As usual, I'm a bear when everyone else is a bull. I'm also expecting a correction tomorrow because the market peaked again and there is another long weekend ahead. I happily sold my PNB at 47.80 with a net return of 15.6% and my BPI at 54 with 11.28%. I held these two stocks for around 2 weeks only. My stocks are now returning 42.7% effective annually with 35% cash on hand.
I'm planning to buy back some blue chips tomorrow if a significant bargain is there, or sell all my stocks anytime when my target of 50% effective annual return is achieved. :-)
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