This blog is committed to the serious study and valid understanding of technical analysis and its objective application to stock selection, risk management and execution primarily in the context of trading stocks listed in the Philippine Stock Exchange (PSE).

Wednesday, January 23, 2008

PSEi, 1/23/08

The index closed higher today but failed to exceed the previous day's high. If this is followed by another higher close tomorrow then we may be in for a short term bounce before the intermediate trend resumes its downtrend.

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