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[RT] Daytrading Update 3/10



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after  making near 8,000 on the 9nth and 10th day,by Mar8, the 11th day
he starts to deteriorate(hehehe)...he made "just" barely 5,000.......the
12th..he got lucky somehow made just a bit above 5,000..well...at
today's  close Friday..he made it again and at the same time broke my
heart...he made 15,000 dollars !!!! (maybe he can buy a new car in cash
everyweek) but he comes to the exchange and go back home
(lunchtime)everyday with a 10 minute walk. To tkae care if his baby..by
the way..since he started making good money consistently since last
year..it was just about the time he just got married also.....maybe its
such a good deal/effect on him after all.

the only thing cheering me up these days is our stock exchange's record
for a stock daytrader profit was 250,000.00* dollars in one
day...another mid 30 year old but that was years ago..maybe was just a
lucky day also this one i have still to verify... 


Mind you our market the Philippine Stockmarket is probably one of the
worst performing market worldwide the last 2 weeks..go to yahoo
finance.look for Philippine market daily chart...

http://finance.yahoo.com/m2?u

so this is not a case like most American fund managers who
thinks/believes they are market geniuses but due in actuality just a
participant in a good uptrending market situation and riding the
momentum.

*if it was more than 3 years ago before our currency devaluation the
equivalent would have been 400,000.00 US dollars in one day.....hmmm...
maybe should verify this one.....