DDivine DDreams ?

After just over a month, DD have trekked from the IPO price of php 2.00 to  a dizzying php 9.04  or an increase of 450% .

There is an ongoing debate on whether DDivine is headed up or down.


On Yesterday's closing, DD dropped 4% adding fire to the bears' argument that the prices have peaked and will be trending down.

But is this argument valid ? Does one day a trend make ?

Let us discern what Ms. Market have to say.

If you look at the daily chart,  DD actually respected the 20 day moving average support and bounce back up from there to close higher than the day's low.

Now if you look at the weekly chart, DDivine looks even better. It consistently closed each of the six weeks in positive territory. It even chalked a gain of 34% this week.

Do you agree with me to.....

Sit Tight ,
and Enjoy the Ride

until the uptrend line breaks ?  :)

BELissima !

BELissima made a breakout move today. 

Targeting heaven on the 7th floor 

Cut Loss point at 5.7 to 5.5

Good Luck !

Keep

 Your Trading Rules Rigid,

And

Your Expectations Flexible

:))

Phisix 7350 ?

The PH Composite Index has broken above the formidable 6600 resistance. It is currently at the 6800 minor resistance. When this is broken convincingly, we may be able to see another attack on the previous all time highs of the market. Take fropits or cut loss if the index goes back below 6600.

In the meantime, 

Sit Tight

  Enjoy the Ride  :)

Mr. Banker or Mr. Developer ?

look at the charts of property and financials. which do you think will perform better going forward ?

difficult to tell if you ask me. we will just let Ms. Market give us some clues . 

Anyway, so far I have chosen to buy MBT :)

Keep your trading rules Rigid 

and your expectations Flexible :))

William O'Neil's Investment Parable

Good monday morning partner and fellow P6 Pacers,

here is a story from the legendary trader William O' Neil

"The Red Dress Story

Investing in the stock market is really no different from running your own business. Investing is a business and should be operated as such. Assume that you own a small store selling women's clothing. You've bought and stocked womens' dresses in three colours: yellow, green and red. The red dresses go quickly , half the green ones sell and the yellow don't sell at all.

What do you do about it? Do you go to our buyer and say, "The red dresses are all sold out. The yellow ones don't seem to have any demand, but I still think they're good. Besides, yellow is my favorite color, so let's buy some more of them anyway ?

The clever merchandiser who survives in the retail business looks at the predicament objectively and says, " We sure made s mistake . We'd better get rid of the yellow dresses. Let's have a sale. Mark them down 10%. If they don't sell at that price, mark them down 20%. Let's get our money out of those " old dogs" no one wants, and put it into more of the hot-moving red dresses that are in demand ". This is common sense in any retail business. Do you do this with your investments ? Why not ?

Everyone makes buying errors. The buyers for department stores are pros, but even they make mistakes. If you do slip up, recognise it, sell, and go on to the next thing. You don't have to be correct on all your investment decisions to make a good net profit.

Now you know the real secret to reducing your risk and selecting the best stocks: stop counting your turkeys and get rid of your yellow dresses ! "

Translation: Sell your losing stocks at the maximum 8% cut loss point. then go on to look for those winners which you can hold as long as you can until the up trend breaks.

Always remember POF COLA. Prolong Our Fropits , Cut Our Losses Agressively

Confession Time/ Sitting Tight

I was able to enter SCCarlet at 300.
I sold at 340 thinking it was the peak and planned to buy back at lower levels.

Well, instead of going down,  it zoomed up again. Sweet. :(

Realising my mistake, I reentered SCCarlet around 360 to 370.

From now on, I will not  break my motto to " Sit Tight , Enjoy the Ride "  on to SCCarlet till kingdom come or until the trend breaks.

Fromise.

5 Stock Picks 31March1014

For tomorrow's trade,

aside from holding on to my 3 picks last week....

I am also looking at the following that shows promise:

ICT ( 108)
GERI ( 1.8)
DNL ( 8.2 )
NIKL ( 19.3 )
MARC ( 4.1 )


Keep your trading rules Rigid,
and your expectations Flexible.

