What worries me is that it broke down below 2.42,a retracement target from 2.62 yesterday n i may be rite this time that it will hold abv 2.22 over the short term n i wud take a chance to add if it gets near it.

Cud have made a wrong count,think we have to wait to confirm that current corrective wave is over b4 we can jump in.It shud not break 2.05 over the short-med term within this corrective wave which i suspect it is a Wave 2 major corrective wave within the major uptrend.Meanwhile,i take current downwave as the 1st corrective downleg n the support shud come at 2.28-2.30 area today.Dont chase to buy abv 2.45 over the short term until the picture is clearer for the next major upleg.

CT...u r rite esp it comes down from such high level.

U might have to avg it again at 1.01-1.04 again if 1.10 supp breaks.

The 3rd minute corrective wave down is in progress,careful..

CT...have u looked at PMCorp...impulsive upmove,like tas,sersol.

Ct...I never traded this stock b4 n after looking at the chart,my count calls for a new high over the short med term.

CT...Buddy from BM asked me to consider buying n keeping it for a while,something is cooking but he wasnt told what it is?I like the chart pattern too,looks bullish.

CT...re salcon,its the daily line chart..the breakout point is at ard 0.66,sori,though it doesnt look like a classic flag.

CT..re Salcon,if u look at the line chart,it has broken out of the flag or triangle apex at ard 0.67.

CT...who wants to chat with an old man like me.When i was a bachelor,i looked like James Dean.No,some ppl thought i looked like Kirk Douglas.

CT,let me warn u abt Tas,if u intend to buy on pullbacks,please put yr stoploss at 0.98-0.99 as it wud slide all the way back down to 0.88.Good stratety for buying ard 1.10 with stoploss at 0.98-0.99.

CT...got censof 20lots...Take a look at Salcon,think u can get some clue from chart pattern from yr hammer n cup.

CT..m leaving for BM now..left order to buy cens at 0.59 oredi.Talk to u after lunch.

CT..rite,had abt 14 sen profit on 18 lots yesterday but didnt take it as i have made up my mind to keep it for med long term.Yesterday,got given at 2.48 for 15 lots.

CT...will take up for med term...intending to sell my MPHBCap n Dialog v near term.

CT...any Myeg in hand?

2.32 shud hold today...b4 up again.

M looking at it,will take a chance to average on further weakness.

Ct...4got to look at sersol,now looking at it 0.49 may be the 1st test from here..watching cens now.

Fortunebull...agree...i have quite a bit of this stock,took profit n bot back at higher level..Wave 1 to a larger extent degree. not completed.Based on my chart analysis,1st tp at 3.00 n 2nd tp lies ard 4.00.

CT... good morning,juz back from the seaside...have u heard anything abt TA Sec....rumours that it may be taken over by Maybank or Cimb.

CT...got smashed at 2.48,myeg, juz a while ago.

CT... m still looking at censof to buy for med term for 0.645 n 0.69.

CT...honestly,i dont even own a book on wave theory n standard charting.I hate reading books.

CT...i learned wave counts not from books,i read from media n tried to absorb them n improved them later when i first started.Many viewers came to visit me to learn from me.V recently,some remisiers requested me to give a talk abt wave theory but i declined.

CT...of u look at the daily line chart,wave 1 up 34-54,wave 2 down 54-47.5,now its within wave 3 up.....all these count r within the Wave 1 major to a larger extent.

its stuck within range 2.01-2.11 but will look better next week.Buy dips.

CT...yes i know n fs day nearing....i will collect some later today n add more if it dips further.From my chart analysis,its a buy on pullback with stoploss on a close below 0.53.My tps r 0.645 n 0.69 for short n med term respectively.

CT....m waiting to jump in...still have quite a bit of money after selling some of my stocks which i had held for months.M looking to add MYEG as well.

CT...Gd morning,still holding on to youe censof?

CT...rm3 since it is meant for med term.

CT...hehe,thats a good one,wish u luck!

CT...yes CT..using part of my sales this morning to take it up for med term.

CT...E&O is a tiny loss to me but cudnt take it,hehe.Wave 1 major of larger extent degree ended at 2.22 from 0.80,Wave 2,corrective wave ended at 1.60,now we r at wave 3 major from 1.60 n current is the 3rd of 3rd major of larger extent.

CT...sold skpetro n ihh this morning...have put in some money at 2.48..juz the equality target on the upside is 3rgt..what abt the 1.618 of wave 1 major or extent degree....3.90.

CT...have u looked at myeg chart?

Unless u c some retracement on the downside,its v risky to chase rallies to buy as the 3rd major is extremely overextended n buying on any pullbacks from higher levels ie abv 1.26,is not advisable.Better not to look at it unless u c it below 1.00 to buy for contras.

CT..congrats...

CT... if i m rite,1.04 will be tested 1st n it cud even go lower...0.96

CT...i will be rite if 1.20 is not breached on the former.

CT...on the other hand,it cud be minor 4th consolidation with wave "a"completed at 1.10 n now back up on wave "b" with c,d n e not seen yet.It remains to be seen if 1.26 res can be breached or not,if over,my both count is wrong.Then, it looks like it is the final minor 5th of 3rd major in progress for new high towards 1.38.

CT,re tas,the minor wave 1 is down from 1.26 to 1.10,current is wave 2 up n it shud not break 1.26 as the corrective wave 3 shud be down below 1.10.

CT...klci is heading towards 1808 minimum downside target on current downside correction n cud find support at 1804.

CT...sori with my remisier juz now...CT,inverted SHS or inverted HS r not classic formation in standard charting analysis.So,juz ignore what u have read.

CT..wl look into it later..m busy at the moment.tq

Gd morning...m ok.u better take a rest today.Yr counters r doing fine n more upticks shud be seen today.

A close abv 2.07 wud signal a turning point for retest of res 2.11 n 2.16.For today,supp at 1.99 should hold.

As it is approaching its final upleg within the 3rd major,buying on rallies might be high risk for contra player.There isnt much room on the upside abv 1.26.Below 1.04,support is at 0.96.1.10 shud act as a minor support now,n it happens to be one of the retracement targets.After going thru the past few days short term chart,the final upside objective cud be 1.38 instead of 1.43-1.46.

Moon NG...i cut quite a big portion of it at 2.14 which is my avg...now,tears dropping out of my eyes..shall i buy on further weakness to avg it again while it is still within the bullish pattern on the chart?As planned,i wud take it out at 2.00 though i expect the support shud come in at 1.95-1.97 zone.