There’s still time to buy before the long holiday.

As soon as share prices corrected, you saw people coming back. That shows you the strength of the market.

Investors are positioning ahead of the 2005 earnings reports, with PLDT widely expected to report another good set of results.

The stock looks extremely good in terms of fundamentals, with a book value of 1.64 pesos per share.

Some investors opted to pocket gains after the two-week trading halt.

We’re going through a consolidation mode with a downward bias.

The whole of Asia is consolidating after a strong performance in January. It is trying to seek a lower base as most counters are now historically expensive.

Even the recent upgrade in our ratings outlook would not trigger investors to aggressively position in the market today.

It appears that the incident that occurred over the weekend didn’t shake and stir the market right now.

We’re seeing a good amount of foreign buying today. After the developments over the weekend, the market seems to be taking the view that she has it (the security situation) under control.

The buying is just too strong for that.

The market is buying all the good news.