PSM Update 06.10.13

June 10, 2013

Trend: consolidation
Phase: recovery

Good morning
Markets bottomed up after reaching the 6500 mark

Most market have recovered
From the massive sell offs few weeks ago

This may seemed good however a sideway trend is still expected

As rally ito to correct the very fast down trend weeks ago

Its like big down
Rally then down
Then rally again

The good thing about this is dat more volatility is more opportunity

And since our economic trend is upwards…

Normally pag long term ang views mo ay panalo ka talaga

Pero mas panalo ang nagtatake ng volatility as their opportunity

At any rate
Have a great green for now pag bumaba ulet

Ipon ipon lang kase
Semi annual window dressing po ang last 3 trading days ng june XD

Have a nice trading week ahead

Erwin San Luis


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