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— THE NEW YEAR SANDWICH EDITION —

The PSEi ended the year at 3,050. Only a handful of stocks were dressed , notable ones are MER, MEG, LC, and AGI.

Looking ahead to next year, I am actually expecting a strong rally to greet us this new year. While US stocks have actually been strong the last couple of weeks, our market has behaved so anemically. The reason being that most fundies are already out on early vacation. I feel a lot of these fundies have actually wound down their positions way ahead, probably through already by early to mid-December.

I myself have actually gave up on ANY window dressing activity for this year about 2 weeks back. The fact that the market has held up its head high above 3,000 despite the recent negative breadth speaks STRENGTH of Samson proportions.  Read more... (340 words, 8 images, estimated 1:22 mins reading time)

Trading in the PSEi has reached unusually anemic levels lately, and most fund managers by this time may have already wrapped up this year 2009.

Heading into the last day of trading, your stock/s may not be in the menu for dressing come tomorrow, but worry not, because as long as the reason for buying the stock/s exist and does not change THEN early next year, most of our patience I feel will be greatly rewarded.  Read more... (301 words, 8 images, estimated 1:12 mins reading time)