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Genting Sing    Last:0.76    +0.005

GenSp starts to move up again

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motbabe23     15-Oct-2010 11:09  
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SELL UP OR BUY UP?

BullishTempo      ( Date: 15-Oct-2010 10:53) Posted:



Strong resistance at 2.11 and 2.12. 

2.11 - 6 million,  2.12 - 10 million 

 
 
motbabe23     15-Oct-2010 11:06  
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you mean buy up or selldown?

BullishTempo      ( Date: 15-Oct-2010 10:53) Posted:



Strong resistance at 2.11 and 2.12. 

2.11 - 6 million,  2.12 - 10 million 

 
 
BullishTempo     15-Oct-2010 11:06  
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LoL, talking to myself. I come back after lunchtime bah, going to starbucks to trade with kakis. Smiley
 

 
SnowCloud     15-Oct-2010 11:06  
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so next week would be even more dangerous to enter..since its gonna be crazy ups and downs ?

BullishTempo      ( Date: 15-Oct-2010 10:47) Posted:

Next week will be a volatile week though. I am not sure how the mega IPOs will affect this counter

SnowCloud      ( Date: 15-Oct-2010 10:43) Posted:

cannotfind, you are truly a fortune teller. i shall learn from you..start following BT ! =]]]


 
 
BullishTempo     15-Oct-2010 11:01  
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Singapore is taking China's lead at the moment.  Compare STI and Shanghai Index
 
 
BullishTempo     15-Oct-2010 11:00  
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STI gains 0.4% to 3,209.31 at 9:50 a.m.

Tags: Cosco Corp. Singapore | Dbs Group Holdings | Mercator Lines (Singapore) | Neptune Orient Lines | Olam International | Stx Pan Ocean Co.

WRITTEN BY BLOOMBERG   
FRIDAY, 15 OCTOBER 2010 10:22
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Singapore’s Straits Times Index gained 0.4% to 3,209.31 as of 9:50 a.m. local time. Two stocks rose for each that fell on the 30-member gauge.

Shares on the measure trade at an average 15.8 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market. 
 
Bulk-shipping companies: The Baltic Dry Index, which measures the cost of shipping commodities, gained 0.8% in London yesterday, taking its three-day advance to 2.7%.Cosco Corp. Singapore (COS SP), a China-based shipbuilder that also operates bulk carriers, increased 1.6% to $1.91. Mercator Lines (Singapore) (MRLN SP), an Indian bulk carrier, gained 1.8% to 29 cents. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, rose 0.8% to $14.66.
 
DBS Group Holdings (DBS SP), Southeast Asia’s biggest bank, climbed 1.6% to $14.84. The company said it has sold $1.7 billion of 4.7% perpetual preference shares.
 
Neptune Orient Lines (NOL SP), Southeast Asia’s biggest container carrier, gained 1.9% to $2.11. The stock was raised to “outperform” from “neutral” at Credit Suisse Group AG, which increased its share-price estimate to $2.43 from $2.35.
 
Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, advanced 2.2% to $3.30. Olam’s Indian unit is among companies that won permits to export bales of cotton from India, according to data from the government.
 

 
BullishTempo     15-Oct-2010 10:53  
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Strong resistance at 2.11 and 2.12. 

2.11 - 6 million,  2.12 - 10 million 
 
 
BullishTempo     15-Oct-2010 10:50  
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STI has a clear bullish breakout above the 3200 level today.  A bullish sign for STI. 
 
 
icetomato     15-Oct-2010 10:50  
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If break 2.13 I will start to sell part by part see where it goes.
 
 
BullishTempo     15-Oct-2010 10:47  
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Next week will be a volatile week though. I am not sure how the mega IPOs will affect this counter

SnowCloud      ( Date: 15-Oct-2010 10:43) Posted:

cannotfind, you are truly a fortune teller. i shall learn from you..start following BT ! =]]]

 

 
SnowCloud     15-Oct-2010 10:43  
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cannotfind, you are truly a fortune teller. i shall learn from you..start following BT ! =]]]
 
 
BullishTempo     15-Oct-2010 10:42  
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A more convincing breakout of the ascending triangle will be 2.18. But for me 2.13 is good enough

BullishTempo      ( Date: 15-Oct-2010 10:39) Posted:

According to common trading theory, yes. But if 2.13 is your profit target and you want to sell, go ahead !  Smiley

elton81      ( Date: 15-Oct-2010 10:36) Posted:

so if break out of 213.. should buy instead of sell?


 
 
Noob79     15-Oct-2010 10:40  
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Buy now lah... next week sure very strong



elton81      ( Date: 15-Oct-2010 10:36) Posted:

so if break out of 213.. should buy instead of sell?

 
 
BullishTempo     15-Oct-2010 10:39  
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According to common trading theory, yes. But if 2.13 is your profit target and you want to sell, go ahead !  Smiley

elton81      ( Date: 15-Oct-2010 10:36) Posted:

so if break out of 213.. should buy instead of sell?

 
 
elton81     15-Oct-2010 10:37  
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everytime i lie on my bed to catch a wink.. the px chiong... i think i continue to lie on bed..
 

 
elton81     15-Oct-2010 10:36  
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so if break out of 213.. should buy instead of sell?
 
 
Noob79     15-Oct-2010 10:35  
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Finally it came... shoot all bullet in....Smiley

BullishTempo      ( Date: 15-Oct-2010 10:25) Posted:

Resistance 2.12, 8 million

BullishTempo      ( Date: 15-Oct-2010 10:24) Posted:

Resistances broken !!!  Smiley


 
 
BullishTempo     15-Oct-2010 10:35  
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Yes I was just looking at the chart, does look like an ascending triangle. If it breaks out of the triangle at 2.13, bullish trend will be established. 

Noob79      ( Date: 15-Oct-2010 10:34) Posted:

kekeke i was wondering am i rite to see an ascending triangle... i think igot it to add another 20 lots at 2.07   Smiley

 
 
Noob79     15-Oct-2010 10:34  
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kekeke i was wondering am i rite to see an ascending triangle... i think igot it to add another 20 lots at 2.07   Smiley
 
 
BullishTempo     15-Oct-2010 10:33  
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Smiley

elton81      ( Date: 15-Oct-2010 10:27) Posted:

lets keep our fingers crossed.. lol

icetomato      ( Date: 15-Oct-2010 10:25) Posted:

Up!!! Can it cross 2.13 today?


 
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