PX’s Leap of Faith

August 12, 2013 at 10:02 am Leave a comment

So: previously, last june 14, the swing/tango play failed. ur a lucky trader if you beat the 12.50 swing line and manage to take a .30 guerrilla run at 12.80. previous chart below

https://spyfrat.wordpress.com/2013/06/14/swing-play-px/

So What:
PX is faced with lots of hindrances but gold is about to turn (at least that’s the way i see it for now). will gold’s luster shines at px?

pxdaily08122013amsession

So What Now: We previously mentioned that PMINI (Philippine Mining and Oil Index) is in a turned for a big leap back to 18,000. That’s more that 20% from current index reading. A rejuvenated PX will add life to the index. Here’s PMINI Composition.

MARKET CAP
(as of 09:58:47) UPDATE
# CODE LAST MARKET CAP
1 APX 0.0000 3,179,522,570
2 APXB 0.0000 1,747,123,250
3 AT 0.0000 29,974,967,482
4 BSC 0.0000 629,644,346
5 DIZ 5.65 440,737,782
6 GEO 0.47 1,627,500,000
7 LC 0.63 16,434,968,199
8 LCB 0.65 11,304,460,214
9 MA 0.0310 3,760,290,005
10 MAB 0.0310 2,505,084,697
11 NI 3.41 3,113,330,000
12 NIKL 0.0000 40,306,549,520
13 OPM 0.0190 2,280,000,000
14 OPMB 0.0000 1,600,000,000
15 ORE 0.0000 2,468,400,009
16 OV 0.0410 7,866,621,020
17 PX 10.56 52,095,078,478
18 PXP 13.56 23,052,000,000
19 SCC 242.80 86,497,500,000
20 UPM 0.0000 3,397,092,362

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Entry filed under: Phisix's Closet (PSEi). Tags: , , , .

Reference Chart – GOLD I can sell you FEAR or I can sell you ek-ek story.

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