Ha ha, comrade, tks for d clarification, a good ana.

Yes it closed at 0.36 on 24 Oct 08. And 0.32 on 9 Mar 09.

End 30 Nov 09, it closed at 1.07. Others could hv bot below 1.09 before 15 Dec 09, n now hoe shei liao. They hv to thanks u for your far sighetedness.

Cheers for all vested.

I posted a strong buy 1 month before Genting broke out of its triangle. It is now a 5th and final wave. Even if one doesn't undertsand wave counts, you just need to check your RSI and MACD chart. Both are not registering a sharper and higher highs like the price charts and in fact, both charts are diverging from the price chart, which support that this is the last rally effort. My call now is a SELL into strength.

The next correction wave should take Genting all the way down to its October 08 lows but should not be lower than that. And I repeat that Genting truly is one of the few real Bull rally counters as compared to the other Bear rally counters. Don't let the next wave down serve you up on a platter ! 

Hes treating Genting like any ordinary shares :) It will stick around $1.24 - $1.36 for a while before it shoot up again.

$1.24 is the true support !

Ha ha, dear comrade, your contents r highly professional n only d same professional can understand wat they meant. Others r really wish to understand wat d content wanted to advocate.

Perhaps just state is it a Buy, Sell or Hold call, at wat price n d duration for action. Ie after Coy FY report, pre Lunar N/Y rally, etc.

Cheers for your invaluable TA.

You very smart. Give you A star !

Genting is one of the very rare counter in STI copmponent that is spotting an "real" impulsive bull rally wave. (Most others are in a bear rally). But currently, the traingle breakout already warns that a 5th wave is already subdividing. The next primamry wave 2 should correct 90% (at least) of the whole Primary wave 1 which started in Oct 2008 before the next real bull wave 3 begins.

According to the WAVES, 2010 January 10 will be S$1.43 or Above........

By Chinese New Year will be S$1.58 or Above........

And So On........

victorf      ( Date: 31-Dec-2009 10:39) Posted: as said, you need to know the "house"....no reach $1.32 for the tail of $1.16-$1.32 wave, the house will not be happy....whether will reach another wave or oscillate within this wave will depend on market sentiment (even the "house" will not know)....good luck :) victorf Veteran 29-Dec-2009 12:29      About victorf      Contact       Quote!           x 0 x 0 Alert Admin even if one were to gamble, you must understand the "house"...use the following wave as guide...tomorrow the market will decide for year 2010 short term (in term of days and weeks) trend....good luck :) Use the following waves as guide....$1.03-$1.16, $1.16-$1.32, $1.32-$1.43,$1.43-$1.58...good luck :) Use $1.16 as cut loss point or trailing stop for profit in short term