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GenSp starts to move up again

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AnthonyTan
    08-Feb-2010 10:58  
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Can see that Uncles & Aunties are buying.

Be careful.
 
 
ticklish8
    08-Feb-2010 10:57  
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I was reading when everybody bullish on Genting it is time to sell. I was wondering why.

Then 1 analyst put it simply, when everyone bullish, it means most of them are holding Genting share. So there is nobody on the sidelines to purchase Genting share to push it up further. So when nobody on the sidelines want to buy Genting shares, those who bought earlier will start to sell, and it create selling pressure....

 
 
 
des_khor
    08-Feb-2010 10:53  
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I'm feel so sorry for those heroes who bought this morning... BB already Q short high 1.15&1.16 and pump all the way down !! there might have a bit technical rebounce but don't put too high hope as down trend already began...sell on news !!!!
 

 
iPunter
    08-Feb-2010 10:52  
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No gap up... and weakened after high opening...

ie. a black candle-stick so far.

Maybe no chance even to short high,


This itself is bad news.

Better to sideline... Smiley
 
 
yummygd
    08-Feb-2010 10:52  
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which f er keep selling at 1.20??wah lau
 
 
AnthonyTan
    08-Feb-2010 10:48  
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These factors does not warrant the share price to go up.

THIS IS A SPECULATIVE STOCK FOR THOSE WHO DARE.

Cheers and good luck.



AnthonyTan      ( Date: 08-Feb-2010 10:45) Posted:



Pl. understand that getting gaming licence and opening

date for casino are oreli discounted.

 

 
yummygd
    08-Feb-2010 10:46  
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whats a announcement they are pending on??
 
 
knightrider
    08-Feb-2010 10:46  
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Cheong la ! Huat eh !

 
 
 
street81
    08-Feb-2010 10:45  
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start trading liao....crazy
 
 
AnthonyTan
    08-Feb-2010 10:45  
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Pl. understand that getting gaming licence and opening

date for casino are oreli discounted.
 

 
yummygd
    08-Feb-2010 10:44  
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my take is alot of people thought halt so never log in to buy or anything we need the aunties and uncles to be involve la e halt really kill us sigh
 
 
AnthonyTan
    08-Feb-2010 10:42  
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Wah pian, some ppl expect it to fly lah
 
 
yummygd
    08-Feb-2010 10:41  
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yes
 
 
leolim818
    08-Feb-2010 10:37  
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Genting start trading now!!!
 
 
AnthonyTan
    08-Feb-2010 10:25  
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Are you saying that we use the TA strategy when

it reach a certain high point to trigger progam selling?



iPunter      ( Date: 08-Feb-2010 10:20) Posted:

No...

Buying is definitley more risky than shorting...

Even for beginners.

Shorting is the best way to make money, but you must short at a chart-determined high point. Smiley




tanweechong      ( Date: 08-Feb-2010 10:06) Posted:

rule of thumb....short is more suitable for professional.....very risky & must monitor very very closly for any market movement......


 

 
iPunter
    08-Feb-2010 10:20  
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No...

Buying is definitley more risky than shorting...

Even for beginners.

Shorting is the best way to make money, but you must short at a chart-determined high point. Smiley




tanweechong      ( Date: 08-Feb-2010 10:06) Posted:

rule of thumb....short is more suitable for professional.....very risky & must monitor very very closly for any market movement......

 
 
freshmind
    08-Feb-2010 10:20  
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genting sp and genting bhd shares drop a lot in previous weeks before the announcement of getting the casino license.  Seems like BBs and Banker try to buy at low price as much as they can before the shares fly.  I think this counter shares will keep going up rapidly till this coming Chinese New Year.  It still has a lot of room for us to play is you dare enough to take this risk/opportunity.
 
 
jonasljk
    08-Feb-2010 10:15  
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1030 trading halt lift
 
 
tanweechong
    08-Feb-2010 10:06  
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rule of thumb....short is more suitable for professional.....very risky & must monitor very very closly for any market movement......
 
 
AnthonyTan
    08-Feb-2010 09:57  
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Tks for your advise.

Tat's a very good strategy.

Cheers and good luck to you

Try to make some $$$$$$$$ for CNY



iPunter      ( Date: 08-Feb-2010 09:51) Posted:



Up or down doesn't matter... because it can go up or down.

The important thing is, if you are shorting, short at a high point..

And if you are buying, always buy at a low point.

Use your charts... and execute your (narrow ) stop losses..

This is the way to win in he long term.

Smiley

 
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