Yes we thought but I guess we are wrong.
The Philippine Stock Exchange Index, the Philippines’s economic barometer, greeted 2013 with a bang. We never imagined to be at 6100 level early this month. Expectations was supposed to be by end of the first quarter but here we go again it keeps on breaking its high records.
For my personal investing strategy I still keep a big chunk of cash for the expected correction. No matter what such will come. But in the meantime monitor stocks that are continuously trending up and look for opportunities to make profit by buying on lows and selling highs.
Again as always do your due diligence and trade at your own risk. As my good friend Omeng Tawid qoutes “Aral muna.”