If You Can't Lick Em, Join Em!

Yes, I am a basher of CAL.

I do not like the fundamentals of CAL but I also believe that TA discounts everything. And so when its illogiCAL chart and magiCAL price action last Monday and Tuesday indicated  that there is money to be made in CAL, like a good soldier who carries out orders before asking questions, I, Old Rogue Black Spider, with a little swallowing of my pride (I am a basher, afterall), bought shares at 13.9 last Wednesday. Sold 50% last Friday at 21.85/21.90 for a good profit (first round).
Re-bought what was sold at 22 at the close of Friday.

Hey, Black Spider. My fundamentals
are impressive. Can't you see? Bulag ka ba?

This morning, at the very start of the hysteriCAL sell-down, I sold all at 21.90 and 21.85 for, still, a nice profit (second round).

At the bottom, I re-bought at 15, 16 and 18 for a 16.83 new aep. I did not notice right away but, I guess in my excitement, I inadvertently almost doubled my position. Hahaha! Scary and exciting at the same time. It was my trade plan to sell all again at closing and so I sold all at 23.85, 23.90 and 23.95 for a hefty (third round) 40% gain .

I am now 100% out of CAL. I have not doubled my money (yet) but who knows, di pa tapos ang laban. But with a much smaller green candle today, baka parang CALabaw na lang ang usad in the days to come.

I still do not like the fundamentals of CAL.