12-12-2011

Nothing interesting in the local market today. The market was strong in the open but most stocks closed near their lows. Not a good sign, IMO. MEG was a disaster but good thing it closed 1.72. COL was the top buyer today. I wish the best of luck to the brave bottom fishers. The round numbers are proving to be a heavy resistance.

Sold SMC at 119.5

Adding PGOLD to my watchlist as it is trading at its all time high since IPO.