi), but still willing to hold ALI shares. Are there credit-related concerns about MEG? Is MTB one of MEG's banks? (the other two major banks are: BDO, tied in with SMDC, and BPI, tied in with Ayala/ALI.).
  10. PUMP and ... ?? SUPER PUMP: Fed Boosts Amount of Liquidity Offered to Financial System... USA May Join Negative Interest-Rate Club...
  11. Oil & Energy stocks with Cv.Debs Reports: aug'19: SEP. 2019 SGY-etc ... 3yr: 2yr: 12mo: 10d / Last: C$1.03 https://imgur.com/Bs2Kg1U : 12mo: https://imgur.com/nFKzcxp Risk ——: UnderV / Company — : Coupon : Maturity : Db.Price : Y.T.M.: u/l price: conv. : Pct. : Y xPct: Oilies: CJ.db. : 0.00% / Cardinal Egy. : 5.50% : 31-Dec-20 : $ 98.60 : 6.71%: $ 1.22: $02.28: 53.5% : r0.00 GEI.db. : 0.00% / Gibson Egy. : 5.25% : 15-Jun-21 : $107.50 : 0.94%: $ 1.76: $22.23: 00.0% : r0.00 JE.db.D. : 0.00% / Just Energy : 6.75% : 31-Mar-23 : $ 81.55 : 13.6%: $ 2.92: $08.90: 00.0% : r0.00 KEL.db. : 0.00% / Kelt Explora. : 5.00% : 31-May-21 : $ 102.75 : 3.26%: $ 1.64: $05.50: 00.0% : r0.00 SGY.db. : 0.00% / Surge Energy : 5.75% : 31-Dec-22 : $ 93.75 : 7.98%: $ 1.11: $02.75: 40.4% : r0.00 SGY.db.A : 0.00% / Surge Energy : 6.75% : 30-Jun-24 : $ 96.75 : 7.58%: $ 1.11: $02.25: 49.3% : r0.00 =======
  12. WONDERFUL JOB by Mr Rogan Joe Rogan Experience #1368 - Edward Snowden 3,087,596 views / Oct 23, 2019 Edward Snowden is an American whistleblower who copied and leaked highly classified information from the National Security Agency in 2013 when he was a Central Intelligence Agency employee and subcontractor. His new book "Permanent Record" is now available. Tangerine Travels 55 minutes ago Who goes to jail when you break the law? You do. Who goes to jail when you catch the government breaking the law? Still you.
  13. PHILIPPINES STOCK WARNING I posted on a viber chat: "The more I look into the charts, the more Dangerous I think this setup looks!" PSEI - vs. SMPH, ALI, MEG ... from 8/2016 : VIX : 10d / Last: 7,947, smph: 38.80, ali: 49.00, meg: 4.86 (agi: 11.74) Why is this Dangerous? PSEI looks weak, barely holding up, on the bottom of the long term upwards channel. The upmove in Property stocks, to a likely cyclical peak in JULY, gave PSEI a Right Shoulder (RS#1= "Prop.Peak") Many Stocks appear to be running out of momentum. + After the July peak, MEG stock collapsed as fear of a loss in POGO demand hit the market + MEG and PSEI made a low in Sept. MEG fell xx% (P6.xx > 4.xx), and PSEI fell xx% (0,000 > 0,000) + Some of the fears were dismissed, and PSEI rallied back, led by a few "front-liners", like SMPH and ALI. + Many other stocks, and PSEI as a whole remained weak. (I made some money trading a bounce in AGI) + The front line property stocks appear to be losing momentum What is NEXT? Another drop very possibly, and if this one is sharp enough, it will break the uptrend in PSEI BE CAREFUL; Take some profits maybe, use some stops (if you like that technique), & hold off on new Buys. ==== MORE charts & comments at the Link below - scroll down! ===
  14. PHILIPPINES STOCK WARNING I posted on a viber chat: "The more I look into the charts, the more Dangerous I think this setup looks!" PSEI - vs. SMPH, ALI, MEG ... from 8/2016 : VIX : 10d / Last: 7,947, smph: 38.80, ali: 49.00, meg: 4.86 (agi: 11.74) Why is this Dangerous? PSEI looks weak, barely holding up, on the bottom of the long term upwards channel. The upmove in Property stocks, to a likely cyclical peak in JULY, gave PSEI a Right Shoulder (RS#1= "Prop.Peak") Many Stocks appear to be running out of momentum. + After the July peak, MEG stock collapsed as fear of a loss in POGO demand hit the market + MEG and PSEI made a low in Sept. MEG fell xx% (P6.xx > 4.xx), and PSEI fell xx% (0,000 > 0,000) + Some of the fears were dismissed, and PSEI rallied back, led by a few "front-liners", like SMPH and ALI. + Many other stocks, and PSEI as a whole remained weak. (I made some money trading a bounce in AGI) + The front line property stocks appear to be losing momentum What is NEXT? Another drop very possibly, and if this one is sharp enough, it will break the uptrend in PSEI BE CAREFUL; Take some profits maybe, use some stops (if you like that technique), & hold off on new Buys. ==== MORE charts & comments at the Link below - scroll down! ===
