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| Lady Santa |
My portfolio is now 100% cash, having locked-in all my profits/tsupits today. Is it wrong timing to sell all since the market is going up? Hehehe, in our crazy market, sometimes, crazy maneuvers makes and preserves the profit. And sometimes, seemingly sane decisions are not good decisions at all. A good example is LC. It was a sound advice (which I heeded) to sell this holding because of the stock option which normally drives the price low as it nears the effectivity date. Came Tuesday (Monday was a holiday), the stock started moving and kept on going up even today and who knows maybe even tomorrow and beyond! I could have made more on LC if I decided crazily on holding on to it. Hay naku, crazy talaga!
Our friend, Bubbles, is in HK today. We feel that she is one of the reasons for the green market today. We are raising funds for her subsistence anywhere in the world but the Philippines to keep our PSE and our individual portfolios forever green. Joke lang, Madame Judith. Ah, by the way, BEL is one of the big winners today.
What will I do with the 100% cash? Bullets are for shooting! Cash is for buying! So tomorrow, I will snipe a stock here and a stock there. I plan to be out and liquid again on closing.
StockWatch: AGI, AP, DMC, LND, ICT, MER, MPI and LND.
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