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Wing Tai    Last:1.17   -

Wing Tai

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elfinchilde
    27-Dec-2006 17:20  
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heya singaporegal, yep, noted. thanks! :)
 
 
singaporegal
    27-Dec-2006 16:29  
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Hey elf,

Allcoreit seems to be uptrending now. But a note of caution.. volumes are dropping and interest seems to be oozing off.
 
 
iPunter
    27-Dec-2006 15:48  
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Elfin...

If you had mentioned this one to me a few days ago,  I would have entered at 0.975. (I totally missed scanning this one).

Anyway it appears strong still and if you enter at 103/104, there's a good chance of it rewarding you with one more spurt upward at least.
 

 
elfinchilde
    27-Dec-2006 15:35  
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hey singaporegal...don't go to sleep....elf would like a bit of advice here, if you don't mind. :) allco reits--worthwhile going in at 1.04?
 
 
cng444
    27-Dec-2006 15:27  
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really need alot of patience here and Uic
 
 
iPunter
    27-Dec-2006 15:16  
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Have patience... big boys have patience...

You must behave like a big girl... hehe... :)
 

 
singaporegal
    27-Dec-2006 14:52  
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A little sleepy today still.... I'm still vested
 
 
cng444
    27-Dec-2006 00:33  
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ic, tks
 
 
iPunter
    27-Dec-2006 00:16  
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This is a group/sector phenomenon...
 
 
cng444
    26-Dec-2006 23:32  
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hi iPunter, can share with us what make u say that the price will soar ?
 
 

 
singaporegal
    26-Dec-2006 21:47  
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Yup... busy busy day after a long weekend...  
 
 
iPunter
    26-Dec-2006 21:46  
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Ah... it's so good to see you back in here...  :)
 
 
iPunter
    26-Dec-2006 21:45  
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If  I am not wrong, this one is going to soar until you have a permanent broad smile... :)
 
 
singaporegal
    26-Dec-2006 21:44  
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iPunter is right!

Volumes are everything!
 
 
iPunter
    26-Dec-2006 21:10  
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Today's pullback to 2.35 was on a miniscule volume of 197 lots as compared with the 10m lots on the uptrust. And the magnitude and extent of the pullback is still the parameters of TA.

The uptrend is therefore still intact and there need not be any worry at this stage. Furthermore, the overall sentiment in this sector is still extremely bullish.... :)
 

 
singaporegal
    25-Dec-2006 20:35  
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Hi iPunter,

Thanks for the word of caution. You're right that buying interest has weakened somewhat. But I believe its still on an uptrend.

Lets see what happens in the next couple of days.
 
 
iPunter
    25-Dec-2006 20:23  
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Sporeguy...

Idiot Wave theory is more applicable to commodity future trading coz there's virtually no limit to how high prices can go if a commodity becomes real scarce. But for stocks, especially in our local market, you'd be lucky if prices can traverse  two to three waves before a free-fall back or move sideways.
 
 
Sporeguy
    25-Dec-2006 18:16  
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The  4th wave dropped from $2 to $1.31. So 1.618x69c=112c increase for 5th wave so peak will be $1.31+1.12=$2.43. Looks iPunter hits the right observation.
 
 
iPunter
    25-Dec-2006 16:37  
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Singaporegal...

Wing Tai seems to have hit a peak of 2.37, as it appears to have weakened somewhat since, and it does not feel like a normal pull-back from the high.

So if up are still in this one, it is well you do a more detailed precautionary check with the updated data..
 
 
singaporegal
    23-Dec-2006 15:51  
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Haha... yeah.... I will!
 
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