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O this "pregnant lady" is not bullish??????
Anyway, it will be a quiet day until after the agm.
Check it out after agm.
iPunter ( Date: 25-Apr-2010 17:57) Posted:
Technically speaking, the "inverted cup with a handle" has played out very beautifully, thus many traders made money.
The pattern has now developed further and has formed something which looks like a "pregnant lady"...
To me, this pattern is not bullish at all...
And if it breaks .835 to trade @.83 next week, those who think it is cheap may be in for an 'electric shock'...
rather than an 'electric dream'... hehehe... 
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Technically speaking, the "inverted cup with a handle" has played out very beautifully, thus many traders made money.
The pattern has now developed further and has formed something which looks like a "pregnant lady"...
To me, this pattern is not bullish at all...
And if it breaks
.835 to trade @
.83 next week, those who think it is cheap may be in for an 'electric shock'...
rather than an 'electric dream'... hehehe...
two types of monies -- (1) money-in-circulation for regular gamblers and (2) money pay for entertainment.... 2nd is the one that keeps the casino opens....so the casino has to build loyalty programme to sustain the entertainment appeals...
Just wondering whether there is any statistic
shown on the percentage of winner gambling
in casinos. 1% winner & 99% loser??????
Anyway, the casino is happy if you win.
They will be very worried only if you don't to
gamble again, hahaha
You are right, casino cannot loose money unless there is no people gambling.
Just last night alone(EPL), lost $100 betting on Hull city,$100 on Tottemham & another $100 on Man city(Stupid Adebayor..make a nuisance of himself tying two pig tail & wearing chilly red boots & laughing all the way while playing).
Will visit RSW this Tuesday for AGM & try a bit of myluck..ha..ha...
Wish me good luck......prepare to loose 1 K....
Turf club, singapore pools biggest donors. How can casino lose money? (unless INTERNET betting is made legalised in s'pore).
In globalised market like singapore, unavoidable risk in having company listed in singapore by foreign company whose foreign activities cannot be easily checked , a risk no one can guarantee. :)
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Genting SP no more in top 10 vol, means no seller liow.....
1st Q should be good numbers as only one sucking up money unless casino loose to high rollers????
Bulls and Bears betting on light green critical support band. A victorious bulls campaign will retest the following resistances:-
1. Upper resistance line of the blue channel
2. Upper resistance line of the red channel
3. 200EMA resistance
4. Ichimoku Kumo resistance cloud
However, if the Bears are triumphant a breakdown below the light green support band will challenge the following supports:-
1. Lower support boundary of the blue channel
2. Lower red channel support line
3. Green downtrend line
Stay alert and be nimble as the countdown timer ticks.
http://tactcharts.blogspot.com/2010/04/genting-betting-on-critical-support.html
I expect elephants fighting in the days ahead...
Genting SP has been down-trending this year with next support at 0.85. Though there's possiblity of a MACD convergence setup, do also take note of huge resistance above.
Cheers.
Uncle AK should be happy I went and stock up a lot of Carlesbergs just for you....
hehehe...
AK_Francis ( Date: 25-Apr-2010 02:36) Posted:
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Ha ha, glad to see U on board again，dear Ip.
仁 人 之 心 也。雨 过 天 睛 啊。
iPunter ( Date: 24-Apr-2010 13:00) Posted:
Yummygd... :)
Good to see you here too...vHope you made $$$...
Lately, I've been overeating @TungLok and Ah Yat... 
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A reversal of any trend is not for anyone to tell...
Only the chart can give us good hints...
That is provided we respect the market...
Because if we respect our egos more than we respect the market, we will not notice any hint at all.
hehehe...
grumpytrader ( Date: 24-Apr-2010 23:31) Posted:
When is the time ripe then? Till it goes up? It won't take long from now.
iPunter ( Date: 24-Apr-2010 17:45) Posted:
My favourite thought, which haz made me a much good profits in the pass,
is that once a main trend is established, it is not easy for it to reverse itself...
until the time is ripe, that is.
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Ha ha, glad to see U on board again，dear Ip.
仁 人 之 心 也。雨 过 天 睛 啊。
iPunter ( Date: 24-Apr-2010 13:00) Posted:
Yummygd... :)
Good to see you here too...vHope you made $$$...
Lately, I've been overeating @TungLok and Ah Yat...
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When is the time ripe then? Till it goes up? It won't take long from now.
iPunter ( Date: 24-Apr-2010 17:45) Posted:
My favourite thought, which haz made me a much good profits in the pass,
is that once a main trend is established, it is not easy for it to reverse itself...
until the time is ripe, that is.
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My view is the later MBS opening is delayed, the longer will be the downtrend of GentSp.
I expect GentSp's downtrend to end shortly after the opening of the competitor,
since that will be the worst moment for both the casinos,
in view of competition in difficult world economic times...
But we have to watch the chart intimately for such an outcome to develope...
yummygd ( Date: 24-Apr-2010 20:40) Posted:
i guessed sooner or later they will get their licence. no big deal i guessed... but we investors can only pray that they messed their first up hehe... did u read todays paper??Guessed if they messed up now no one will go and use them anymore...
loyfam88 ( Date: 24-Apr-2010 20:19) Posted:
MBS hasn't gotten their casino license yet and seems to be fraught with delays despite its forthcoming openng.
Will this have positive impact on Genting?
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i guessed sooner or later they will get their licence. no big deal i guessed... but we investors can only pray that they messed their first up hehe... did u read todays paper??Guessed if they messed up now no one will go and use them anymore...
loyfam88 ( Date: 24-Apr-2010 20:19) Posted:
MBS hasn't gotten their casino license yet and seems to be fraught with delays despite its forthcoming openng.
Will this have positive impact on Genting?
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There till some more 'juice' in this one...
MBS hasn't gotten their casino license yet and seems to be fraught with delays despite its forthcoming openng.
Will this have positive impact on Genting?
Nope, not playing these two counters...
But GentSp and Z-Obee treated me well...
hehehe...
WLBO_BB ( Date: 24-Apr-2010 17:57) Posted:
| harlow ipunter u are back.... got bot midas or golden agri recently?? |
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RIGTH ISSUE ... not possible as last right issue of 1.5 bil not fully utilised yet.
Most probably announce Q1 performance.
