Genting Sing    Last:0.74   -

GenSp starts to move up again

Lol, I thought his target prize for CMZ is $1. I hope he didn't misplace the 0 in front, where it should be 0.1

cashiertan      ( Date: 06-Sep-2012 13:04) Posted: actually, i dun wish to comment one. since you said it, i will say. what ever counter he said. do your own analysis and act on your plan. at least the counter he spotted will guarantee movement. whether up or down just follow ur plan and analysis. chartreader      ( Date: 06-Sep-2012 13:02) Posted: Friend, I think the most accurate " contrarian" indicator is JustinQuek lah :-) .... When he said long, you just short like crazy. And he said short, you just long like crazy. Sure make money one  . Some people are just very lucky to have such " gift"

 

actually, i dun wish to comment one. since you said it, i will say. what ever counter he said. do your own analysis and act on your plan. at least the counter he spotted will guarantee movement. whether up or down just follow ur plan and analysis.

chartreader      ( Date: 06-Sep-2012 13:02) Posted: Friend, I think the most accurate " contrarian" indicator is JustinQuek lah :-) .... When he said long, you just short like crazy. And he said short, you just long like crazy. Sure make money one  . Some people are just very lucky to have such " gift" cashiertan      ( Date: 06-Sep-2012 12:56) Posted: after trying to decode alex entry for short and ipunter's reason to short at 0.39. I think alex chia's is more correct for genting chart. support   at current 1.315 and next support is 1.29.

 

Friend, I think the most accurate " contrarian" indicator is JustinQuek lah :-) .... When he said long, you just short like crazy. And he said short, you just long like crazy. Sure make money one  . Some people are just very lucky to have such " gift"

cashiertan      ( Date: 06-Sep-2012 12:56) Posted: after trying to decode alex entry for short and ipunter's reason to short at 0.39. I think alex chia's is more correct for genting chart. support   at current 1.315 and next support is 1.29.

 

after trying to decode alex entry for short and ipunter's reason to short at 0.39. I think alex chia's is more correct for genting chart. support   at current 1.315 and next support is 1.29.

 

ipunter's chart or alexchia's chart makes no impact at all to the market. it is whether if you can know the BB's chart or the market chart that is the key.  

 

My ideal peak would have been 1.39 if you have been following the chart...

wong18      ( Date: 06-Sep-2012 12:22) Posted: iPunter, Interesting view. Mind to share what would be the price to short at  a retracement peak?   iPunter      ( Date: 06-Sep-2012 12:15) Posted: @alexchia01... If one assumes that a major dowentrend is in progress, one would have sold or shorted at a retracement peak.       Just as one would have bought at a good bottom if one is assuming an uptrend is in progress...               but apparently you are not doing that...

 

iPunter,

Interesting view. Mind to share what would be the price to short at  a retracement peak?

 

iPunter      ( Date: 06-Sep-2012 12:15) Posted: @alexchia01... If one assumes that a major dowentrend is in progress, one would have sold or shorted at a retracement peak.       Just as one would have bought at a good bottom if one is assuming an uptrend is in progress...               but apparently you are not doing that...

 

@alexchia01...


If one assumes that a major dowentrend is in progress, one would have sold or shorted at a retracement peak.

      Just as one would have bought at a good bottom if one is assuming an uptrend is in progress...

              but apparently you are not doing that...

 

Ipunter, how do u know now is not juicy peak? We could be already at the peak and going down to the next valley.

iPunter      ( Date: 06-Sep-2012 11:09) Posted: I cannot understand why sifu will short when it has fallen significantly from the peak/s...     I always only short when it is at juicy-juicy peaks, which maximises profit potential... alexchia01      ( Date: 06-Sep-2012 11:01) Posted: I think can  Short  Genting SP today. Entry: $1.325 to $1.315 Stop-Loss: $1.375 More on my Blog at Alex Trades. Good luck.

 

Although one can never be sure of the outcome, strategically speaking,

    it is more logical to buy when it has fallen a lot, and sell when it has risen a lot...

      But ironically, it is usually the other way round, namely, people buy when

            it is hot, and sell when it is beaten down... lol...

 

I think can long Genting SP today 

iPunter      ( Date: 06-Sep-2012 11:09) Posted: I cannot understand why sifu will short when it has fallen significantly from the peak/s...     I always only short when it is at juicy-juicy peaks, which maximises profit potential... alexchia01      ( Date: 06-Sep-2012 11:01) Posted: I think can  Short  Genting SP today. Entry: $1.325 to $1.315 Stop-Loss: $1.375 More on my Blog at Alex Trades. Good luck.

