Market got off to a very hot start only to see her gains melt near midday. PSEi closed in the red losing almost 11 pts. At this juncture, this is nothing but a welcome and necessary halt/correction to the bull run we have been witnessing over the entire week. This could all change though if this selling pressure continues to the rest of the week.
I have already liquidated some of my positions with quite decent gains (at least for me). 🙂
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