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    Stocks are bought on expectations, not facts.

Hmm...

It seems my vacation would have to be postponed for a while because today, I saw prices bounce. If that bounce is real, then we should no longer see prices below today's low. In the short-term, the index is moving sideways to up with support at 3,422 and resistance at 3,463 / 3,485. The PHISIX closed at the highs today at 3,455. 


I got a little overwhelmed today. With the behavior of the market this morning, all I could think of was: What should I buy? I ended up buying back my FLI, more MBT, RCB and ALI. I told you my selling of FLI was an emotional decision as I even caught the low to sell. So, as punishment, I had to buy back higher today. 

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