Genting HK USD   

Is it time to enter now?

May the force be with Gen Int too.

 

May the force be with Star Cruise today.



The line flattening at 25.5 ..... highly a firm bottom .....



Just a little positive news or any news of relief, the price will likely make an expansion breakout.

 

Hi ivorycoast -  hope your TA is correct. With a double bottom forming, rebound shd come soon?. Three cheers to those  vested
Hi hulumas -      If one is NOT contra player or short seller, not worried about price movts.  Guess u r an investor. Evidently SC is not a "junk" stock,  otherwise all those buying (including the "operators"  themselves or "syndicates")  must be "doomed" or "committing suicide"  . 

 

Collect some Star Cruise at 25.5 .....



And some Gen Int at 81.5 .....



Seems like the buyers keep appearing at 81.5 .....

 

It's obvious that the cruise has settled on calm waters now .....



Looks like a double bottom forming .....



Cheers .....

 

Dear Hikitty,



Lower and lower I buy! Higher and higher I sell! So not to worry at all about the price movement!!!

 

Let's observe over the next few days whether the "doomsday"  predictions for SC will turn out to be  true.

 

A fair number of doomsday investors think that SC is going to crash further coz' of the recent correction.  They feel that those who had bought SC  are doomed to lose their pants coz' SC is not going to turnaround anytime soon, NOT within this year.   Will those pundits' dire prediction for SC be right?   Any comments from other FA or TA specialist whose view is different from those pundits?

 

Hikitty,



It's okay, just to share your thoughts.  I personally not vested in this counter.

 

Hi 1_tan888  Thanks for posing the question.  Oil price is down from its historical peak, and bodes well for any industry that depends on oil.  If I have been misunderstood, pse accept my apologies  I didn't mean that oil price is going to go down further 

 

hikitty,



how do you conclude that oil price is going to go down?

 

Technically, isn't it that after each selldown, the climb will be faster ?

 

Cruising along to profitability? 1st qr 2007 and thereafter shd be profitable with oil price down and its expansion into the China market.

 

lucky168, thanks for your insightful opinion.



I'm interested to learn more abt TA. What are the tools that you use to to analyze the SC stock?

 

Long time haven't see frantic short covering.



Very "chi kek" one .....

 

Ok. It's time to regain, especially Gen Int. 



Don't play play.  Gen Int can be decoupled from the rest ..... it's like a little economy by itself ..... 

 

Don't panic.  Morning may be catching shortists.

 

Today and the next few sessions may be time for theme play.



Energy play ?



IR/Casino play ?



Wood/timber play ?

 

Another good point by hikitty.

 

Forgot to talk about "greed".  For those who are "greedy"  and hope that SC will crash further to attract them to buy, think carefully whether SC has been battered enough.. The upturn for SC may come suddenly, and it may be too late for such "greedy" investors to buy.