Disclaimer: The content posted in this blog is for informational purposes only and it should not be taken as an endorsement or solicitation to buy/sell the aforementioned issues. The information posted here is obtained through personal research and analysis, reserving the right to change them anytime. Investing in the money markets is accompanied by substantial risks to one's capital.
Thursday, February 10, 2011
Manila Electric Company (MER)
Trending down in an accelerated manner. Bearish flag breakdown at 224. Hypothetically short at 119. Looking to cover(initial) at 200. If it breaks below 200, best level to cover is at 156.
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