50-50

All day long I heard a little bird say, "Power to the people!" and "More energy mas happy!" That same bird was also whispering a shift in play from mining to power. True enough, LC, PX, AT and MA were devastatingly down today while EDC crossed a new high and FGEN looks poised to break above its prior high of 14.18. Another spectacular issue today was JGS. On the other hand, issues like DGTL, PNB, and RCB were kinda depressing since they formed dark cloud covers, and MEG, a bearish engulfing pattern. 

This morning, I didn't know what to feel. Now that I think about it, I think I'm dissatisfied with my current portfolio. Over the weekend, I decided to buy LPZ instead of more EDC. The Lopezes comprise of 25% of my total portfolio. I also decided to allocate another 25% to mining. 10% is already on PX and I'm not satisfied with my entry. Now I'm forced to go long. I haven't done that in a while. Hmm... I was careless. How could I have let this happen?! Tsk. My conflict is...I'm generally bullish about it. Even so, I should have still set a stop at yesterday's close. Now I have to bear with the volatility. Should I say hello to 14 pesos? I think I have to get ready... :-S

I'm also growing impatient with my other position, which holds 30% of my current portfolio. I hope it's worth it!! Well, if you do the math, the figures don't sum up to 100%. Around 27% is allocated to my "lightweights" (consider the balance as my cash position). These lightweights are illiquid issues that may easily be driven up if and when their respective jockeys decide to do so. Hihi! Of all my holdings, I like my lightweight stock selection the most but I can't load up on them because I know I'd have a hard time getting out.