Is the PHP on some kind of bubble?

**tidus1203** · September 13th, 2010 01:02 AM

Alam mo naman how pathetically small our local market is... When foreigners sell, the locals can't handle the volume to keep the price drop orderly. The prices can collapse very fast cause locals start taking away their bids and even those who bid have no money whatever foreigners are trying to sell... We can't match their volumes...

Kaya US markets na ako. Buy and Sell laging may volume at laging may kayang sumalo! Dito sus ginoo 1000 shares ng PLDT lang multiple price levels na ang bagsak!

**uls** · September 13th, 2010 05:45 PM

something we already know about for some time is now all over the news

Hot money soars to $883m
Manila Standard Today - Roderick T. dela Cruz - ‎1 hour ago‎
Improving global economic prospects have attracted more inflows to the Philippines in the form of foreign portfolio investments, which are invested in stocks, securities and currency markets. Data from the Bangko Sentral show ...

Net inflow of 'hot money' hits $883M
Inquirer.net - Michelle Remo - ‎15 hours ago‎
MANILA, Philippines—Net inflows of “hot money” surged nearly five times as of August as the Philippines, like other emerging markets in the region, attracted more foreign portfolio investors who were moving their funds to Asia. ...

'Hot money' keeps surging in August
BusinessWorld Online - ‎17 hours ago‎
THE COUNTRY'S rosy growth profile continues to lure foot-loose offshore capital looking for short-term gains, as preliminary data from the Bangko Sentral ng Pilipinas (BSP) show a continued surge of portfolio placements as of late last month. ...

Jan.-Aug. 'hot money' helps RP stocks — BSP
GMANews.TV - ‎22 hours ago‎
Foreign portfolio investments or hot money poured into Philippine stocks and debts to the tune of $883.4 million or close to P40 billion in the first eight months of the year, the central bank reported over the weekend. The Bangko Sentral ng Pilipinas ...

'Hot money' surges on economic data
Manila Times - Lailany P. Gomez - ‎14 hours ago‎
THE Philippines enjoyed a net inflow of hot money in the first eight months this year, the central bank said. Data from the Bangko Sentral ng Pilipinas (BSP) showed that foreign portfolio investment (FPI) yielded a net ...

**tidus1203** · September 13th, 2010 05:48 PM

And uls when the MAINSTREAM media picks it up and becomes headline and your regular folks start to notice as well and now is stated to get interested in the markets. You know what's next!

**uls** · September 13th, 2010 06:15 PM

like i said, when your yaya and driver knows the stock market is hot, contrarian indicator yan

**Monseratto** · September 13th, 2010 07:08 PM

Di nga pwedeng pumasok ng biglaan sa Stock Market ngayon. Its already "expensive" and may be peaking. It is due for a big technical correction.

**Monseratto** · September 14th, 2010 08:11 AM

Blast from the past!

http://www.ops.gov.ph/archives2007/jun18.htm

The bulls are loose at the PSE as stock prices continue to soar rapidly. Last Friday, stock prices hit a new all-time high, soaring 42.67 points or 1.17 percent to 3,671.29 while the value turnover swelled to P9 billion.

Analysts said they expect the bull run to continue and possibly even breach the 3,800-4,000 level in the short term due to positive economic and corporate numbers.

The economy, measured by the gross domestic product (GDP), posted a 6.9 percent growth during the first quarter of 2007. The strongest GDP performance in the last 17 years, the new record was attributed to the rise in exports, increased household consumption, higher government spending, and growing investor confidence.

All came to a halt due to 2008 US market crash...

**tidus1203** · September 14th, 2010 09:01 AM

I also remembered 2005 when everything was so bullish as well in the local market. This was the time that UITF's became hot... Pero biglang the brakes were slammed and a lot of people (new entrants) lost money and the people who were in earlier made money at their expense...