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GenSp starts to move up again

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pharoah88
    20-Aug-2010 12:41  
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Junket Jun"ket, v. i. To feast; to banquet; to make an entertainment; -- sometimes applied opprobriously to feasting by public officers at the public cost.

Job's children junketed and feasted together often. South.

Junket Jun"ket, v. t. [imp. & p. p. Junketed; p. pr. & vb. n. Junketing.] To give entertainment to; to feast.

The good woman took my lodgings over my head, and was in such a hurry to junket her neighbors. Walpole.

 
 
pharoah88
    20-Aug-2010 12:38  
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pharoah88
    20-Aug-2010 12:35  
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junket (n.)

1. a trip taken by an official at public expense

2. a journey taken for pleasure "many summer excursions to the shore" "it was merely a pleasure trip" "after cautious sashays into the field"

3. dessert made of sweetened milk coagulated with rennet

junket (v.)

1. partake in a feast or banquet

2. provide a feast or banquet for

3. go on a pleasure trip

 

 
pharoah88
    20-Aug-2010 12:32  
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JUNKET  LICENCE

XO  CIMB  Seminar  informed  that  Genting Singapore  submitted its  APPLICATION for JUNKET LICENCE.

APPROVAL  is  PROGRESS.

UPON  RECEIPT  OF  JUNKET  LICENCE

GENTING  SINGAPORE's  EARNINGS 

WILL  RISE  tO  the  NEXT  LEVEL.



hpong5      ( Date: 19-Aug-2010 09:31) Posted:



Genting Singapore may fall on candlestick: Technical analysis

Genting Singapore Plc, operator of one of two casino resorts in the city-state, may fall as a bearish candlestick pattern emerged after the stock surged to a record, according to OCBC Investment Research.

“Judging from the candlestick that emerged, the rally could have peaked,” Philip Teo, a technical analyst at OCBC Investment, said in an interview. “A strong correction could kick in over the next couple of days.”

Genting soared to a record close on Aug 13, a day after the company reported it returned to profitability in the second quarter on positive contributions from its casino resort in Singapore and as analysts upgraded their stocks ratings.

The stock climbed as much as 31% from the Aug 12 close through a record intra-day high of $1.68 on Aug 17 before it started falling, according to Bloomberg data. That decline helped create a long black candlestick with long upper shadow, indicating a potential reversal of the recent rally, Teo said.

“This will likely lead to a sharp correction,” Teo said. “The stock could retrace back to $1.30.” That was the previous record high set in December.

Genting Singapore rose 2% to $1.55 yesterday. That helped form a so-called harami reversal pattern, Teo said.

Candlestick charts show information on opening and closing prices and the trend within each trading period. If the closing price is above the open, the candlestick is clear, or white, indicating a bullish trend. If the stock closes lower than it opened, the candlestick is black, or bearish, according to StockCharts.com.

Harami Origins
A harami pattern is formed if the range between a security’s opening and closing prices falls within the equivalent range from the preceding day. The name, which is derived from the Japanese word for pregnancy, comes about because the body of the second day’s candle would fit within that created the day before.

Technical analysts observe price charts to forecast resistance levels, or ceilings restricting further price increases, and support levels, or floors limiting declines. They use trading patterns and prices to predict changes in a security, commodity, currency or index.


Source: Bloomberg

 
 
BullishTempo
    20-Aug-2010 12:26  
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LoL ok good answer. Thanks !

hpong5      ( Date: 20-Aug-2010 11:52) Posted:

Bear Boys vs Bull Boys....commonly know as Big Boys as a whole. Aka Beauty n e Beast as they can be your BIGGEST DREAMS Or your BIGGEST NIGHTMARES .

BullishTempo      ( Date: 20-Aug-2010 11:36) Posted:

 

BBs mean? Big Bankers???  Smiley



 
 
pharoah88
    20-Aug-2010 12:08  
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-S$0.05  @S$1.48  fOr  one  hour  ?

rphoenix      ( Date: 20-Aug-2010 11:28) Posted:



Sian. Drop little bit little bit. How to short?

Must drop 5 cents fast and go up 5 cents fast and drop 5 cents fast mah!

