Common Sense Trading - A Blue Jeans Approach to Philippine Stock Market Trading

This is interesting. According to GMAnews.tv, the PSEi has done better than its neighbors. This really speaks well of our fundamentals. Click here for the full article.

Markets around the world have seen good gains over the past weeks specially in Asia. When the numbers are in the green, there is always a lot of excitement generated. So with everyone wondering if its time to buy, i can't help but wonder the same thing myself. I don't think its really the time to be buying quite yet. I would recommend that we still be cautious. I'll maintain my current strategy of small buys stretched over a long period. Too much excitement It's been a while since we've seen good numbers and I think this might cause the markets to get ahead of themselves. So far, the PSEi remains very responsive to the U.S. indeces so I remain attentive to what's happening over there. While the so called "green shoots" are emerging from the devastated American Economy, I don't think all the bumps are already behind. Credit Card fallout One thing I'm very concerned with is the Credit Card fallout that is hanging over the American Economy like th...