01-11-2012 Sitting tight while PSEi closing to a new high!

 

Found time to watch the tape today and to get a feel of the leaders in this bull run :) Very very happy to have 3 stocks in my port made new all time highs today! There are weak stocks in the portfolio though, so I should reduce or dispose them soon.

PSEi closed at a new high today. Mutual funds should close at their highest NAVPS today… so I averaged up more SALEF positions to increase exposure in blue chips and “hyped” stocks. :) Who says we can’t trend follow funds? :D

SALEF chart courtesy of http://www.monitormyfunds.com

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