"Alvin L. Teng" is a retired Filipino professional basketball player who spent 14 seasons in the Philippine Basketball Association/PBA, mostly with the San Miguel Beermen franchise.

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As in the previous session, there were a handful of star stocks that were not strong enough to ignite an across-the-board advance.

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Simply put, there is no reason to buy shares aggressively at this point.

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The market extended yesterday's decline as it took its lead from the overnight losses on Wall Street, especially technology shares on the Nasdaq.

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For those who monitor market charts, a pull-back to around 6,400-6,500 points, or the 72-day moving average for the benchmark index, seems increasingly possible.

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There was not enough enthusiasm about pushing the upside as too many investors were ready to pocket their gains.

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The market did not go very far in either direction due to continuing uncertainty over Chen's final decision on the unification guidelines.

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