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Genting Sing    Last:0.725   -

GenSp starts to move up again

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babyboymi
    05-Apr-2010 10:52  
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typo,--  most possible

babyboymi      ( Date: 05-Apr-2010 10:51) Posted:

but most impossible, downtrend, right?

AnthonyTan      ( Date: 05-Apr-2010 10:50) Posted:

Hahaha, if I can tell u, I will be laughing

all the way to the bank.



 
 
babyboymi
    05-Apr-2010 10:51  
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but most impossible, downtrend, right?

AnthonyTan      ( Date: 05-Apr-2010 10:50) Posted:

Hahaha, if I can tell u, I will be laughing

all the way to the bank.



babyboymi      ( Date: 05-Apr-2010 10:45) Posted:

then will go up or down


 
 
AnthonyTan
    05-Apr-2010 10:50  
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Hahaha, if I can tell u, I will be laughing

all the way to the bank.



babyboymi      ( Date: 05-Apr-2010 10:45) Posted:

then will go up or down?

AnthonyTan      ( Date: 05-Apr-2010 10:16) Posted:

Glad tat u r back.

I agree, movement in this counter with tight range.



 

 
babyboymi
    05-Apr-2010 10:45  
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then will go up or down?

AnthonyTan      ( Date: 05-Apr-2010 10:16) Posted:

Glad tat u r back.

I agree, movement in this counter with tight range.



KannaSze      ( Date: 05-Apr-2010 09:53) Posted:

Genting Spore should move within small range for a while. 


 
 
iPunter
    05-Apr-2010 10:23  
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An intermediate buy-in .845 for a 2-3-day play will be nice ...   Smiley
 
 
AnthonyTan
    05-Apr-2010 10:16  
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Glad tat u r back.

I agree, movement in this counter with tight range.



KannaSze      ( Date: 05-Apr-2010 09:53) Posted:

Genting Spore should move within small range for a while. 

 

 
iPunter
    05-Apr-2010 10:01  
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It is still in the 'handle' area of the inverted cup...

Very nice formation still... Smiley


 
 
warren_buffet
    05-Apr-2010 09:58  
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I agree.  

KannaSze      ( Date: 05-Apr-2010 09:53) Posted:

Genting Spore should move within small range for a while. 

 
 
AnthonyTan
    05-Apr-2010 09:57  
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Wat happen to this ex. mkt darling??????

Many ppls are losing interest in this counter.

Even postings in SJ diminish.
 
 
KannaSze
    05-Apr-2010 09:53  
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Genting Spore should move within small range for a while. 
 

 
iPunter
    04-Apr-2010 11:13  
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If you look at the CCI Indicator in the chart below, you will see a few sharks swimming around.

Normally, few people will suspect, or even believe, that the ocean can be a few miles deep...

Shark Indicator? hehehe... Smiley
 
 
matrixneo
    04-Apr-2010 11:12  
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Yes.  I also agree with you on the different ball games.  If a noob starts paper trading on this counter and sees that he/she is right at some points and regrets not going into the real market, he/she will be tempted and go into this counter without much thought and this is how one gets burned...like you said, before mastering the market, one has to master oneself, that's discipline.

 Cheers



iPunter      ( Date: 02-Apr-2010 06:08) Posted:

I give you my support... Smiley

I have no doubt you will succeed as a stock player in the long run.

I say that because you have adopted the right approach to the game. Whereas most people approach the stock market with the overpowering urge to only make money, they overlook the absolute need for good stock market education. preferring to. Stock market education is the only way to 'master' the market, as it were. But the reality is that in mastering the market, one is in reality mastering oneself, ie. one's own character.

