Wednesday, May 14, 2008

up, up and away?

After five straight days of going up, we haven't gone very high. The PSEi closed at 2849.29 on May 14, 2008. Value turnover was at respectable level of around Php3B.

Those numbers are a far cry from 3900 and Php5B average daily turnover at some months last year.

The rally is weaker than I hoped and I fear will not last until the end of the week. I hope I'm wrong.

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