It was a very good first trading day of 2011 for good, old Black Spider. My 5.11% last week has grown to 6.62% or a growth of 1.51% for the day. Not bad at all.
I had to let go of LoLo (LND and LC) early on because I just had this feeling that they are going to slide further. Indeed, they closed at -6.16% and -4.35%, respectively. It was a good call because I immediately bought more MaMa (MER and MBT) from the LoLo proceeds. These two closed at +7.46% and +1.39%, respectively. I also sold the other half of PaPa (PCOR and PX), i.e. PX and bought MPI.
Thus, my Port 2011 is now MaMa, ALIW, Petra and Metro (MER, MBT, AGI, LR, ICT, WEB, PCOR-Petron, MPI-Metro Pacific).
STOCKWATCH : AP, AEV, DMC, SCC, PX
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