Genting Sing Last:0.665

+0.04

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Can we all camp at your place ?

BullishTempo ( Date: 16-Feb-2011 09:50) Posted:

lol night class? Roti boy you are so cute Smiley

US correction coming soon, watch out for it.

rotijai ( Date: 16-Feb-2011 09:42) Posted:

agreed.

gonna apply us trading acc soon.. will u still coach us in US market? we can have night class :P

anyway, i rmb that u said we will wait for correction firs

lol night class? Roti boy you are so cute Smiley

US correction coming soon, watch out for it.

rotijai ( Date: 16-Feb-2011 09:42) Posted:

agreed.

gonna apply us trading acc soon.. will u still coach us in US market? we can have night class :P

anyway, i rmb that u said we will wait for correction first

BullishTempo ( Date: 16-Feb-2011 09:34) Posted:

After China is done with raising interest rates and inflation is no longer an issue in Asia.

Reports indicate China will have about 3 more interest rate hikes to go, next one could be as soon as March.

Inflation became a real issue because of overheating of emerging markets growing at breakneck speeds. And this is worsened by bad weather which reduced commodity supplies. And to make it even worse, US is printing money like no tomorrow.

All of these factors cause inflation to fly through the roof. Emerging markets is more badly hit by inflation because this is where the growth is. US is actually the beneficiary of this chaos because now money is flowing from emerging markets back to them. A huge political game behind the scenes if you can see what I mean.

And the usual monetary policy to deal with inflation is to raise interest rates. And in theory, higher interest rates means higher cost of loans, and thus bad for business in general.

Inflation will not suddenly be resolved in a week or two. More likely about a year or so.

can I refer you? I will get free trades :D

rotijai ( Date: 16-Feb-2011 09:42) Posted:

agreed.

gonna apply us trading acc soon.. will u still coach us in US market? we can have night class :P

anyway, i rmb that u said we will wait for correction first

BullishTempo ( Date: 16-Feb-2011 09:34) Posted:

After China is done with raising interest rates and inflation is no longer an issue in Asia.

Reports indicate China will have about 3 more interest rate hikes to go, next one could be as soon as March.

Inflation became a real issue because of overheating of emerging markets growing at breakneck speeds. And this is worsened by bad weather which reduced commodity supplies. And to make it even worse, US is printing money like no tomorrow.

All of these factors cause inflation to fly through the roof. Emerging markets is more badly hit by inflation because this is where the growth is. US is actually the beneficiary of this chaos because now money is flowing from emerging markets back to them. A huge political game behind the scenes if you can see what I mean.

And the usual monetary policy to deal with inflation is to raise interest rates. And in theory, higher interest rates means higher cost of loans, and thus bad for business in general.

Inflation will not suddenly be resolved in a week or two. More likely about a year or so.

agreed.

gonna apply us trading acc soon.. will u still coach us in US market? we can have night class :P

anyway, i rmb that u said we will wait for correction first

BullishTempo ( Date: 16-Feb-2011 09:34) Posted:

After China is done with raising interest rates and inflation is no longer an issue in Asia.

Reports indicate China will have about 3 more interest rate hikes to go, next one could be as soon as March.

Inflation became a real issue because of overheating of emerging markets growing at breakneck speeds. And this is worsened by bad weather which reduced commodity supplies. And to make it even worse, US is printing money like no tomorrow.

All of these factors cause inflation to fly through the roof. Emerging markets is more badly hit by inflation because this is where the growth is. US is actually the beneficiary of this chaos because now money is flowing from emerging markets back to them. A huge political game behind the scenes if you can see what I mean.

And the usual monetary policy to deal with inflation is to raise interest rates. And in theory, higher interest rates means higher cost of loans, and thus bad for business in general.

Inflation will not suddenly be resolved in a week or two. More likely about a year or so.

rotijai ( Date: 16-Feb-2011 09:26) Posted:

i am relatively new to finance sector.. :/

well, it's obvious that the $ are flowing out. but we have no idea when the $ are coming back.

