Thursday, October 19, 2006

Evergreen & Lingui Lingo Bingo Boink Boink

"Cheer up! The worst is yet to come!" ~ Mark Twain

KLCI ends at 978.77 in moderate volume, lifted by blue chips, finance and MESDAQ issues. The benchmark likely to open higher, possibly trade within 975-980 band tomorrow but pre-weekend selling pressure and profit-taking ahead of long festive break next week may narrow gains. Wall Street's gains overnight, tame September CPI helped lift investor sentiment but intermittent profit taking narrowed gains.

The CHAP AYAM INDICATOR selected Evergrn & Lingui for today, however I'll not do any more buying bcoz I'll be gone until 29 Oct.


EVERGRN (5010)
Testing resistance 1.10/1.11. Next target 1.20/1.26. High Risk due to low volume.


For 19/10/2006 the closing price was 1.10.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1.17.
The projected lower bound is: 1.04.
CUT LOSS: 1.00

Business Activity
MFR OF MEDIUM DENSITY FIBREBOARD WOODEN FURNITURE (KNOCK-DOWN) AND DOORS


LINGUI (2011)
To test resistance 1.19. High Risk - Low volume & overheated situation. Best best near support level 1.07/1.09



For 19/10/2006 the closing price was 1.1300.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1.23.
The projected lower bound is: 1.04.
CUT LOSS: 1.00



...and THE TOMYAM MONITORING LIST>>



BOINK BOINK

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