
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.

hi hi guy, me already covered my short on genting, thus dun really care whether it will go down further or rebound but during that time i short, based on the chart that time, surely short term down trend and i am more than happy to covered my short and moved fund elseway once reach my short TP.
some more since the genting AGM or EGm coming and dun know what is the effect temporary, better play safe to sideline first.
NEXT Monday SPOT LIGHTS will be on
BAKER TECH and YANGZIJIANG
Well, yes I agreed chart posted by WLBO_BB was a downtrend signal yet without any uptrend in sight. But on my personal view, I don't agree on the line parralel drawing statement that using this to point it as downtrend. Reason being, each day of trading, there will external factors, news, earning reports, etc etc, so it is wise only to constantly monitor and check the indicators, TA parameters, etc etc to gauge the movement again each particular day if you are interested to spot on a particular stock.
For eg: Technical Analysis on SGX -> http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=7985 which I posted. From the TA chart that I analysed which the downtrend signal will move to, the zone was between 8.00 to 8.05. And I mentioned to check the indicators,parameters, candlesticks again when it reached that zone as to anticipate the next move.So, It did really went down to 8.02 on 22th April. And If you get back on the TA Charts and parameters, etc etc after the price was on uptrend, you will be able to see that this will be a rebound uptrend signal.
Anyway, this is my own opinion only. Everyone has different opinion which is how you feel comfortable to trade the stock based on your own way of trading.
Star-Trader
teeth53 ( Date: 24-Apr-2010 12:41) Posted:
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Yummygd... :)
Good to see you here too...vHope you made $$$...
Lately, I've been overeating @TungLok and Ah Yat...

A chart has been posted here by WLBO_BB ( Date: 03-Apr-2010 13:48)
Posted: all indicators are down...(as far as Genting SP is concern - me not vested)
teeth53: Just sharing my thot, indicated it can go less then 0.75ct - around May 2010. thk Qs
teeth53 ( Date: 23-Apr-2010 23:51) Posted:
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iPunter ( Date: 24-Apr-2010 09:31) Posted:
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Trading this 'baobei' darling GentSp has made me a lot of good profits...
There's no such thing as 'worth' when it comes to shares...
When people are super confident, it will go up to 1.30 or higher...
When people are fearful, it can go to .75...
When playing stocks, it is all a matter of trading people's emotions, not stocks per se...
Thus, TA is the only way to go.
Genting is singapore's first casino and resort world. it has got government backing as it creates jobs and boost economy for singapore. How far down can this stock drop?
Same concept as SIA. at first when SIA was formed, ppl say air tickets expensive, not all can afford. stocks sure drop. but now you see.. SIA so damn successful.
What i'm trying to say is a business that has just started dont expect too much because as time goes by, with the right management and the support from the government, it will bounce back and be successful.
just my 2 cents worth. wonder if anyone reckon what i've just said. =x
Cheers!!
Right now, Casino is hot among tourists and singaporeans..... this stock will soar in no time, BUT, at the expense of poor retail business and entertainment business. Just came bk ffrm somewhere and its so quiet as well as shopping malls. news reported some makang places also quiet.
When MBS opens, it is out to SUCK all singaporeans ' money! Government , must start to get worry and Increase the entrance fee to casino to may be $200.
Ya. fully agree with U. err...what is the real price that is worthy or actual worth ??.
one dollar, ninty cents, err...eighty cents, seventy or less then this or more then all this ??.
Care to recommend ??. I am looking for confident, but it share price is a caused for concern. Erosion and I am not looking for good luck.
freshmind ( Date: 23-Apr-2010 18:22) Posted:
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ekekeg ( Date: 23-Apr-2010 14:57) Posted:
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yes...TA done...showing downtrend...gentle reminder has lots of meanings....indication for those who hold to prepare to lose more? indication for those who are not holding to monitor to go in? Indication for those who hold that it will break the down trend to go up in near future?
just wanted to know what is his take...and learn what...liddat oso want to hantam me
boyikao3 ( Date: 23-Apr-2010 14:32) Posted:
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DEEP DEEP CHANNEL
FOREVER DOWN ?
WLBO_BB ( Date: 23-Apr-2010 12:51) Posted: |