 

 
hpong5
    20-Aug-2010 11:52  
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Bear Boys vs Bull Boys....commonly know as Big Boys as a whole. Aka Beauty n e Beast as they can be your BIGGEST DREAMS Or your BIGGEST NIGHTMARES .

BullishTempo      ( Date: 20-Aug-2010 11:36) Posted:

 

BBs mean? Big Bankers???  Smiley



hpong5      ( Date: 20-Aug-2010 11:26) Posted:

It's the BBs against BBs now.....


 
 
BullishTempo
    20-Aug-2010 11:36  
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BBs mean? Big Bankers???  Smiley



hpong5      ( Date: 20-Aug-2010 11:26) Posted:

It's the BBs against BBs now.....

 
 
cathylmg
    20-Aug-2010 11:30  
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I am holding a bucket at $1.30
 
 
rphoenix
    20-Aug-2010 11:28  
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Sian. Drop little bit little bit. How to short?

Must drop 5 cents fast and go up 5 cents fast and drop 5 cents fast mah!
 

 
hpong5
    20-Aug-2010 11:26  
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It's the BBs against BBs now.....
 
 
BullishTempo
    20-Aug-2010 11:20  
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U guys are shorting? There is very strong support at 1.48 at the moment. And the announcement on Tuesday is coming soon. I am waiting at the sidelines for now.

hpong5      ( Date: 20-Aug-2010 11:17) Posted:

The keyword here is BEARable....William ShakesHere has spoken once again.... ......

iPunter      ( Date: 20-Aug-2010 11:15) Posted:



Seeing it drop 4c-5c a day is not as scary as seeing it drop 10c-20c a once...

   Thus, it is more bearable...

       Just like instalmants... Smiley





 
 
hpong5
    20-Aug-2010 11:17  
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The keyword here is BEARable....William ShakesHere has spoken once again.... ......

iPunter      ( Date: 20-Aug-2010 11:15) Posted:



Seeing it drop 4c-5c a day is not as scary as seeing it drop 10c-20c a once...

   Thus, it is more bearable...

       Just like instalmants... Smiley




 
 
iPunter
    20-Aug-2010 11:15  
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Seeing it drop 4c-5c a day is not as scary as seeing it drop 10c-20c a once...

   Thus, it is more bearable...

       Just like instalmants... Smiley



 
 
niuyear
    20-Aug-2010 11:13  
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Yeah lor,  that  taxi driver   was  scared by  one lady who looked like a  ghost becos when she tried to flag down  the taxi.

So, Ladies,  plse  try  drink more  DOM,  cut short your hair,  dont flag taxi at night. 



Raptor22      ( Date: 20-Aug-2010 11:10) Posted:



 

Also, don't wear all WHITE at night.

U will scare the wits out of those living. Hehehe

 

 

 
BullishTempo
    20-Aug-2010 11:11  
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Genting new resistance at 1.50 ! 



niuyear      ( Date: 20-Aug-2010 10:57) Posted:

I was told dont wear red during ghosts month especially go out in the night. hahaha! 

iPunter      ( Date: 20-Aug-2010 10:53) Posted:

If people can't see the ghosts,

     it does not mean the ghosts are not there.

        it's just that the people can't see them in physical light... Smiley 




 
 
Raptor22
    20-Aug-2010 11:10  
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Also, don't wear all WHITE at night.

U will scare the wits out of those living. Hehehe

 
 
 
niuyear
    20-Aug-2010 10:57  
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I was told dont wear red during ghosts month especially go out in the night. hahaha! 

iPunter      ( Date: 20-Aug-2010 10:53) Posted:

If people can't see the ghosts,

     it does not mean the ghosts are not there.

        it's just that the people can't see them in physical light... Smiley 




niuyear      ( Date: 20-Aug-2010 10:45) Posted:



During ghost's month,  go casino try your luck.   Quite good.

So, can stock soar to its high?


 
 
iPunter
    20-Aug-2010 10:53  
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If people can't see the ghosts,

     it does not mean the ghosts are not there.

        it's just that the people can't see them in physical light... Smiley 




niuyear      ( Date: 20-Aug-2010 10:45) Posted:



During ghost's month,  go casino try your luck.   Quite good.

So, can stock soar to its high?

 
 
niuyear
    20-Aug-2010 10:45  
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During ghost's month,  go casino try your luck.   Quite good.

So, can stock soar to its high?
 
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