Friday, April 19, 2013

PSEI: Breakout!

The PSEI mostly consolidated this week as external events weighed heavily on our Market. However, the PSEI's break of the 6900 barrier may have started the trek upwards. What's surprising today was many "Basura" stocks showed off. Enticing hypnotized buyers to risk capital for the promise of greener pastures. With the index hopefully to trend upwards next week, would you stick to Blue Chips, or would you be brave enough to expose your self to Garbage. Whichever you prefer, it is still more fun in the Philippines.
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