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A recent chart extract from
www.e-ivest.com.my
on
Genting Singapore
link page
http://www.e-invest.com.my/index.php?option=com_content&view=article&id=6668:stock-genting-singapore-stock-pick&catid=44:stock-reportwatchtrading-buy&Itemid=105
price target buy range 0.70 cents to 0.77 cents
sorry guys fail to paste the above chart on this forum
regards
ezy
www.stockmarketwatch.info
Disclaimer…The subject matters expressed above is based purely on technical analysis and personal opinions of the writer. it is not a solicitation to buy or sell.
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So, for those holding their shares at a loss now, it ain't a loss unless you cannot hold or want to cut loss. Check out what happened after Warren Buffett bought into Goldman Sachs during the financial crisis. Imagine if he sold when it went down? So, I agree with you that as long as they sold at a profit at some point, they are a winner. Genting Singapore is going to be around for quite a while. It ain't over until it is over!
iPunter ( Date: 06-Mar-2010 11:17) Posted:
Yup... Good thinking... :) As long as you do sell at a profit at some point, you are a winner... 
samt81 ( Date: 06-Mar-2010 11:11) Posted:
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hi,
hopefully chiong all d way up.
1.35 will sell all my unit.
bought it few mths back at 0.745 n 0.80.
HUATTTT AHH ! |
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On line gambling stock.
sharez ( Date: 07-Mar-2010 20:24) Posted:
I feel someone always play-play with this counter, push it down&down then up&up, if you’re not affordable for it, better keep it away, personal opinion… |
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I feel someone always play-play with this counter, push it down&down then up&up, if you’re not affordable for it, better keep it away, personal opinion…
We have reversal from Genting last fri..
will enter for quick profits on monday..
Anyway I am not vested in this stock
It is interesting to read from others who have different view points in this forum from a different perspective on the same picture. Best of all, I salute those who can agree to disagree. After all not everyone has the same trading strategy, risk tolerant, experience, trading know-how,etc.
In fact, I am learning everyday from this platform and trying to sharpen my skill in stock trading even though I have been trading over a couple of years. Still learning!!
iPunter ( Date: 06-Mar-2010 21:50) Posted:
I have seen enough 'technicians' who have a whole gamut of arcane indicators all over their charts, making them truly amazing and complicated works of graphic art. Yet, large amounts of money are lost in their actual trading.
On the other hand, I have also seen people who are absolutely disgusted with charts, and who think staunchly of nothing but 'fundamentals'. These are people who will vehemently say good things about their stocks, even when faced with huge losses in their bank accounts... 
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if it does break out of dwntrend channel and drift up ,likely this is a rebound wave b...
Yes, it has not broken downtrend channel yet. But I think it could break soon
trader9988 ( Date: 07-Mar-2010 10:05) Posted:
| at this juncture nt clear the short term direction.... though it has nt break the dwntrend channel yet..... macd line show like going to cross the signal line....or misleading hook down again...hmmm |
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at this juncture nt clear the short term direction.... though it has nt break the dwntrend channel yet..... macd line show like going to cross the signal line....or misleading hook down again...hmmm
Agreed. Thats precisely why.
iPunter ( Date: 07-Mar-2010 07:40) Posted:
Big boys are chartists...
the big boy bulls as well as the big boy bears...
Big boys are not a homogeneous group...
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For short term, to me this stock is a buy not a sell
Big boys are chartists...
the big boy bulls as well as the big boy bears...
Big boys are
not a homogeneous group...
Its good to agree to disagree. It shows the maturity of the forum participants. By the way how many of the chartists/shortsellers have not covered their positions in Genting SP, hands up. How many have opened new short positions? It will be interesting to watch the show - up pushers against down pushers. If I were a BB, I would love to have chartists in the market.
iPunter ( Date: 06-Mar-2010 21:20) Posted:
Absolutely agree with you on this, Sir...
Different people see different things even in the same picture...
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I have seen enough 'technicians' who have a whole gamut of arcane indicators all over their charts, making them truly amazing and complicated works of graphic art. Yet, large amounts of money are lost in their actual trading.
On the other hand, I have also seen people who are absolutely disgusted with charts, and who think staunchly of nothing but 'fundamentals'. These are people who will vehemently say good things about their stocks, even when faced with huge losses in their bank accounts...
Absolutely agree with you on this, Sir...
Different people see different things even in the same picture...
Pardon me but maybe the way you read the chart is different from me. People go "pok" because they hold a stock in a downtrend. I never advocated people to hold a stock in downtrend. With due respect, the way you see the chart and interpretation of it is just different from mine.
iPunter ( Date: 06-Mar-2010 20:05) Posted:
It is too easy to say 'ride the trend'...
If it's really so easy to know the trend, there won't be so many people going "pok!"...
To me, holding huge 'paper losses' is also deemed to be "pok!",
Simlpy because it is not a 'paper' loss... it a real (solid) loss.
And no one can say the "trend is up, or down" at any given moment... until it is invariably too late.
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It is too easy to say 'ride the trend'...
If it's really so easy to know the trend, there won't be so many people going "pok!"...
To me, holding huge 'paper losses' is also deemed to be "
pok!",
Simlpy because it is not a 'paper' loss... it a
real (solid) loss.
And no one can say the "trend is up, or down" at any given moment... until it is invariably too late.
Yes, some may think you cannot make good money from the market. It is not true. First, you must pick the right stock. If you make a mistake in a stock, don't waste time on it and transfer your money to others. Always protect your capital. Once you lose that, the game is almost over. You need to leverage. Of course one needs to read simple charts but don't overtrade. Ride the trend whether up or down
Livermore ( Date: 06-Mar-2010 19:47) Posted:
But I am not keen on making coffee money
iPunter ( Date: 06-Mar-2010 11:15) Posted:
Agree with you, Sir... :) Playing stocks (read strategic trading) is really good for a lot of "$kopi"... To think of the stock market as way to get rich quick is an unrealistic approach, Simply because the only way to be rich is to buy at a bottom, which few do.
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But I am not keen on making coffee money
iPunter ( Date: 06-Mar-2010 11:15) Posted:
Agree with you, Sir... :) Playing stocks (read strategic trading) is really good for a lot of "$kopi"... To think of the stock market as way to get rich quick is an unrealistic approach, Simply because the only way to be rich is to buy at a bottom, which few do.
Livermore ( Date: 06-Mar-2010 10:34) Posted:
| It is just good for coffee money |
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