Good Luck !

Betting Enough 2

Almost anyone can make money in a bull market. But Market Masters who have proven their survivability and success in the ups and downs of many market cycles have advocated keeping your risk on every trade at 1% or 2 % of your trading capital.

So how does that work ?

Let's say your trading capital is 1,000,0000 pesos.

Before you buy a stock, you need to be able to fix at what price below your entry price you will say that you are wrong and cut loss.

Let's say your trading rules says that you have to make an automatic cut loss at 8 % below your entry price. and you are willing to risk 1 % of your trading capital on one trade.

So 1% of 1,000,000 is 10,000 pesos.

and your maximum bet on one stock is 10,000 / .08 = 125,000 pesos

if you are able to increase your risk to 2 % of  your trading capital 1,000,000 and a cut loss point of 8% , then

2% of 1,000,000 is 20,000 pesos

and your maximum bet on one stock is 20,000 / 0.8 = 250,000 pesos.


So in the above example,

you can bet between 12.5% to 25 % of your trading capital.

Please take note that if your cut loss point is less than 8% , then your maximum exposure in one stock will also increase.

Soros and Betting Enough

George Soros says that when you are able to invest a trending stock, it would be a shame  if you did not bet enough. ( although going " all in " is a no-no for me )   Looking at my portfolio , i am  adding into these 4 stocks that are showing me gains....

DMC SCC FGEN FPH



Keep your trading rules Rigid,
and your expectations Flexible.

good luck.

3 picks 23mar14

Here are my picks for tomorrow. If any of these 3 picks go  5% below your entry price, i suggest you cut loss. Otherwise, Sit Tight and Enjoy the Ride

Good Luck !  :)

Breakout Failure ?

JGS formed a nice Cup and Handle and made new highs. then it failed :(

it needs to pierce back above the 50 pesos level to be Vhullish again.

Power Puff Gurls

during the same Feb. 12 to March 21 period,

the POWER PUFF GURLS did even better 

SCCarlet 14% 
FPHrancine 10.6%
FGENevieve 22%
APples 9.25


for an average gain of 13.9%  

Team Surfer vs. Team April

Last February 12, 2014 Citiseconline came up with 9 stock picks which i dubbed Team April.

Just for laughs, I made my own version for comparison. ( Team Surfer )
http://www.financemanila.advfn.com/forum/viewtopic.php?f=1&t=1161&start=5491

Today, I checked how things stand :

Both teams beat the Pcomp which was up + 3.7 % during that time. 

Congrats to both teams . It was a tight race. But there can only be one winner.  
Team Surfer + 6.76% 
Team April + 6.0 %


details as follows ( including cash dividends less 10 % withholding tax )

TEAM SURFER

GLO -5.45%
SCC 14 %
LTG 3.3%
LRI 2.2 %
FPH 10.6%
FGEN 22 %
DMC 6.25%
MFC -1.3%
AP 9.25%

TEAM APRIL

EEI 14.4%
MEG 2.5%
TEL 2.9 %
DNL 18%
AC 3.7 %
BDO 2.8 %
MBT 0%
ALI 12.16%
SMPH -2.26 %

FPHrancine

FPHrancine has broken above the formidable resistance at 72.

That now serves as support. This is a good buy level with potential to reach 90 as initial target.
This view becomes incorrect if FPH goes down below 71.

Good Luck !

Pcomp , Where Art Thou ?

Good weekend partner and fellow P6 Pacers,

The Pcomp has failed to break the 6600 resistance level on its first attempt. 

Looks like the 6300 support level defined by the 200 day moving average will be tested again. 

Some might take this as a negative, but 6300 might be a good entry level with a good risk to reward ratio. 

One can enter at levels near 6300 and have a potential upside of 6600

Cut loss point will be around the 6250 level.

300 points gain versus a 50 to 100 point cut loss seems like a good bet to me 

Keep your trading rules Rigid 

and your expectations Flexible

Good Luck !  :)