  15. PHILIPPINES STOCK WARNING I posted on a viber chat: "The more I look into the charts, the more Dangerous I think this setup looks!" PSEI - vs. SMPH, ALI, MEG ... from 8/2016 : VIX : 10d : p2/ Last: 7,947, smph: 38.80, ali: 49.00, meg: 4.86 (agi: 11.74) Why is this Dangerous? PSEI looks weak, barely holding up, on the bottom of the long term upwards channel. The upmove in Property stocks, to a likely cyclical peak in JULY, gave PSEI a Right Shoulder (RS#1= "Prop.Peak") Many Stocks appear to be running out of momentum. + After the July peak, MEG stock collapsed as fear of a loss in POGO demand hit the market + MEG and PSEI made a low in Sept. MEG fell xx% (P6.xx > 4.xx), and PSEI fell xx% (0,000 > 0,000) + Some of the fears were dismissed, and PSEI rallied back, led by a few "front-liners", like SMPH and ALI. + Many other stocks, and PSEI as a whole remained weak. (I made some money trading a bounce in AGI) + The front line property stocks appear to be losing momentum What is NEXT? Another drop very possibly, and if this one is sharp enough, it will break the uptrend in PSEI BE CAREFUL; Take some profits maybe, use some stops (if you like that technique), & hold off on new Buys. ==== MORE charts & comments at the Link below - scroll down! === Portfolio: GLO: 1,754 / PSEI (6,864)= 25.6%, MBT: 67.75, 0.99% MBT: / PSEI (6,864)= MBT: 67.75, 0.99% ===
  16. REVISITED - we may be now seeing Right Shoulder, phase #2: 76d.MA to crossover 200d.MA soon? PSEI & Prop.Stocks ... from 8/2016 : 10d / Last: I posted on a viber chat: "The more I look into the charts, the more Dangerous I think this setup looks!" Why is this Dangerous? PSEI looks weak, barely holding up, on the bottom of the long term upwards channel. The upmove in Property stocks, to a likely cyclical peak in JULY, gave PSEI a Right Shoulder (RS#1= "Prop.Peak") Many Stocks are appear to be running out of momentum. + After the July peak, MEG stock collapsed as fear of a loss in POGO demand hit the market + MEG and PSEI made a low in Sept. MEG fell xx% (P6.xx > 4.xx), and PSEI fell xx% (0,000 > 0,000) + Some of the fears were dismissed, and PSEI rallied back, led by a few "front-liners", like SMPH and ALI. + Many other stocks, and PSEI as a whole remained weak. (I made some money trading a bounce in AGI) + The front line property stocks appear to be losing momentum What is NEXT? Another drop very possibly, and if this one is sharp enough, it will break the uptrend in PSEI BE CAREFUL; Take some profits maybe, use some stops (if you like that technique), & hold off on new Buys.
  17. Those kind of bold moves can work, and I do hope this will work for you. I am not close enough to the story to have an opinion, but I know you have had a huge win with this stock AAZ ; chart; 140.5 + 18.00, +15% Could be the end of the drop or the beginning of a more sideways move
  18. UPSIDE test or breakout ! 0.47 Change: +0.035 Open: 0.435 High: 0.475 Low: 0.425 Volume: 3,082,812 WM.t ... chart gaps suck energy often, but 3M shares shows there is fuel left
  19. The $8 Bounce was mostly given back... maybe it will try again for a strong rally from below $18 MUR ... 3-yr / Last: $19.51 +0.45, + 2.36% - Is this set-up like Feb.'2018? https://imgur.com/cPYDi https://imgur.com/cPYDiA4
  20. I am still on the sidelines, awaiting a move outside the extremes of the range before I buy or sell more
  21. Dont you want to see an A-B-C, before adding much? Else you may be seeing laser beam drop, that CUTS like a falling knife. SUGGESTION: Wait for the knife to bounce, and lose speed and momentum before you try to catch it
  22. Sold over half into the higher rally. Will consider a reload near here. I still like the projects & management Need to catch up on the news before I add back I did reload on NGD below $1.00
  23. haha. I make similar mistakes over and over, But I try and grab opportunities in pieces, when they come - sometimes just small pieces, to gain cash & flexibility C$4.50 or lower, looks very likely now. I like the way that GCM management is being careful with the balance sheet, and seems to be turning this company into a cash machine
  24. CHARTS of Top international brokerage companies (operating in PH) #1 : IBKR / Interactive Brokers … all-data : 5yr : 1yr / Last: $45.92 x 421M sh. = $19.16 Bn MktCap Interactive Brokers Review 2019. ... Interactive Brokers is considered safe because it has a long track record, is Listed on a stock exchange, discloses its financials, and is regulated by top-tier regulators. Interactive Brokers attracts active traders with per-share pricing, an advanced trading platform, a large selection of tradable securities — including foreign stocks — and ridiculously low margin rates. And now casual traders will enjoy its $0 trades. IB is considered the best for: Advanced and Casual traders, Day traders, Penny stock traders.; Research and data. Options trading, Margin accounts, > source #2 : Saxo Bank: Private, based in Copenhagen #3 : Swissquote Bank, Listed on the Swiss stock exch. Other arm, Swissquote Ltd is UK based; offers CFDs and FX. xx #4 : XTB. Listed on the Warsaw stock exch... XTB / X-Trade Brokers (WAR) All : 5yr : 1yr / Last: 610P x ???M sh. = GBP 2.25 Bn X $1.29= xx #5 : IG Index, Listed on the London stock exch... IGG.L / IG Group … all-data : 5yr : 1yr / Last: 610P x ???M sh. = GBP 2.25 Bn X $1.29= $2.9 Bn MktCap ## : CMC Markets?? ## : Etrade ??
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