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CapitaLand: Too early to bottom fish

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Blastoff
    20-Aug-2008 16:27  
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How do you know? Based on chart reading????Smiley

CWQuah      ( Date: 20-Aug-2008 16:25) Posted:

This stock is going to fly. Should test 4.68-4.72 tomorrow.

 
 
CWQuah
    20-Aug-2008 16:25  
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This stock is going to fly. Should test 4.68-4.72 tomorrow.
 
 
tanglinboy
    20-Aug-2008 15:10  
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Actually why did this counter drop so much? Is it because of its China investments?
 

 
aleoleo
    20-Aug-2008 11:56  
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it is heading north, hope it can break resistance at 4.59 soon.Smiley
 
 
teeth53
    20-Aug-2008 09:38  
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Posted Aug 8, Bargaining hunting time, don't expect ppl's to buy into it just yet, losses is too great for players as they will always be selling into strength and some shorting done as well as to cover it back...the drop seen steep..from $5.10 to $4.86, guess it testing time $4.68...?, just sharing my tot and now trading at.....to a low of $4.48ct

Capitaland 4.500 4.530 +0.030ct +0.7% 2,116,000 136,000 4.520 4.530 87,000 4.540 4.480
 
 
winsontkl
    19-Aug-2008 23:00  
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Thanks Singaporegal, but very tempting leh.......what do you think???

 

 



singaporegal      ( Date: 19-Aug-2008 15:57) Posted:

Still looking bearish.... be cautious

 

 
idesa168
    19-Aug-2008 20:29  
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I wun rush in to buy now, I am in CASH right now. I am anticipating STI to go below 2,600 before making a u-turn. Yes, I am like you, looking at only the blues. It's the blue that will cheong before the 2nd and 3rd liners follows behind. Right now, no hurry, just window shopping! Good buy @1.70 for Capitaland. But you could have made more if let go @9.00...hehehe, nobody can read the mkt! Cheers!

cheongwee      ( Date: 19-Aug-2008 16:57) Posted:

Yes, you are wise, me bought 1.7..you believe???

Time here again to collect cheap stock the bear are giving. But remember to collect solid one like this one that will cheong when market turn around.

Any recommendation? thanks. Now looking at blues onli. Not buying so soon.

But i thing i am not sure is that stock will get even cheaper if recession drag on. So i think it is safew to buy in trenches and take our time. Maybe right now it is still early. 

But the S&P look quite bullish..i think there might be a short rally before it go to a long bear.

 



idesa168      ( Date: 19-Aug-2008 09:46) Posted:

Yes, it will rebound someday, but when? It's the multi Million Dollar question! A lot of ppl thinks it the bottom now and try fishing...well these ppl have been buying since $6.00 and avg down. Better think twice before plunging in. I first looked at Capitaland a few yesr back was $2.30 and it went all the way up to $9.00. If apply Fibonacci retracement, it will be $4.00-$4.20. If add on mkt sentiment lately, it MIGHT retrace back to $3.50. Good luck folks, trace cautiously.


 
 
HLJHLJ
    19-Aug-2008 19:12  
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One simple rule is use MA crossover or Macd.  Buy in parts. At least there is a method to follow. If wrong, no regret, because we follow our method and buying in parts.

According to MA and MACD, this can wait. Maybe a few more days and then decide.



cheongwee      ( Date: 19-Aug-2008 16:57) Posted:

Yes, you are wise, me bought 1.7..you believe???

Time here again to collect cheap stock the bear are giving. But remember to collect solid one like this one that will cheong when market turn around.

Any recommendation? thanks. Now looking at blues onli. Not buying so soon.

But i thing i am not sure is that stock will get even cheaper if recession drag on. So i think it is safew to buy in trenches and take our time. Maybe right now it is still early. 

But the S&P look quite bullish..i think there might be a short rally before it go to a long bear.

 



idesa168      ( Date: 19-Aug-2008 09:46) Posted:

Yes, it will rebound someday, but when? It's the multi Million Dollar question! A lot of ppl thinks it the bottom now and try fishing...well these ppl have been buying since $6.00 and avg down. Better think twice before plunging in. I first looked at Capitaland a few yesr back was $2.30 and it went all the way up to $9.00. If apply Fibonacci retracement, it will be $4.00-$4.20. If add on mkt sentiment lately, it MIGHT retrace back to $3.50. Good luck folks, trace cautiously.


