October 28, 2010

Trading Plan for Oct. 29, 2010

I have sold ALL my AEV and DMC and 95% of my AGI - making my DAMA no more.

I have bought more LPZ and some ALI. Maintained my MPI thus creating another girl name - ALMA (it is not intentional).


I predict that tomorrow will be a bloody Friday because of the performance of the PSE today and the possible profit taking from the previous winners - CEB, DMC and maybe JGS. I prepared for this. I am now more than 75% cash. 

My plan is to watch by the sidelines but ready to pounce on opportunities. Should PSE be down tomorrow and my favorite stocks will be put "on sale", I will not hesitate to pour my shopping money. I might be able to win back my beloved DAMA. Two girls at a time is a wonderful treat.

I will be closely watching ICT, too.

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