Genting Sing
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can we turn this into US stock forum ? :P
out at .695 for GAR. realised loss of 300+ should have taken the chance to bail when i broke even at .75, but alas, greed set in. this morning wanted to sell at .705, but think nvm la just as long as .7 support holds, i also stick. but it broke, and so i sold. ok
bye bye guys.
His costs is just USD1,000 if he bought 10 lots. Every lot is 100 shares in States.
BullishTempo ( Date: 15-Feb-2011 11:08) Posted:
LoL
Imagine he bought just 10 lots at US $1.
That would cost him US $10,000 (2 years ago)
Profits would be : 10 lots x $39 = $390,000 (after deducting cost)
If we are to follow your friend, we could do the easy thing and just buy GenSp now at near $2 and wait for 2 to 3 years, without trading it. Just patiently wait for 2 to 3 years.
But unlikely GenSp will ever reach $20 or $40 like LVS. Probably more like $4 to $5.
artng25 ( Date: 15-Feb-2011 10:54) Posted:
| LVS, just last Friday, a friend told me he bought LVS at US$1+ 2 years back and just sold it a few weeks ago at US$40+. 'Mouth Agape'
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LoL
Imagine he bought just 10 lots at US $1.
That would cost him US $10,000 (2 years ago)
Profits would be : 10 lots x $39 = $390,000 (after deducting cost)
If we are to follow your friend, we could do the easy thing and just buy GenSp now at near $2 and wait for 2 to 3 years, without trading it. Just patiently wait for 2 to 3 years.
But unlikely GenSp will ever reach $20 or $40 like LVS. Probably more like $4 to $5.
artng25 ( Date: 15-Feb-2011 10:54) Posted:
LVS, just last Friday, a friend told me he bought LVS at US$1+ 2 years back and just sold it a few weeks ago at US$40+. 'Mouth Agape'
BullishTempo ( Date: 15-Feb-2011 10:46) Posted:
You can start with the Dow, or Nasdaq or S& P components.
http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average
Or you can choose from thousands of other counters, like Las Vegas Sands (LVS), etc..
When a market is flushed with liquidity, it will lift the majority of counters with reasonable earnings.
When a market lacks investor interest, even good earnings will not see the price going up reasonably.
Come back to Asia markets again when inflation issues are over and China is done with raising interest rates.
Reports indicate another 2 or 3 interest rate hikes from China this year. And the next hike could be as soon as March 2011.
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LVS, just last Friday, a friend told me he bought LVS at US$1+ 2 years back and just sold it a few weeks ago at US$40+.
'Mouth Agape'
BullishTempo ( Date: 15-Feb-2011 10:46) Posted:
You can start with the Dow, or Nasdaq or S& P components.
http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average
Or you can choose from thousands of other counters, like Las Vegas Sands (LVS), etc..
When a market is flushed with liquidity, it will lift the majority of counters with reasonable earnings.
When a market lacks investor interest, even good earnings will not see the price going up reasonably.
Come back to Asia markets again when inflation issues are over and China is done with raising interest rates.
Reports indicate another 2 or 3 interest rate hikes from China this year. And the next hike could be as soon as March 2011.
crystal1818 ( Date: 15-Feb-2011 10:34) Posted:
Hi BT
Erm, can share with us what US stocks you are eyeing? :P So, we can also follow you in the hope of making some $$$. :)
Thanks |
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You can start with the Dow, or Nasdaq or S& P components.
http://en.wikipedia.org/wiki/Dow_Jones_Industrial_AverageOr you can choose from thousands of other counters, like Las Vegas Sands (LVS), etc..
When a market is flushed with liquidity, it will lift the majority of counters with reasonable earnings.
When a market lacks investor interest, even good earnings will not see the price going up reasonably.
Come back to Asia markets again when inflation issues are over and China is done with raising interest rates.
Reports indicate another 2 or 3 interest rate hikes from China this year. And the next hike could be as soon as March 2011.
crystal1818 ( Date: 15-Feb-2011 10:34) Posted:
Hi BT
Erm, can share with us what US stocks you are eyeing? :P So, we can also follow you in the hope of making some $$$. :)
Thanks.
BullishTempo ( Date: 15-Feb-2011 10:21) Posted:
Remember what I said about the dead cat bounce for STI yesterday. Look at the volumes these days.
http://en.wikipedia.org/wiki/Dead_cat_bounce
Investor money is out of this market. Go where the money trail leads you, and the trail does not end in Asia.
I have funded a US trading account and will be out of STI by tomorrow. But I will only enter after the US market correction.
