Philippine Stock Market Commentary

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.