the bears awake

The bears woke up after a short slumber. The Psei closed April 4 at 2983.94, 51.77 points lower than the previous day's close. All but one (BDO) of the top traded stock for the day went down. BDO remained unchanged at Php53.50.

The Philippine Stock Exchange seems to have been under the bears control for too long, but the activity during the early part of the week tells me that its possible that we'll be hearing more than just a strong dissent from the bulls.

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