ITA: 31 May 2012 | 3:20PM

3:20 PM!

PSEi and I, for that matter, were once again left dizzy with all the violent swings in the market today. Trading opened well in the red losing as much as 67 points only to close gaining 72 points. Talk about a roller coaster ride! The sell-off in the morning was still due to mounting European worries while the buying spree in the afternoon was attributed to better than expected Philippine GDP growth. Go Philippines! 🙂

As such, whipsaws were all over the place. Good thing, I relegated myself as a spectator today as I’ve done most of my shopping the past days.

Was particularly surprised by the big and instant run-ups of the following issues right at the onset of run-off period (3:20 PM).

Issue Last Price before Run-off Instantly Jumped To
ICT 72 77.0
BDO 67.40 70.50
URC 61.5 65.0
MPI 4.15 4.30
SCC 225 230

I continue to hold MPI, EEI, and SCC.

Position Ave. Entry Last % Change Days Held
MPI 4.03 4.30 6.70 9
EEI 6.30 6.37 1.11 1
SCC 231 230 -0.69 1

Taking a close look at DMC which rallied strong off its low of 56.0.

US markets opened flat.

>> God is good all the time 🙂

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ITA: 29 May 2012 | Awakening the Bulls

Awakening the bulls.

The battle for market supremacy seemed to have been re-engaged yet again. And the bulls gained the upper hand, at least today.

PSEi was up 70 points and more importantly breached the 5000 mark. This was on better, but still, that not impressive volume. Still, a lot of issues were on the move to the upside. Among the noteworthy stocks were AC (+6.00%) and SCC (+4.50%).

Was a bit disappointed with SCC as I wasn’t able to join the ride. Got a bit stingy with this as my bid at 221.8 was not matched. Nevertheless, I’m still looking to enter positions at current level (232).

Entered new positions in EEI.

Position Ave. Entry Last % Change Days Held
EEI 6.30 6.30 0.00 1

Also, I’m looking closely at URC as a buy at current levels of 61.

On other matters, today marked a historic, and I believe, a once in a lifetime event in the Philippine justice system. The Chief Justice of the Supreme Court was convicted of charges filed against him in the impeachment court. As a Filipino, I’m deeply relieved to have witnessed a decision finally rendered regardless of its sympathy. The verdict’s effects and repercussions can’t, of course, be fully described as of yet. Nevertheless, I do sincerely hope, that in as much as we have learned about the impeachment process and all its technical intricacies, we also reflect on the underlying lessons and expectations from all of us. These are respect, truth, and accountability.

>> God is good all the time 🙂

ITA: 28 May 2012 | Approaching a Crossroad

Approaching a crossroad.

Wasn’t able to write for a couple of days but I should say that not much has changed until perhaps today.

Market managed to eke out another 26 point gain but on yet thin volume. Volatility has gone down. We are still awaiting the captain who will give direction to this sail-less market. I should say, however, that we are nearing bigger movements in the next coming days. PSEi, as of now, is trying to hold above 4900 and attempting to once again challenge the 5000 mark. Either way, expect big movements when support or resistance breaks.

Cashed-in a winning trade in SECB today. Decided to lock in profits and was able to sell during a quick spurt. 🙂 Stock closed back at 134.5. Will again look to buy the dips of this stock.

Position Ave. Entry Exit % Change Days Held
SECB 126 138 9.52 (not bad) 13

Also observing SCC for a number of days already. Stock is ripe for a rebound. It has already reached extreme oversold conditions (RSI 14d) and has been battered hard the past week or so. Today, however, SCC showed some signs of life recovering from early losses to close at its high. Volume is not that convincingly though. Looking to add positions when continued strength is observed. Target entry is 221.

>> God is good all the time 🙂

100 Floors App – Now at 55!

Proves again that great ideas need not be complicated.

Got introduced to this app through an office mate. And I got hooked instantly.

100 Floors is a puzzle game that works by leveling up through solving mini-puzzles with the goal of opening each level’s elevator door. Some levels are solved by tapping, tilting, or shaking your ipod/iphone. The others are, well, for your joy and satisfaction to figure out. 🙂

Fun and good mental exercise, not to mention, a test of resilience and focus.

Managed to answer all 40 levels previously published and am currently updating my old copy as 100 Floors is now up to floor 55!

Maybe I can post some of the answers here as I figure them out. 🙂

App is free on the AppStore. 🙂

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Flipping the Classroom

Brilliant! I particularly like the ingenuity of the knowledge map. 🙂

Salman Khan talks about how and why he created the remarkable Khan Academy, a carefully structured series of educational videos offering complete curricula in math and, now, other subjects. He shows the power of interactive exercises, and calls for teachers to consider flipping the traditional classroom script — give students video lectures to watch at home, and do “homework” in the classroom with the teacher available to help.

If I am a Businessman…

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Who exactly is a businessman? Or how do you qualify the definition of the word? Well, an honest to goodness answer to these questions is – a man who does business – the type and kind being myriad and nature varying. 🙂 For this case though, I’ll go ahead and qualify the ‘businessman’ I’m referring to.

Well, he generates income through trade of product or services. The main and, most of the time, the only difference between a normal employee and him is that the ‘businessman’ owns the system with which the products or services are traded. This constitutes the essence of my qualification of being a ‘businessman’.

With such, I, then, have to agree that, to some minute extent, I am a businessman. But I should say I dream of becoming a bigger and better one in the future. And while this dream is still in process, minus all the hype and dilemma, I thought it’ll be wise to note some guide points as reminder for me if and when I become this ‘businessman’.

  1. I go into business because I feel I have something to offer that’s beneficial to my target market.
  2. I pay the appropriate taxes after exhausting all deductions and exemptions permissible by law.
  3. I give extra special treatment to clients, but that doesn’t mean they are always right.
  4. I pay attention to the little and seemingly trivial things.
  5. I treat my employees as integral parts of my investment in the business.
  6. I value my employees not just by words, but by acts of generosity and open-mindedness.
  7. I include the question, “Why do you respect your boss” in the employees’ evaluation form. Hopefully, answers like “I don’t” or “I do?” do not come out. 🙂
  8. I share my belief system to my employees.
  9. I do not compromise my belief system for monetary gains.
  10. I acknowledge God as the sole source of all talents, strength, and wisdom.

>> God is good all the time 🙂