JADI or Not? Tam Tam TAMCORP

" Whether you think you can or whether you think you can't, you're right!" ~ Henry Ford

KLCI ended flat 983.79, up 0.25 point in moderate volume. The index is expected to extend gains tomorrow on follow-through bargain hunting in blue chips, window dressing by local funds. Market under pressure for large part of day, consolidating within 977 and 984, as investors locked in gains in blue chips from last week's 1.5% rise to 6-1/2 year high of 983.54.

The CHAP AYAM INDICATOR filtered Jadi & Tamcorp for today.

JADI (7223)
Potential shoot up to RM0.36. Very Speculative. High Risk.

For 16/10/2006 the closing price was 0.33.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 0.35.
The projected lower bound is: 0.31.
CUT LOSS: 0.295


TAMCORP (0048)
Testing resistance RM0.50. Potential uptrend continuation.
Next Target RM0.55 - High Risk.

For 16/10/2006 the closing price was 0.495.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 0.53.
The projected lower bound is: 0.46.
CUT LOSS: 0.45


..And THE TOMYAM SHOPPING LIST as at 16 Oct 2006