street protests threaten rally outlook

News of people taking to the streets in Makati spread quickly in my law school. Prior to this news, I was willing to bet on a good week next week for Philippine stocks. Yet, since Political turmoil was never good for investor sentiment, I'll withhold such a bet. The more likely scenario is that while people take to the streets, more money will look to run for safe haven and join the overcrowded sidelines. Emotion will drive both.

Luckily its still the weekend and many things could happen between now and 9:30AM on monday morning. I'm still keeping my fingers crossed.

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