Paxsys Update (Zooming in the Triangle) » paxtriangle091109
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1.
Bernard | September 11, 2009 at 6:05 am
so, when do you think is the break out (or breakdown), boss spy?
could it be next week? the apex is becoming tighter as shown in your chart
2.
spyfrat | September 14, 2009 at 2:21 am
Yup sir, we will know this week. pax will also be tested how strong indeed it will be in a correcting market this week as well. be well and Godbless.
3.
gerald | September 15, 2009 at 12:58 pm
if this breaksdown loss ako bigtime!
4.
spyfrat | September 17, 2009 at 5:52 am
ako rin hehe
5.
gerald | September 17, 2009 at 1:39 pm
so what do i do now sir, its hovering @ 3.10 na going down, should i jump ship na ba?
6.
spyfrat | September 18, 2009 at 1:49 am
i can only speak for myself boss. i’ll used max tolerance for pax. for my clients. we’ll just wait for the ship to reach the port. we’re not concerned at all.
7.
gerald | September 18, 2009 at 11:16 pm
what is the maximum tolerance level before the ship sinks? so hindi kayo tatakot bumaba ng 2.50?
8.
spyfrat | September 22, 2009 at 3:41 am
me thinks pax will not sink, worse case scenario if technicals will not improve, we’ll be holding it a little longer than what we have studied. for a short term trader, a break on the lower trendline of the falling flag is deemed negative, thus the maximum tolerance level for a short term trader to hold.
9.
gerald | September 22, 2009 at 12:49 pm
what about mpi? na double whammy ako this too has fallen to 3.10 what should i do?
10.
spyfrat | September 23, 2009 at 3:10 am
there was a huge block done at 3 yesterday, 14B worth. this is the second time metropac did this to their clients. heavy foreign selling dominated the selloff. CLSA did the block and today they are net buyer. JP Morgan who sold more than 100M have a 15m cross yesterday. They didnt show up today, same with Deutsche. Locals dominated the buying force. If you can’t monitor the broker’s activity, averaging down is a no-no. if mpi’s price stalled with volume diminishing, then it’s time to let go. for now, i’ll take a hold stance a the stock’s rsi formed a divergence, thus the “bounce”. caveat.
11.
erick | September 25, 2009 at 3:23 am
Boss Spy, ask ko lang if you know a
pse listed mining company that do lithium?
Br.
PAX will surely bounce.. patience lang
12.
gerald | September 25, 2009 at 12:37 pm
the worlds supply of litium comes from bolivias salt fields ata
13.
erick | September 28, 2009 at 3:35 am
Thanks boss gerald…
14.
gerald | September 29, 2009 at 11:47 am
in the week that passed we should all be responsible human beings and for a minute of our time donate to the less fortunate victims of the typhoon please lets all pitch in a little and do a good deed and donate what ever you can wether in food, clothing or financial donations peace…
15.
erick | September 30, 2009 at 6:00 am
this is a good time to help our fellow… in any ways we can.
16.
spyfrat | October 1, 2009 at 6:33 am
naiiyak ako sa mga nakikita ko sa tv. parang frank rin dati pero mas worst yung ondoy. heroes died and born in this tragedy. got mixed feelings.