Genting Sing    Last:0.725    +0.01

GenSp starts to move up again

Placing a bet. Short d burger at $1.04.

 

Definitely, praying for good health

Health is always wealth.

niuyear      ( Date: 10-Jun-2010 08:59) Posted: i saw kwang ying temple @ the 4th horse road,  prayers kneeling down  there for hour to pray for their wealth or health?

 

i saw kwang ying temple @ the 4th horse road,  prayers kneeling down  there for hour to pray for their wealth or health?  

 

In places for 'harvesting' good money,

   every eager person, without exception,  is praying (or at least secretly hoping in their hearts)

      for a hundrefold increase in their own personal wealth.

           And that is not a bad thing ... hehehe...  

AnthonyTan      ( Date: 09-Jun-2010 16:50) Posted: Praying can never ever help your portfolio in which you are holding to shoot up the share prices. Don't waste your time lah. niuyear      ( Date: 09-Jun-2010 14:57) Posted: GEnting     Fly     Arrrrrrrrrrrr................ went to city harvest church and loyang tua pekong to pray.

 

Genting still did not managed to break through its major techincial/200days MA resistance at $1.04 for the past 2 weeks. In fact today Genting close flat at $1.04 with 83.5 million shares traded.

A black candle sticks with long lower shadow (Similar to hanging man) indicated that investors are starting to take profit as they do not expect Genting to break through this resistance any time soon.

RSI & MACD are bullish though both indicators have shown hesitation in the rally.

Important Resistance of Genting: $1.04

Immediate Support of Genting: $0.965

We do not encourage buying now but in fact consider taking profit at around $1.06/$1.07 if you are a short term investor. Genting is in need of “heavy volume” to break through this resistance which the whole STI market is lacking now.

SEE ANALYSIS FOR  STARHUB & CDL HTRUST!

Personally i feel shorting for Genting is dangerous since this counter is still bullish but it is just that it does not have any strength to climb.

 

Tikam tikam sure dangerous.  Save some money for your kids and relax in this weekend may be better.  Sure no lose.

 

Praying can never ever help your portfolio in which

you are holding to shoot up the share prices. Don't

waste your time lah.

niuyear      ( Date: 09-Jun-2010 14:57) Posted: GEnting     Fly     Arrrrrrrrrrrr................ went to city harvest church and loyang tua pekong to pray. AnthonyTan      ( Date: 09-Jun-2010 10:30) Posted: Quiet mkt means no more noises. Where r the ppls shouting cheong ah, huat ah and whatnots, haha

 

 

GEnting     Fly     Arrrrrrrrrrrr................

went to city harvest church and loyang tua pekong to pray.

AnthonyTan      ( Date: 09-Jun-2010 10:30) Posted: Quiet mkt means no more noises. Where r the ppls shouting cheong ah, huat ah and whatnots, haha

 

Waiting at sideline for opportunity. You don't have to

trade daily. Once opportunity come, quickly seize it.

If I can remember clearly, iPunter said never lose your

capital. Always put a cut loss to preserve your $$$$$$.

Patience and time are your asset.

Luck also play a part, e.g. you buy Healthway,

 afterwhich Peter Lim bought million of shares and

push up the share px. Good luck to all.

freshmind      ( Date: 09-Jun-2010 11:24) Posted: Everybody wait at sideline and if the price not below S$1, seems like boring and meaningless to trade especially during this kind of market environment.  Let's see how long the this price will stay, the BBs have money, we don't, but we have patient and time... AnthonyTan      ( Date: 09-Jun-2010 11:15) Posted: Hopefully, if forced selling by broking firms, tat will bring down the share px. to below $1, my tot oni.

 

Many people will buy at $1.00 and BBs won't want to short on this one, as it is quite dangerous for shorting as they risk to lose their billions if they short.  Eyes wathing them shortists,,,,.Not joking.  Waiting for the billion dollar kill.

 

Everybody wait at sideline and if the price not below S$1, seems like boring and meaningless to trade especially during this kind of market environment.  Let's see how long the this price will stay, the BBs have money, we don't, but we have patient and time...

AnthonyTan      ( Date: 09-Jun-2010 11:15) Posted: Hopefully, if forced selling by broking firms, tat will bring down the share px. to below $1, my tot oni.

 

one of the counter we LIKE....buy on dip....good luck :)

 

Hopefully, if forced selling by broking firms,

tat will bring down the share px. to below $1,

my tot oni.

 

Agreed, good post

freshmind      ( Date: 09-Jun-2010 10:52) Posted: A lot of counters share price hung there without any movement during last few days.  Finally, it will melt down from the low transaction volume and the expired date of payment... AnthonyTan      ( Date: 09-Jun-2010 10:48) Posted: FYI, notice BBs are selling lol

 

A lot of counters share price hung there without any movement during last few days.  Finally, it will melt down from the low transaction volume and the expired date of payment...

AnthonyTan      ( Date: 09-Jun-2010 10:48) Posted: FYI, notice BBs are selling lol

 

FYI, notice BBs are selling lol

 

10.40.54  $1.04 sell down 11,000,000 shares

10.42.20  $1.03 sell down   4,803,000 shares

AnthonyTan      ( Date: 09-Jun-2010 10:37) Posted: At this going rate, most probably the whole day's vol. will be less than 20 million, haha

 

Gahman give money no enough lah. How to play

the stock mkt. Better think of other ways lol.

baberic      ( Date: 09-Jun-2010 10:32) Posted: No money to play already, so waiting for the gov to give some money first, then will come back.  AnthonyTan      ( Date: 09-Jun-2010 10:30) Posted: Quiet mkt means no more noises. Where r the ppls shouting cheong ah, huat ah and whatnots, haha

 

At this going rate, most probably the whole day's vol.

will be less than 20 million, haha