Genting Sing    Last:0.725   -

GenSp starts to move up again

Use a 2 strike strategy if you wish to buy this.

 

Everyone relax.......

 

But one thing is for sure...

I always take my sifus' teachings seriously...

Through the years, I have a formidable bank of sifu's from whom I draw a lot of wisdom.

 

And there's another thing I am absolutely serious about ... it is this:-

I have never belittled or ridiculed any of my sifus.

hehehe...

 

Nothing new...

hehehe...

 

who is serious here?  Wah Say!

iPunter      ( Date: 02-Mar-2010 18:15) Posted: OO123123... Sorry to be blunt, but I think you have not been serious about my posts so far. I can only say that if you have to ask other people what you should do, then you are not ready to trade. Wish you the best....

 

maybe he is small god or something.... ... a talking god.

Moderate      ( Date: 02-Mar-2010 19:43) Posted: So, tomrow is a LONG, what kind of chart is this?  Doesn't it have a name?    I just dun belive this rubbish to be brunt.

 

So, tomrow is a LONG, what kind of chart is this?  Doesn't it have a name?    I just dun belive this rubbish to be brunt.

 

OO123123...

Sorry to be blunt, but I think you have not been serious about my posts so far.

I can only say that if you have to ask other people what you should do, then you are not ready to trade.

Wish you the best....

 

I feel it should be in the 75-80cents range by end of the month

 

trading 3times its book value, meaning? price less than $0.50!!! wow

 

tt means tmr more downside...

 

ipunter,

u are a chartist?

how do you see the gen sp chart, i dun see any U-turn sign yet.

it kept breaking al the suppor level..after forming the double top..which i stubornly hold till now...

kindly advise..thanks...

iPunter      ( Date: 02-Mar-2010 17:33) Posted: Dear NickyNg... :) I trade both CFD and cash... no naked stuff... It's the speed of the profit that should dictate your exit. For this counter, I entered yesterday @.915 (lucky to be executed) and I had expected it to close@ .88 today. Since my profit is 4.5c in a short time, I decided to get out... and also, like I said before, I like to 'leave some for the next man'... Anyway I am preparing to enter a long position tomorrow... cheers...  hehehe...

 

NickyNg... 

 My long position entry will be very low (ie. very mean)...

I am also very bearish like you...

PS. I like your 'week view'...

 

Below show the last 20 session of Genting SP stock.

Everyday red, seldom see green.

Drop almost 50% since the last peak.

 

 

Dear NickyNg... :)

I trade both CFD and cash... no naked stuff...

It's the speed of the profit that should dictate your exit.

For this counter, I entered yesterday @.915 (lucky to be executed) and I had expected it to close@ .88 today.

Since my profit is 4.5c in a short time, I decided to get out...

and also, like I said before, I like to 'leave some for the next man'...

Anyway I am preparing to enter a long position tomorrow...

cheers...  hehehe...

 

The most difficult part lies in trusting the chart (ie. price action itself).

Through the years, I have found charts can really prevent one from going 'pok!'

I also found that the most common reason for people going 'pok!' is that they always think staunchly of 'fundamentals' of a stock,

even when they see before their very eyes that the stock is already 'kaput'...

 

u CFD or naked? no rush to close mah if CFD...will hit 85cts this wk.......:)

iPunter      ( Date: 02-Mar-2010 17:01) Posted: Just covered my 50 lot@.87  (shorted @.915 yesterday) Profit .45c... hehehe

 

Show your transaction.....

 

Really so easy ah.

 

One only have the charts to thank...

There's certainly 'money in the charts'

This shows charts, used with routine discipline,  are a great guide.

I always ignore so-called 'fundamentals', which are nothing more than a distraction to one's trading...

purelotus      ( Date: 02-Mar-2010 17:04) Posted: Like this very easy rich la. Short few more time, can use cash to buy car liao. iPunter      ( Date: 02-Mar-2010 17:01) Posted: Just covered my 50 lot@.87  (shorted @.915 yesterday) Profit .45c... hehehe