Monday, October 22, 2007

Trade for today (Oct .22, 2007)

The dow last friday is down 366.94 pts. So, what to expect? Of course PSEi will follow.
Another bad news of Glorietta2 Bomming or accident. It was a bloody red monday and
I have a lot of paper loss. I hope I could survive this. This time will pass.

DOW 13,522.02 DOWN-366.94 pts -2.64%
PSEi 3,667.87 DOWN -151.88 pts -3.98%

BUY:
AC 10 @ 550
MER 100 @ 77

SELL:

CURRENT STOCK POSITIONS:
AC 10 (EP=550; TP=N/A; CP=550) FLAT

ACPR 100 (EP=113; TP=N/A; CP=113) FLAT
CHIB 20 (EP=695; TP=750; CP=700) FLAT

GMA7 3,000 (AEP=8.9333.15; TP=10.50; CP=8.10) DOWN 9.33% Paper Loss
LND 20,000 (AEP=1.17; TP=1.50; CP=1.08) DOWN 7.69% Paper Loss
MER 300 (AEP=79.8333; TP=90; CP=77)
DOWN 3.55% Paper Loss
PA 100,000(AEP=0.2200; TP=0.50; CP=0.1950) DOWN 11.36% Paper Loss
RCB 200 (EP=29; TP=35; CP=27)
DOWN 6.90% Paper Loss
SM 20 (EP=397.50; TP=600; CP=380)
DOWN 4.40% Paper Loss
SMPH 500 (EP=12;TP=13;CP=11.25)
DOWN 6.25% Paper Loss

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