What exactly happened today? I'm not entirely sure since my computer was down almost the whole day. On the rare occasions that it was working, I did see the banks rally. Of course, MBT joined the fun! It even reached a high of 60 (pitik lang) to close the day at 59.50. I sold some of the shares I got two weeks ago at 57. Do you know the implications of those three words: two weeks ago? It means that I had MBT at 57 before it fell to 52. I'm just thankful to be able to exit with a profit. But as I said, I just sold some. I still have most. Hmm... I'm a bit worried for the Dow tonight.
SCC and DMC were quite the duo today. Funny, I was taking note of SCC with resistance at 78 (which also happens to be the last sale price). The computer was down again so I thought, why not write my trade idea down? It's not like I can do anything else! Haha! It had a good chart. It had been consolidating for the past two weeks. Then, the next thing I knew, 79 na ang SCC!! Whaaaat?! It closed at 80.
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