Tags: Genting Hong Kong | Genting Singapore | Genting Singapore Plc

WRITTEN BY THE EDGE

WEDNESDAY, 29 SEPTEMBER 2010 14:04

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Singapore shares holding above water but further gains limited as investors cautious after solid gains recently, says Dow Jones. STI +0.5% at 3,112.62 midday, with immediate resistance at year-to-date high of 3,125. Market breadth at over 3 gainers for every decliner, but overall volume light at 1.06 billion shares worth $931.9 million, with Genting Singapore (G13.SG), Genting Hong Kong (S21.SG) most active. Genting Singapore +0.5% at $1.96, Genting Hong Kong +4.7% at US$0.45, recouping part of yesterday's hefty losses prompted by Genting Singapore CEO's stake reduction via sale in open market. "The market is not doing that badly. Some profit-taking is to be expected as prices cannot go up everyday," says broker at Singapore bank.

certainly... I booked at 1.85... now upgrade to 1.90... I got it at 1.95 yesterday... you think this is headache or not??? somemore I am working in the office..... lagi headache.

I totally agree with, and subscribe to, the idea of time-frames...

    But translated into daily living (stock playing is life)..

        it is not such a strightforward matter...

purelotus      ( Date: 29-Sep-2010 11:41) Posted: I think maybe, he might not dropped his pant if he can foresee/predict the market still have room to go up on every dip. In other word, depend whether you are hourly, daily, weekly, monthly trader. Some trader/investor care about few cent drop, but he maybe to look at the bigger picture of this bull market before it end. iPunter      ( Date: 29-Sep-2010 10:37) Posted: But the thing is that the one who called for others     to 'buy on dips' last week may be shivering in his own pants by now..         if his pants hasn't dropped down already..

please  do not  call me sifu

i  just  share  my  views

which are  not  a  call to buy  or  to  sell.

yOu  need  to  think  ahead  of  any  reversal

you need to have a planned reversal table

listing  down each target price and corresponding target quantity you want to execute   

BEFORE  any  reversal  happens.

so  that  when the reversal  comes,

yOU  jUst  execUte  accOrdIng  tO  yOU  reversal  table.

reversal  table  needs  tO  be  revIsed  daIly.

when  reversal  cOmes,  there  Is  nOt  tIme  tO  thInk.

Yup, I was there at those prices and still holding.

Have Faith. 

been watching this counter for quite some times.

ROLLER COASTER !

cheers,

niuyear      ( Date: 29-Sep-2010 12:11) Posted: ytd cant close  $2,   today may be can close $2 bishan22      ( Date: 29-Sep-2010 12:05) Posted: 1.97 liao .