Thursday, January 24, 2008

January 24 Report

Good day folks, in line with the recent market volatility, I'm still going to write my condensed version of my Stock Stuck Suck Report.

Index: 3,147
Performance +89 points or 2.9%
Volume: 2,364,384,527
Value: 4,997,859,000
Trades: 10,569
4 New 52 Week Highs (whaaat?) BC, BCP, EIBA, SEVN

All sectors in the green with mining leading the way at + 195.00

Foreigners still dumping our shares like it's Apocalypse Now. So be wary. Sell in the rally is still the prevailing sentiment.

The dollar is showing resilience amidst a rate cut by the US Fed. Time to buy PAX? Abangan na lang.

Some stocks that may be worth your second look:

BC
DIZ
TUNA
BRN

Good luck to us all.

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