A friend of mine booked his car before Chinese New Year as they gave him a high trade-in value for his current 8 years old car. 2 days after he booked his car, another agent from another car model which he did not purchase from, send him a text on a one day promo of 15% discount off the model he was looking at. For first time, for that particular model, after discount, it will be below $100K. He thought I would be interested and thus forwarded the text to me. Frankly, it prompt me to look, and being Singaporeans, we all love discount. COE closed lower for the first time from the last bidding exercise, as shown in the table and chart below. I didnt know there is such a nice chart, do you guys see what I am seeing ...... Ha.... yes, looks like chart of moving average. ......