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#2041 Retired Maniac v2.0

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Posted 01 November 2019 - 12:11 PM

calma lang.. profit taking for others, and its the weekend.. 

china trade war news, there are more important things than satisfying yourself... 

8100 strong resistance... 

banks are doing really well.. BDO, BPI, MBT etc...  


Edited by Retired Maniac v2.0, 01 November 2019 - 12:13 PM.


#2042 Kriminal

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Posted 04 November 2019 - 03:26 PM

Japan have negative interest rates, some EU countries are already in recession, US GDP keeps slowing and will probably enter into recession in the next 6 months.

The only thing that have been propping the Ph economy is the strong real estate market, and we all know this is not sustainable.  Chinese and other foreign buyers have been driving the real estate boom the last 7 years.  The mid-end condos are over supplied and when those remittances from OFW stop coming the bubble is gonna burst.

Start shorting SMDC, DMCI, Ayala Land, and other real estate developers.  Recession is coming.



#2043 PenetrayShawn

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Posted 10 November 2019 - 01:40 PM

Japan have negative interest rates, some EU countries are already in recession, US GDP keeps slowing and will probably enter into recession in the next 6 months.

The only thing that have been propping the Ph economy is the strong real estate market, and we all know this is not sustainable.  Chinese and other foreign buyers have been driving the real estate boom the last 7 years.  The mid-end condos are over supplied and when those remittances from OFW stop coming the bubble is gonna burst.

Start shorting SMDC, DMCI, Ayala Land, and other real estate developers.  Recession is coming.

 

sounds like a good time to buy blue chips as well for relative stability/ confidence






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