After China is done with raising interest rates and inflation is no longer an issue in Asia.

Reports indicate China will have about 3 more interest rate hikes to go, next one could be as soon as March.

Inflation became a real issue because of overheating of emerging markets growing at breakneck speeds. And this is worsened by bad weather which reduced commodity supplies. And to make it even worse, US is printing money like no tomorrow.

All of these factors cause inflation to fly through the roof. Emerging markets is more badly hit by inflation because this is where the growth is. US is actually the beneficiary of this chaos because now money is flowing from emerging markets back to them. A huge political game behind the scenes if you can see what I mean.

And the usual monetary policy to deal with inflation is to raise interest rates. And in theory, higher interest rates means higher cost of loans, and thus bad for business in general.

Inflation will not suddenly be resolved in a week or two. More likely about a year or so.

rotijai ( Date: 16-Feb-2011 09:26) Posted:

i am relatively new to finance sector.. :/

well, it's obvious that the $ are flowing out. but we have no idea when the $ are coming back..

BullishTempo ( Date: 16-Feb-2011 09:10) Posted:

Hi Roti Boy, you work in the finance sector, so I guess you should know better than I do Smiley

Go where the money trail leads you. When you see profitable companies report good earnings that beat estimates but no investors are interested, you know the money is no longer in this market. STXOSV was one such signal.

The only confirmation signals left I am waiting to see is NoL and GenSp.

Not vested in any counters at the moment.

If I am right, I expect STI to move in a mostly sideways manner this year at best.

yea

epliew ( Date: 16-Feb-2011 09:32) Posted:

u working in the IT department ?

rotijai ( Date: 16-Feb-2011 09:26) Posted:

i am relatively new to finance sector.. :/

well, it's obvious that the $ are flowing out. but we have no idea when the $ are coming back.

u working in the IT department ?

rotijai ( Date: 16-Feb-2011 09:26) Posted:

i am relatively new to finance sector.. :/

well, it's obvious that the $ are flowing out. but we have no idea when the $ are coming back..

BullishTempo ( Date: 16-Feb-2011 09:10) Posted:

Hi Roti Boy, you work in the finance sector, so I guess you should know better than I do Smiley

Go where the money trail leads you. When you see profitable companies report good earnings that beat estimates but no investors are interested, you know the money is no longer in this market. STXOSV was one such signal.

The only confirmation signals left I am waiting to see is NoL and GenSp.

Not vested in any counters at the moment.

If I am right, I expect STI to move in a mostly sideways manner this year at best.

his cut loss triggered

epliew ( Date: 16-Feb-2011 09:31) Posted:

i thought you bought genting sp @ 2.0x last week ?

BullishTempo ( Date: 16-Feb-2011 09:10) Posted:

Hi Roti Boy, you work in the finance sector, so I guess you should know better than I do Smiley

Go where the money trail leads you. When you see profitable companies report good earnings that beat estimates but no investors are interested, you know the money is no longer in this market. STXOSV was one such signal.

The only confirmation signals left I am waiting to see is NoL and GenSp.

Not vested in any counters at the moment.

If I am right, I expect STI to move in a mostly sideways manner this year at best.

i thought you bought genting sp @ 2.0x last week ?

BullishTempo ( Date: 16-Feb-2011 09:10) Posted:

Hi Roti Boy, you work in the finance sector, so I guess you should know better than I do Smiley

Go where the money trail leads you. When you see profitable companies report good earnings that beat estimates but no investors are interested, you know the money is no longer in this market. STXOSV was one such signal.

The only confirmation signals left I am waiting to see is NoL and GenSp.

Not vested in any counters at the moment.

If I am right, I expect STI to move in a mostly sideways manner this year at best.

rotijai ( Date: 16-Feb-2011 08:55) Posted:

BT, does that mean the flow might not be coming back any sooner (not within these 6 months)

i am relatively new to finance sector.. :/

well, it's obvious that the $ are flowing out. but we have no idea when the $ are coming back..