 
 
cheongwee
    19-Aug-2008 16:57  
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Yes, you are wise, me bought 1.7..you believe???

Time here again to collect cheap stock the bear are giving. But remember to collect solid one like this one that will cheong when market turn around.

Any recommendation? thanks. Now looking at blues onli. Not buying so soon.

But i thing i am not sure is that stock will get even cheaper if recession drag on. So i think it is safew to buy in trenches and take our time. Maybe right now it is still early. 

But the S&P look quite bullish..i think there might be a short rally before it go to a long bear.

 



idesa168      ( Date: 19-Aug-2008 09:46) Posted:

Yes, it will rebound someday, but when? It's the multi Million Dollar question! A lot of ppl thinks it the bottom now and try fishing...well these ppl have been buying since $6.00 and avg down. Better think twice before plunging in. I first looked at Capitaland a few yesr back was $2.30 and it went all the way up to $9.00. If apply Fibonacci retracement, it will be $4.00-$4.20. If add on mkt sentiment lately, it MIGHT retrace back to $3.50. Good luck folks, trace cautiously.

 
 
idesa168
    19-Aug-2008 16:10  
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all underwater now....
 

 
singaporegal
    19-Aug-2008 15:57  
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Still looking bearish.... be cautious
 
 
idesa168
    19-Aug-2008 09:46  
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Yes, it will rebound someday, but when? It's the multi Million Dollar question! A lot of ppl thinks it the bottom now and try fishing...well these ppl have been buying since $6.00 and avg down. Better think twice before plunging in. I first looked at Capitaland a few yesr back was $2.30 and it went all the way up to $9.00. If apply Fibonacci retracement, it will be $4.00-$4.20. If add on mkt sentiment lately, it MIGHT retrace back to $3.50. Good luck folks, trace cautiously.
 
 
aleoleo
    19-Aug-2008 09:36  
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buy up ~~ shall we ? this fellow should rebound soon... ?   Smiley
 
 
ruanlai
    19-Aug-2008 09:27  
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xiao liao......drop back to below $2 soon......
 
 
winsontkl
    18-Aug-2008 21:27  
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Hosei yao lah....$4.50 within range...
 

 
vostro
    18-Aug-2008 19:57  
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CapitaLand sanked to 4.71 today.

The market is so fragile. Any news whether good or bad will be greeted with a sell down.
CapitaLand announced today that its stake in Australand now at 64.9%. 
 
 
winsontkl
    16-Aug-2008 02:03  
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Thanks Singaporegal,

will wait further ....maybe around $4.50 level or so since it is still bearish.



singaporegal      ( Date: 15-Aug-2008 11:48) Posted:

hi, sorry for the late reply. I have been busy the past few days and the market is so BORING....

TA for this counter still looks bad. Bearish looking Acc/Dist and Chaikin charts.  



winsontkl      ( Date: 11-Aug-2008 23:16) Posted:



Nice rebound today, but will wait.... somehow don't feel good at the moment...

Singaporegal, your TA views is much appreciated.


 
 
teeth53
    15-Aug-2008 16:52  
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On profit taking after again hitting +$5/-.......

teeth53 tot: Local property prices can still drop, given those (demand) are not around to pick up just yet, alot will take part to risk buying into it while some will take profit d moment when price move up which is enuff to make them richer by a few thousand $$$. The trick is when demand is low...buy, then sell for whatever price may have move up when demand is high. Profit this day may not be great. Pls note Nov07 slide & now.....

Capitaland 4.950 4.940 -0.060ct -1.2ct Vol: 21,127,000 97,000 4.940 4.950 91,000 4.990 4.890
 
 
singaporegal
    15-Aug-2008 11:48  
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hi, sorry for the late reply. I have been busy the past few days and the market is so BORING....

TA for this counter still looks bad. Bearish looking Acc/Dist and Chaikin charts.  



winsontkl      ( Date: 11-Aug-2008 23:16) Posted:



Nice rebound today, but will wait.... somehow don't feel good at the moment...

Singaporegal, your TA views is much appreciated.

 
 
winsontkl
    13-Aug-2008 21:56  
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Oh ho.....shot pass $5 mark....will it last???
 
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