Philippine Stock Market Commentary for February 8, 2010
The Phisix fell 9 points and ended with another black hammer on Monday but shorter than Friday’s formation. This is a reversal signal; however, confirmation on the market’s direction will be known as the DJIA starts trading this week.
Pymwymi Fund Performance
The Pymwymi Fund has fallen 1.8%, and the Phisix has fallen 3.9% since our BUY call last Thursday, January 28, 2010.