 

I cannot understand why sifu will short when it has fallen significantly from the peak/s...

    I always only short when it is at juicy-juicy peaks, which maximises profit potential...

alexchia01      ( Date: 06-Sep-2012 11:01) Posted: I think can  Short  Genting SP today. Entry: $1.325 to $1.315 Stop-Loss: $1.375 More on my Blog at Alex Trades. Good luck.

 

In the world of stock gurus, there are two main groups -


    The 'contrarian' gurus, and the 'trend-following' gurus...

            But both groups are gurus... lol...

 

I think can  Short  Genting SP today.

Entry: $1.325 to $1.315

Stop-Loss: $1.375

More on my Blog at Alex Trades.

Good luck.

 

 

actually there r many gurus still using averaging down strategy, but the choice of stocks tat they apply this r usually good fundamental or good yield stocks.

so if u wanna apply averaging down on perpetual downwards stocks like Amtek, Hisaka, Jes etc then u r done.

another group of gurus tat use similar strategy to averaging down is to bundle a few stocks at specific time n only monitor the net net profit/lost.   once net profit hit target they sell the whole bundle without hesitation.   i use this method for many yrs n it works for me, reason being i sotong in longing cheers

Bopanha      ( Date: 05-Sep-2012 08:39) Posted: Theoretically averaging down is a good idea to reduce the average cost of a stock, from a high point to a lower point.  This method allows for you to sell off at a profit if the price goes up above the average point.  However, because the stock market is not a perfect market in economic terms, and the supply and demand basis cannot be accurately used as measure for price actions also as in economic terms or studies, averaging down can create more losses in geometrical proportions.  This happens when the price stays lower and goes lower with each passage of days and years.  So unless one is too flushed with cash that has little use for the immediate needs, one should refrain from averaging down as the market falls.

 

Sifu is so right...

    When the market is in a downtrending mode, 'dollar-cost-averaging' can only kill.

            It is easily the main cause of suicides and/or psychological depression...

Bopanha      ( Date: 05-Sep-2012 08:39) Posted: Theoretically averaging down is a good idea to reduce the average cost of a stock, from a high point to a lower point.  This method allows for you to sell off at a profit if the price goes up above the average point.  However, because the stock market is not a perfect market in economic terms, and the supply and demand basis cannot be accurately used as measure for price actions also as in economic terms or studies, averaging down can create more losses in geometrical proportions.  This happens when the price stays lower and goes lower with each passage of days and years.  So unless one is too flushed with cash that has little use for the immediate needs, one should refrain from averaging down as the market falls.

 

Today this one pengsan... again dropped like sheet... 

 

 

It's a typo error lah......shud be 0.1% and not 0.01%.

I beg your pardon hor.

Bopanha      ( Date: 05-Sep-2012 08:01) Posted: Not found any Singapore brokerage willing to offer 0.01% transaction and brokerage fees.  The lowest commission that I know is 0.1% and most players (excluding remisier trading on his own).  In many exchanges, it could be as low as $7 per transaction.  Thus whether you selling or buying 1 share or 10 million shares it is just only $7. Two ways very most $14.  We in Singapore cannot do it.  Min brokerage is $25 and the more you buy or sell, the more you pay for the transaction which I think is ridiculous because no extra service is being provided by an increased transaction.  Very cut throat Singaporeans or who? wanglausern      ( Date: 04-Sep-2012 02:17) Posted: Commission for share trading is so much cheaper than casino-betting. Commission for share trading can go as low as .01% whereas average commission at casinos is about 2.35%.

 

Theoretically averaging down is a good idea to reduce the average cost of a stock, from a high point to a lower point.  This method allows for you to sell off at a profit if the price goes up above the average point.  However, because the stock market is not a perfect market in economic terms, and the supply and demand basis cannot be accurately used as measure for price actions also as in economic terms or studies, averaging down can create more losses in geometrical proportions.  This happens when the price stays lower and goes lower with each passage of days and years.  So unless one is too flushed with cash that has little use for the immediate needs, one should refrain from averaging down as the market falls.

 

Since you already said that you have to depend on luck,

  then what difference is stocks from casino, yea?

      In casino loss or win is instant, and one can either commit suicide or celebrate ...

          But in stocks, one can die a slow death by holding  and averaging down...

susan66      ( Date: 04-Sep-2012 20:38) Posted: In casinos, once lose straightaway capital gone but in shares still can hold on & wait unless cut loss but still can keep some capital.  Will enter soon since supporting well around $1.30 recently. Don't know when it will move but hopefully have luck again  like Sakari, cheong up in 2 days.