Happy New Year!!!!

Happy New Year !!!
May 2006 be profitable year for all of us!

Sana lakeh kitah naten ha!

Looking forward for the January Effect! =p

Oi Dod! Google Earth mo nga ako! =p

Nasubukan nyo na ba yun Google Earth na program? Kung ndi pa ito yun link i-download nyo na http://earth.google.com/

Nun nakita ko yun program napa nganga na lang ako.....ang galing! to the detail! Medyo addicting yun software. Imagine....talo pa nya yun Cebu Pacific......lower than the low cost air fare!!! Pede mo pa masabi na nakapag libot ka around the world in 8 minutes!

Yun isa nga ka officemate ko, naaliw din sya. Hinanap nya yun bahay ng tita nya sa states, nun makita nya tinext nya yun tita sya sinabi nya, "uy tita yun kulay ba ng bubong ng bahay nyo eh blue?" . Syempre...gulat yun tita nya har har har!!!

Try mo, pag nasubukan mo maaaliw ka.... naka punta na ako sa CSI LasVegas (huuuu..are u...hu hu hu hu =P) , sa Disneyland, Disneyworld, Holywood!, Japan, atbp! Nakita ko na yun office ni Donald Trump, yun Area 51, yun Airforce Graveyard, yun Washington, Pentagon, Ground Zero! Whitehouse.

Sa pinas medyo malabo yun map, pero sa Angeles, Bulacan at Cavite malinaw yun map. Kita mo yun clark airbase tsaka Sangley point Cavite. Yun iba medyo maaaninag mo lang.

Try mo, sa isang upuan lang mauubos oras mo sa kakaisip ng lugar na pupuntahan!

Tara na! Google Earth tayo! =p

Charting is very subjective

I tried to validate my FPH analysis with the other members of the email group and with their help, they validated that my findings were.... incorrect....hehehehehe =p. But they did open my eyes to the right pattern that they are also seing. So here's the chart courtesy of Joel.

The pattern is a symmetrical triangle from july to november. It already broke out, but it retraced back to the break out level. MAs are providing support.

Stock Watch (Dec 20, 2005)

DISCLAIMER: I am not liable for your sleepless nights should my analysis prove to be wrong and prices heads south =p

FPH
FPH still within a giant symmetrical triangle and an upward channel. Prices are still within 2003 long term support. MACD is starting to get bearish though but it looks like Moving averages are providing strong support. Breakout from the big triangle is at 52 but it may hit a snag at 54 level resistance of the upward channel. If it breaks out of the upward channel, short term target of about 60-65. Cut loss at P50.

SMCB
Still trading within the downward channel. It just gapped up after hitting the support. If it breaks out of the upward channel,it may have a hard time moving to its price target of 95 as 2 MAs are blocking its way. But reward is not that great to park your funds here.

HLCM
HLCM may have already reached the target price from the break out of a small horizontal channel. 4.50 Price level looks like a good resistance, but the upward movement steam may have already poof out as volume was not sufficient in its try to push the price up today. We may expect a short downward price movement. Although it has lost its steam, this stock is still on the bullish outlook as MACD is still on the positive side with MACD above signal line. If you are a bottom picker, good price level to scoop the stock is at 3.90 to 4.10, but the problem is you dont have a predictable upside target. You'll just have to let your profits roll! =p

AEV
AEV Has been trading in an ascending triangle. Bottom pickers would enjoy the price at the current level of 4.80. Break out at 5.20 with target of 6.20. Cut loss at 5.10

PX and PXB
PX and PXB are forming a cup and handle formation. Wait for the break out from the resistance established by the high of the cup

So now place your bets!!!! Banzai!!!!!

Why not a coop in the office?

During last Saturday night's Technical Analysis Graduation cum xmas party I was able to chat with one of my batch mates in the training, Sir Gil Garcia. Sir Gil is a professor at UST and he is currently teaching co-op class at UST. Yup you've heard it right co-op as in co-operative, like credit cooperative, consumer coop etc.

According to Sir Gil, UST is the only school in Manila offering such curriculum. I've heard from news report before that cooperatives will be included in high school curriculum. But I think it did not push thru. But definitely teaching of business/finance/co-op classes in HS is a welcome change.

I have had chances before of hearing presentations on the benefits of coops but I've brushed aside invitations to become a member. My main reason for brushing it aside is pure ignorance. My initial impression on coops is that its something for the "rural", but ofcourse, its pure ignorance. Coop is a vehicle for affordable financing much like your Zero percent installment craze of you credit card and it’s a perfect example of Pinoy's Bayanihan.

Though you might not have heard nor have been part of any cooperative, im sure you've been at one time, part of a "Paluwagan" system. A Cooperative is nearly the same, where in members contribute to build up a fund except it is much more complex ofcourse ;) .

On the course of our discussions, I’ve learned that Sir Gil is managing the fund from the UST teachers coop. I got much more curious on how the coop has been beneficial to the teachers. Since the start of their coop's existence, they have already gathered millions in pesos for their pooled funds. Sir Gil patiently answered all of my queries on coop and i must say he has explained it to me with zest. Lets just say that if cooperative was a religion, I would have been enticed to convert faith =p.

That’s when I got the idea of "why not a coop in our office?” Maybe it’s the first IT company based coop (but I think Intel employees already bagged that title). We already have a Socials Committee in our office tasked with creating FUN for the employees, why not create another group...a Coop group tasked with creating FUNDS for the employee =). This is one thing that the company should take a look into. Its not just beneficial to the employee, but also to the company. A Socials Committee and a Coop Group hand in hand can supplement the employees Social and Financial welfare within the company. Its a powerful tool for the company for keeping valuable human resources intact within the company.

My hats off to Sir Gil Garcia for being such an advocate of Coops. For more info visit the CDA website http://www.cda.gov.ph/