MANO PO (Part VII)

My FIWU sans the WU

'Twas another adventurous week, as I wandered where other stocktraders dare not to thread. I was looking for a ride, a wild fast horse really, to get me out of the woods called SMC Forest of Loss. Well, rode some to profit and some to perdition. Bottomline, my portfolio is just breakeven compared to the beginning of the week.

Right now, I am heavy with MA, NIKL, ORE, PX - thus the title, MA-N-O-PO!

I was in and out (humn, like the sound of that) of PWR...really a wild stock. I am sure some ipits were released this week but some new ipits were created albeit on smaller scale. I have some other basura stocks and though they moved up a little, they remained as such, basuras, as of today. I am holding them still because I believe in guru Judith Pena that there is pera in basura.

For the property sector, I have Megan Fox and Geri SPRINGER! Yeah, I have a considerable investment on these two performers.

With the August 2 deadline for the US to raise its debt ceiling otherwise its AAA credit rating will be downgraded, hovering like the sword of Damocles on DOW, I wonder what will the market be on Monday. The ghost month (for the Chinese and Tsinoy stocktraders among us) starts July 31 (Bakit starts at the end of the month? I dunno - basta! Hehehe!) and that adds to the suspense that is - Monday market, August 1. "O, alam mo palang ghost month, bakit hindi ka nag-out? Bakit ka the more na nag-in?" asked my Fiwu. Ah, bullheaded ako eh, matigas ang ulo! Parang toro! Hahaha!

See you all at the virtual floor of PSE (aka Blax's Cafe and Bar) on Monday.