Though the mechanics of trading are simple and easy to master, the psychological demands of the game are more overwhelmingly difficult to embrace.  In this regard, paper trading is only useful for practising the mechanics. As far as the real dynamics goes, paper trading is useless. This is because using toy money to play the market is a world apart from using one's hard-earned money. Believe me, they are two entirely different ball games.




matrixneo      ( Date: 01-Apr-2010 22:41) Posted:



actually to tell newbies not to play stocks is not so encouraging.  Instead, guide them to learn more first prior doing the actual trade, including just doing paper trading which costs $0.  Read more books and strategies, identify your trading style that will suit your lifestyle so that you wont have to stand outside sgx or go into internet exchange every minute to monitor.  While learning, in my opinion, it will be good if you are able to set aside at least S$20k for investing in stocks and ask yourself how much you are willing to lose from this amount. 

Once you are comfortable with your trading style, then use your actual fund to play.  That would be a good start to really try on your style of trading with a minimum loss and ride your profit.


 
 
trader9988
    04-Apr-2010 09:24  
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ya.... the 50 sma has also cut below 200sma last few days ago  (has maintain abv since last apr 2009).....technical indicators oversold but hey oversold can be more oversold...

WLBO_BB      ( Date: 03-Apr-2010 13:48) Posted:



all indicators are down...


 
 
iPunter
    04-Apr-2010 03:48  
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My view is that any delay in Marina Bay opening will only prolong GentingSp's downtrend.

And this is good news for those riding the downtrend. .. Smiley
 
 
yummygd
    03-Apr-2010 22:05  
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babes they are now saying there is a chance MBS wont be able to obtain licence lei due to the hit list gangsta thingie...might affect their sinagpore licence wor...I think they will still get but not so fast la...at least another three to four months before they get the licence liao maybe longer. singapore gov must save face by acting like they veri on e ball..so short this baby at ur own risk on monday wor.
 

 
iPunter
    03-Apr-2010 20:13  
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Don't forget that those plans were made on the assumption that the roaring economy before the great big world meltdown will continue roaring...

But now, the effects of that great big meltdown (in which many millionaires became "pok!"), the world is now a different... Smiley



 



 


 
 
niuyear
    03-Apr-2010 20:03  
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Nothing to fret about when a share price dip .  Blue chips also dip when it goes up to certain level.  When the shortselling action taking  place, prepping up some reasons to make it justifiable to execute this action is human nature. Share price is moved by HUMAN.

Singapore government allows casino operation here with confidence i think reasons as below:

1) '''Singapore has been the top outbound destinations for Indians for many years and with these theme parks and casino, we hope to draw many more Indian travellers and give them a new reason to come again,’’ Resorts World Sentosa Vice-President (Communicatio n) Ms Krist Boo told presspersons here today.''''

2)  The mindset of having budget airlines introduced to make travelling cheaper and having to built more 3 star hotels to cater to the budget traverllers is the same mindset of having a fare share of attracting  the RICH And Famous to come to the Casino as it is their favourite entertainment;

3) Poker might be included as part of Olymic mind game.   (still debating).   If we can organise F1 race, we can hve international porker contest as well.

Tourists attraction in singapore has become a very important factors in tourisms industry nd government will surely give it a fully support to make sure it is happening here in years to come.  

 
 
 
iPunter
    03-Apr-2010 15:36  
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From 1.30 high down to .845 low...

Throughout the journey down, since around Chinese New Year, there was only positive publicity and grand opening news, write-ups, etc...

Imagine how one can go "pok!" if one simply follow the news media scene and buy (and buy and average down more)...

By now, they would have been 'pengsan'... Smiley
 
 
iPunter
    03-Apr-2010 15:01  
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Still very meaty...

hehehe... Smiley


 
 
trader123
    03-Apr-2010 14:12  
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anymore smart one on short position??? i have short Genting since she cannot break the Fibonacci Retracement Level at $0.96 and trend down to below the 10, 20, 50 and 200D MA....

will only cover my short when the other casino open...... now paper gain 200k plus.



WLBO_BB      ( Date: 03-Apr-2010 13:48) Posted:



all indicators are down...


 
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