BullishTempo ( Date: 16-Feb-2011 09:10) Posted:

Hi Roti Boy, you work in the finance sector, so I guess you should know better than I do Smiley

Go where the money trail leads you. When you see profitable companies report good earnings that beat estimates but no investors are interested, you know the money is no longer in this market. STXOSV was one such signal.

The only confirmation signals left I am waiting to see is NoL and GenSp.

Not vested in any counters at the moment.

If I am right, I expect STI to move in a mostly sideways manner this year at best.

rotijai ( Date: 16-Feb-2011 08:55) Posted:

BT, does that mean the flow might not be coming back any sooner (not within these 6 months)

Hi Roti Boy, you work in the finance sector, so I guess you should know better than I do Smiley

Go where the money trail leads you. When you see profitable companies report good earnings that beat estimates but no investors are interested, you know the money is no longer in this market. STXOSV was one such signal.

The only confirmation signals left I am waiting to see is NoL and GenSp.

Not vested in any counters at the moment.

If I am right, I expect STI to move in a mostly sideways manner this year at best.

rotijai ( Date: 16-Feb-2011 08:55) Posted:

BT, does that mean the flow might not be coming back any sooner (not within these 6 months) ?

BullishTempo ( Date: 16-Feb-2011 07:32) Posted:

It notes the recent market volatility is in-line with its view that 2011 is likely to be choppy given the uncertain external environment. “Other than inflationary fears, fund flows switching to developed markets on relative valuation grounds have also contributed to the market’s YTD fall.”

BT, does that mean the flow might not be coming back any sooner (not within these 6 months) ?

BullishTempo ( Date: 16-Feb-2011 07:32) Posted:

It notes the recent market volatility is in-line with its view that 2011 is likely to be choppy given the uncertain external environment. “Other than inflationary fears, fund flows switching to developed markets on relative valuation grounds have also contributed to the market’s YTD fall.”

US  SPORE 

It notes the recent market volatility is in-line with its view that 2011 is likely to be choppy given the uncertain external environment. “Other than inflationary fears, fund flows switching to developed markets on relative valuation grounds have also contributed to the market’s YTD fall.”

Opportunities amid STI’s recent fall - UOB KayHian

WRITTEN BY DOW JONES & CO, INC

TUESDAY, 15 FEBRUARY 2011 11:08

if you tell me that the maket is doing well and then only genting sell down then yes. maybe.. but i doubt so ... across the board sti fell quite hard and every component stock would have been affected.. i think it was a play on fear as well as panic selling.. also, i think it was a good sign because genting manage to tahan at 2.02 despite the heavy sell down till in the afternoon to catch up with the rest that had drop .

For instance, the drop in NOL by the time it was 2pm was already about the same as genting which had not drop at all.. that being said, it fell to reach about the same percentage close in losses with the rest of the other stocks.. see nothing fishy there... in fact, i take it as a positive sign that genting was a laggard meaning people are actually supporting it.. i am willing to buy and hold genting simply because i don't see how casino can't make money.. for every 1000 roulette spins.. the house is confirm + chop to make $25 .. there are 10s of such roulette wheels moving almost 24/7.. what does that tell u ? Statistics..

Also, I think that despite the fact that genting has a heavy run up the last year and may go down for correction, the fundamentals are still strong at fpe at 17.1+ is still showing signs of growth fpe of course must be better then p/e and as long as it maintains that way. i don't see why it should not have the capital appreciation.

Anyway, my dad's vested in NOL and a few other shipping firms.. i think my dad knows what he is doing and that if really gonna toh he will tell me to bail out and /or already have liquidified his positions... but the fact that he is holding and he is looking for 3600 before a major correction or stagnation.. i think i trust his years of trading experience ... not to mention a few others that i know have legitmate authority to talk about the market.. so far.. they sian that the market is down but not panicking yet.. and i'm talking about a few hundred k's here... not to mention a few house calls.. which i cannot say... insider trading rules.. but yea... i'm not bullish but i'm not a chicken without it's head crying doomsday yet.. i have my stop losses in place and where to cut it..

