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Genting Sing
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GenSp starts to move up again
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iPunter
Supreme |
17-Jun-2010 10:02
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The last 2 posts are great wisdom for the newbies to pick up... hehehe...  |
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Laulan
Master |
17-Jun-2010 09:58
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Sg market is a very small market, and only a handful of active traders. Another point I note is that the majority of players are the long-termers. So the buying is done and waiting quite a long time for the next activity to sell especially the prices are stubbornly not wanting to move up, but prefering to move down (See?). So generally if the manipulators are not around, there will be complete silence in the market. These manipulators are around to keep the market going and they are always around. The market needs them to move. Look at many counters, dead like corpses...not until a good soul comes up and give it a shake before it could move. So herre without this someone, a manipulator or not, you are really seeing nothing moving at all. 
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lowchia
Veteran |
17-Jun-2010 09:51
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lol there is never certainty in stocks. When the "certainty" really comes, the bubble likely to burst so run. |
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iPunter
Supreme |
17-Jun-2010 09:38
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This is an uncertainty phase for most stocks...
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AnthonyTan
Elite |
17-Jun-2010 09:25
Yells: "patience" |
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Difficult to trade in this counter at this point in time. Suspect some manipulatuion going on, e.g. 1 buyer bought abt 2.5 million at $1.11 after 5 p.m.This buyer could buy at $1.10 before 5 p.m. My observation, many big big lot done pre opening and after closing lately.Smell fishy.Vol. could be abt 250 million shares traded for some day and abt 70-80 million shares traded other day. Welcome comments.
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E-war
Veteran |
17-Jun-2010 00:10
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I'll be waiting for the next correction. Wonder if it will be a big one.
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babyboymi
Member |
16-Jun-2010 23:16
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hey man, long time no see lor. have you done some transaction during my absence? earn or lose?
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lowchia
Veteran |
16-Jun-2010 21:58
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Today Genting broke through its resistance at $1.10 and closed at $1.11 with low volume of 77.4 million shares traded. A doji star occurred (where a doji gaps above or below the previous candle). This often signals a reversal with confirmation occurring on the next bar especially when it is at its high. Both RSI & MACD are bullish as both indicators are trending upwards smoothly. Important Resistance of Genting: $1.14 Immediate Support of Genting: $1.10 Today Doji candle stick occurred together with lower trading volume indicated the lack of interest in buying up this stock and profit take may happen soon. SEE CHARTS Tomorrow might be a possible profit take by investors though it is not 100% for sure. Just look out!! |
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AK_Francis
Supreme |
16-Jun-2010 21:42
Yells: "Happy go lucky, cheers." |
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No dif, if one is cunning n d other is ambitious. Cunning one will survive, d later doom, eventually. D 3 Kingdoms say. Simply, cunning one, cut loss n sell in strength. Otherwise, hold for ever, more harm than good loh. |
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risktaker
Supreme |
16-Jun-2010 21:32
Yells: "Sometimes you think you know, but in fact you dont" |
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Genting SP has a huge market cap. Therefore theres many BB inside playing it. (Ang moh house or local BB) Its funny when enemy can be friend and friend can turn enemy sometimes :) Cao Cao and Zhou Yu are u with me or with them ? :) |
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iPunter
Supreme |
16-Jun-2010 19:24
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The most sincere comment is that this counter is superb for betting... hehehe... |
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WLBO_BB
Master |
16-Jun-2010 18:48
Yells: "Warren Look Before Others _ Buffett Best " |
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Recent correction phase may be over, but new ones could emerge, one who wish to scale in should do so cautiously and defensively. Genting, now looks like a best risk-reward investment. however i think it is a bad idea to nibble in to balance missing out and regret later... | ||||
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WLBO_BB
Master |
16-Jun-2010 18:25
Yells: "Warren Look Before Others _ Buffett Best " |
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just beware does not means short call....
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iPunter
Supreme |
16-Jun-2010 18:04
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Anthony is right... "Having no position is also a position"... One should whack only when the time is ripe.
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freshmind
Senior |
16-Jun-2010 16:53
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Greedy make ppl to be addicted into gambling and forget about the reality and the risk. | ||||
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alooloo
Veteran |
16-Jun-2010 14:57
Yells: "I am not young enough to know everything. " |
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My key word is always try to avoid "ALAMAK" That is killing blows....
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AnthonyTan
Elite |
16-Jun-2010 14:18
Yells: "patience" |
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No holding, no position but be patient and wait for clearer picture to trade. In my opinion, it is difficult to trade at this point in time. The key word is "BE PATIENT" |
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AnthonyTan
Elite |
16-Jun-2010 12:28
Yells: "patience" |
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Morning trading session, the vol is oni 57.8 million shares. |
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iPunter
Supreme |
16-Jun-2010 12:04
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Hahaha... We rejoice at what we want to see... hehehe... |
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AnthonyTan
Elite |
16-Jun-2010 12:02
Yells: "patience" |
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ipunter, the post is a good post because it fit into your mindset, hahaha
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