Paxsys (PSE: PAX)
August 24, 2009
Weekly Chart of PAX
Sticky Post (August 24, 2009).
I made this sticky to remind me that technical analysis can be a powerful tool if correct and just pure crap if wrong.
500% return @ 17 if this analysis will hold true.
Entry Filed under: Phisix's Closet (PSEi). Tags: pax, paxsys, pse pax.
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1.
Lester | August 26, 2009 at 11:33 am
Boss, do you subscribe to the belief that gaps will always be filled?
2.
spyfrat | August 27, 2009 at 2:49 am
80% i do boss. by experience if i remember it right, ABS have a longest period of gap filled by almost 10 years. vacuum made 1993, and filled 2003. pls correct me if i’m wrong. CMT have a gap at 1.50s as well made last 3Q of 2007. From a price of 0.20s, it is now trying to filled that gap. CMT now at over 1 peso. Please look at SUN formerly BW. *grin*
3.
Ting | August 27, 2009 at 7:57 am
Is there anyone you recommend who can teach me charting?
4.
spyfrat | August 28, 2009 at 2:59 am
Hi boss, if your in manila, miko sayo aka sanmig of http://www.tsupitero.com holds ta seminars. pls visit his site for his next seminar sked.
bonner, danny, gwen, arnold and the rest of the gang at absolute traders also holds seminars for ta.
if your near me (iloilo city), we can share ideas over a cup of coffee.
be well and Godbless.
5.
Ting | August 29, 2009 at 4:30 am
In Jaro. 09189911431. Coffee is good. Maybe I’ll show you my agri-projects some time.
6.
gerald | August 27, 2009 at 12:50 pm
boss spy how longof a rip van winkle ba do u think pax will fill the gap?
7.
spyfrat | August 28, 2009 at 3:11 am
1q 2010 based on UNGUARANTEED technical analysis. This is our next pepsi (gap at 2.70 was the target, previous charts somewhere here in the blog). Godbless boss.
8.
Karl Vincent Catalan | August 28, 2009 at 4:50 am
Sir Spy,
Ganda pala ng blog mo…First time ko nakavisit dito…All this time, I only see your posts at FM…Ganda ng chart mo sa PAX, im also betting on this company for long term investment. Eka nga in technical analysis, history repeats itself…Hopefully, PAX will retrace its golden position…Do we have an indicative time-frame for this boss spy?
9.
spyfrat | September 1, 2009 at 1:35 am
many thanks Sir Karl. Our core PAX for us is a buy and hold till 1Q of 2010. Along the way there will be ups and down, i have some pax to play and will only take profit base on purchase cost, leaving us what i coined “profit long” shares. if this materializes, this profit long shares will be added to our core holdings till said time.
10.
Think+ | September 3, 2009 at 7:18 am
Ang sarap naman isipin nito, boss spy.
500% for just 7 months or less.
Sana nga magkatotoo ito.
I have PAX, and I wish I could hold PAX until 17 pesos.
11.
spyfrat | September 3, 2009 at 7:35 pm
imagine – john lennon
btw pax and the psei have something common in their parabolics. true with jgs’ monthly parabolic chart as well… http://spyfrat.wordpress.com/?s=jgs
12.
james michael chua | October 2, 2009 at 7:56 am
sir, ano latest update nyo sa PAX? still holding? ako ouch ouch ouch hehe
13.
zeromellamd | October 2, 2009 at 9:10 am
PAX is not my particular brand of vodka. But ever since I read this post I am getting hooked and I’m watching it closely like everybody else. After all you gave me insights on PIP. I still have no positions in this issue though. The company’s last reported earnings were negative. Market’s sentiment is due to increase in the earnings in the first half of 2009. The prediction might actually come out to be correct if the increase in net income or the EPS is sustained to go back to pre-2008 levels. There are two questions though: the stock dividend on the 1q 2010 will affect the price of PAX, this would affect your chart, yes?
The other question, how did you make this post a sticky? I recently migrated to wordpress. Sorry I had to ask.
14.
gerald | October 23, 2009 at 12:02 pm
its been a hell of a month september and october paxys doesnt want to go up anymore looking to go further down trend what to do ipit na huhuhu
15.
spyfrat | September 1, 2009 at 1:33 am
hi boss, got your number. will txt you later. will be in the farm this afternoon for our final harvest. be well and Godbless.