All the best guys  |
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That maybe sometime in 'March'
BullishTempo ( Date: 15-Feb-2011 10:21) Posted:
Remember what I said about the dead cat bounce for STI yesterday. Look at the volumes these days.
http://en.wikipedia.org/wiki/Dead_cat_bounce
Investor money is out of this market. Go where the money trail leads you, and the trail does not end in Asia.
I have funded a US trading account and will be out of STI by tomorrow. But I will only enter after the US market correction.
All the best guys
yummygd ( Date: 15-Feb-2011 10:12) Posted:
| omg vol even smaller den yesterday so far.... |
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Hi BT
Erm, can share with us what US stocks you are eyeing? :P So, we can also follow you in the hope of making some $$$. :)
Thanks.
BullishTempo ( Date: 15-Feb-2011 10:21) Posted:
Remember what I said about the dead cat bounce for STI yesterday. Look at the volumes these days.
http://en.wikipedia.org/wiki/Dead_cat_bounce
Investor money is out of this market. Go where the money trail leads you, and the trail does not end in Asia.
I have funded a US trading account and will be out of STI by tomorrow. But I will only enter after the US market correction.
All the best guys
yummygd ( Date: 15-Feb-2011 10:12) Posted:
| omg vol even smaller den yesterday so far.... |
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I strongly recommend you guys to divorce yourselves from the Sg market like our BT and go to the US markets not without a reason. You see the sg market, it is a poor man's market though rich in ninja skills. An average Joe will not make money from sgx but constantly losing because of the structure (character) the market is made of. The US market is large and dynamic and you can make a good bundle if you do a little bit of following some of the analysts on the websites, hundreds of them. The main key to make money is not to be greedy. You can make a few hundred dollars everyday if you are not greedy, but here in SGX you will lose money Cheers.
glp is so bearish
but i dunno a thing about us trading. I tried looking /monitoring it once n den was distracted by e color display...ended up staring at it like a lava lamp....so addictive.Den i told myself....not there yet dun even think about it. trading is way too fast for someone like me.
BullishTempo ( Date: 15-Feb-2011 10:21) Posted:
Remember what I said about the dead cat bounce for STI yesterday. Look at the volumes these days.
http://en.wikipedia.org/wiki/Dead_cat_bounce
Investor money is out of this market. Go where the money trail leads you, and the trail does not end in Asia.
I have funded a US trading account and will be out of STI by tomorrow. But I will only enter after the US market correction.
All the best guys
yummygd ( Date: 15-Feb-2011 10:12) Posted:
| omg vol even smaller den yesterday so far.... |
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please do post news and good buys for the US side.....
i am currently vested in citigroup (C) :D
BullishTempo ( Date: 15-Feb-2011 10:21) Posted:
Remember what I said about the dead cat bounce for STI yesterday. Look at the volumes these days.
http://en.wikipedia.org/wiki/Dead_cat_bounce
Investor money is out of this market. Go where the money trail leads you, and the trail does not end in Asia.
I have funded a US trading account and will be out of STI by tomorrow. But I will only enter after the US market correction.
All the best guys
yummygd ( Date: 15-Feb-2011 10:12) Posted:
| omg vol even smaller den yesterday so far.... |
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What counters are you eyeing on in the US, can share for discussion?
Remember what I said about the dead cat bounce for STI yesterday. Look at the volumes these days.
http://en.wikipedia.org/wiki/Dead_cat_bounceInvestor money is out of this market. Go where the money trail leads you, and the trail does not end in Asia.
I have funded a US trading account and will be out of STI by tomorrow. But I will only enter after the US market correction.
All the best guys
yummygd ( Date: 15-Feb-2011 10:12) Posted:
| omg vol even smaller den yesterday so far.... |
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haha den those who bought yesterday now eating potato chips
cannotfind ( Date: 15-Feb-2011 10:14) Posted:
hehe... today blue chip also become red chip
yummygd ( Date: 15-Feb-2011 10:10) Posted:
| yesterday up only e blue stocks e rest not much movements what. |
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hehe... today blue chip also become red chip
yummygd ( Date: 15-Feb-2011 10:10) Posted:
| yesterday up only e blue stocks e rest not much movements what. |
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omg vol even smaller den yesterday so far....
yesterday up only e blue stocks e rest not much movements what.
meetings saved me yesterday. Didn't buy anything.... any news what is happening?
yeh.. cut NOL at 2cents lost. wait for chance again.
Gaecia ( Date: 15-Feb-2011 09:48) Posted:
Sorry, i was away. The broad market components retreating today, not buying. |
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