For me, i trade technical on my cfd and technical on forex... but if it comes to cash account i make sure i have the amount of money to hold for an indefinite period of time in case of a market crash .. and as long as fundies shows me the green light.. i don't see why should i bail out and chuck my cash away.. :P Fundies are still okay.. let's wait for the 22nd to see genting :D

For GAR.. i mentioned a LONG LONG time ago that it's going down and that it's too high and price not supported.. chart also don't support.. but then .. i dun wanna stress it cause i dun want pple to call me MFT lol ... but if u read all my posts on GAR i did say it quite awhile back... i think i have the legitmate right to say about gar cause i lost alot in it too .. and i can tell u the decent price to get is about 0.55 to 0.65 ... anything else is a run up .. and 0.90 is almost towards market crash lol

For NOL i got it a long time ago at 2.01 .. 5 lots and i'm holding still.. i see long huge upside potential for trading companies.. not till $10 .. but at least $2.70 - 2.90 before i'm willing to let go.

DMXtech can buy at about 0.38 - 0.42 range bound.. anything below that and you have a break out either way..

Genting is another story altogether.. i know that the charts are terrible and it's going down .. but somehow or rather i still think it is the bb's accumulating.... not panic sell down .. they just buy up to 2.04... say no momentum to continue higher.. let go their lots ... push it back to 2.02 or even 2 .. then buy back then up again.. etc... i told you if 2.04 doesn't hold.. then down we go.. so far it broke 2.04, 2.02 and 2... the next is it's 200 ema.. if that doesn't hold then really got fundamental issues already lol ...

To end it all, i think this quote that i learnt is true.. There's hardly any VERY reach value investors like warren buffett.. but there are also hardly ANY investors who goes bankrupt or really cannot afford to hold their shares.. there are alot of millionaaires made by Speculators.. but also alot of bankruptcies due to speculation.. the question is .do you a). have the guts b). are a risk taker c). have the capital to speculate d). no committment e). Siao like me lol ....Your market crash .. you don't lose your job... you just park your money in there and wait for it to rise again.. what's the rush? lol ..

So you choose what kinda investor you wanna be lor.. for me i learn to split it into both .. investor and speculator.. but you must know when to do what.. bulls and bears make market in the money.. but pigs get slaughtered. :D

Daniel, do you think today's GEN strong selldown could be the BBs got wind of the 4th quarter report? Maybe did not meet expectation, so they sell in strength.

Leinadgnow ( Date: 16-Feb-2011 00:32) Posted:

3121 is a good gauge .. currently we are bounded by ema 5 and this has caused a shooting star .. but with a bullish overview. Parabolic is down still with all MA's sloping down. However, MACD is on the up tick already and unless there is a divergence i see it going up. Also, we are looking at a higher low as well as a break of the bollingerband on the 14 V days... as such, usually when there is such a clear break of bollingerband, either it continues down or it bounces up to the upper quartile/ top range of the bollinger ... but like Ipunter say... all is betting.. i'm betting and so are you .. but i let my money do my betting.. i vest heavily when i think i am right and if i'm wrong. i pay the price ..simple as that.. :D

i think nowadays STI doesnt really follow US unless big problems..

teeth53 ( Date: 15-Feb-2011 23:54) Posted:

Siao liao, will tomorro STIc spell another red day ?.

http://finance.fortune.cnn.com/2011/02/09/why-exchange-mergers-are-bad-news/

Why the NYSE deal is bad news

Posted by Colin Barr February 9, 2011 2:12 pm

Deal talk has exchange stocks grooving. But more mergers spell disaster for markets already tilted dangerously in flavour of big companies and fast traders.

Siao liao, will tomorro STIc spell another red day ?.

http://finance.fortune.cnn.com/2011/02/09/why-exchange-mergers-are-bad-news/

Why the NYSE deal is bad news

Posted by Colin Barr February 9, 2011 2:12 pm

Deal talk has exchange stocks grooving. But more mergers spell disaster for markets already tilted dangerously in flavour of big companies and fast traders.

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Why the NYSE deal is bad news

Why the NYSE deal is bad news