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GenSp starts to move up again

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CBClow
    14-Oct-2010 12:07  
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so did u buy?

bladez87      ( Date: 14-Oct-2010 12:00) Posted:

what is the news with wilmar. 2 days shot up 40cents! whoever bought ytd and shot just now will be laughing to bank now.

 
 
epliew
    14-Oct-2010 12:04  
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agree but when will it cheong again ? today or next week ?

belgeran      ( Date: 14-Oct-2010 12:00) Posted:

white text is hard to read..

anyway.. its a psychological effect... especially on ppl with contra and.. especially on ppl who have the mentality that they don't wanna lose $$ or lose out on the maximum possible profit..

Suppose the share trades at 2.0, 2.01 now..

if there were 10mil shares waiting at 2.0, 5mil shares waiting at 2.01.. your first thought would be there are more buyers than sellers.... however, say on the 10mil buy queue, it suddenly dipped to 1mil.. or lesser... your initial reaction would be, "oh no, i need to sell now if not i won't be able to earn more" or "hey whats happening,why suddenly 9mil shares gone, should i sell now, i better sell now if not i may drop further" kinda reactions.

These work well on ppl who over extended their position, has no holding power and read only on the 1st layer of queueing ;)



SnowCloud      ( Date: 14-Oct-2010 11:37) Posted:

Hi. I'm totally new in this. But can someone enlighten me on BT's experiment yesterday. How did buffing the buying queue pushed up the price?


 
 
belgeran
    14-Oct-2010 12:00  
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white text is hard to read..

anyway.. its a psychological effect... especially on ppl with contra and.. especially on ppl who have the mentality that they don't wanna lose $$ or lose out on the maximum possible profit..

Suppose the share trades at 2.0, 2.01 now..

if there were 10mil shares waiting at 2.0, 5mil shares waiting at 2.01.. your first thought would be there are more buyers than sellers.... however, say on the 10mil buy queue, it suddenly dipped to 1mil.. or lesser... your initial reaction would be, "oh no, i need to sell now if not i won't be able to earn more" or "hey whats happening,why suddenly 9mil shares gone, should i sell now, i better sell now if not i may drop further" kinda reactions.

These work well on ppl who over extended their position, has no holding power and read only on the 1st layer of queueing ;)



SnowCloud      ( Date: 14-Oct-2010 11:37) Posted:

Hi. I'm totally new in this. But can someone enlighten me on BT's experiment yesterday. How did buffing the buying queue pushed up the price?

 

 
bladez87
    14-Oct-2010 12:00  
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what is the news with wilmar. 2 days shot up 40cents! whoever bought ytd and shot just now will be laughing to bank now.
 
 
epliew
    14-Oct-2010 12:00  
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so when it would cheong again ?

Raptor22      ( Date: 14-Oct-2010 10:44) Posted:

Not really. This is so far a great counter. Very elastic.

BullishTempo      ( Date: 14-Oct-2010 10:42) Posted:

Are u looking at other counters also? Our singapore commodity counters quite hot, look at Olam and Wilma


 
 
Raptor22
    14-Oct-2010 11:48  
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Think that was done to tickle the buyers to come in.  

And it doesn't seem to work well.

Come on BB "Do it many more times la" 
 

 
Raptor22
    14-Oct-2010 11:40  
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wow.... coming in?

1335K buy up @2.08 
 
 
BullishTempo
    14-Oct-2010 11:38  
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Think i just saw a BB action, 1m buy up 

Noob79      ( Date: 14-Oct-2010 11:28) Posted:

just filling up yesterday  2.06-2.09 gap

 
 
SnowCloud
    14-Oct-2010 11:37  
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Hi. I'm totally new in this. But can someone enlighten me on BT's experiment yesterday. How did buffing the buying queue pushed up the price?
 
 
Noob79
    14-Oct-2010 11:28  
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just filling up yesterday  2.06-2.09 gap
 

 
Raptor22
    14-Oct-2010 11:22  
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2.07 / 2.08
 
 
icetomato
    14-Oct-2010 11:18  
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That is just coincidence......

epliew      ( Date: 14-Oct-2010 11:12) Posted:

normally STI down genting up right ?

BullishTempo      ( Date: 14-Oct-2010 11:01) Posted:

yeah STI is down trending at the momen


 
 
ShareWithMe
    14-Oct-2010 11:17  
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Guess i share the same sentiments as you, Raptor.

I waiting for the right price to go in again. Smiley

 



Raptor22      ( Date: 14-Oct-2010 11:07) Posted:

Almost VERY CERTAIN it will hit 2.18. Question is WHEN la?

Anyway, I am looking for it to drop down the pit for hte moment. Sorry guys, i wanna go in again lor. 



ShareWithMe      ( Date: 14-Oct-2010 11:04) Posted:

Downtrend today .. excitements over.

Will it ever hit the peak again at 2.18 ?



 
 
CBClow
    14-Oct-2010 11:15  
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Currently lots of profit taking

 
 
 
bishan22
    14-Oct-2010 11:13  
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i waiting for next round to enter. hope for the best. good luck. Smiley
 

 
Raptor22
    14-Oct-2010 11:12  
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2.18?

Pharoah says chief kingmaker is late..... never said HOW late lor.

AK still out of town, back only later today. If he is the CK (chief kingmaker), then probably tomorrow see how.

 

 
 
 
epliew
    14-Oct-2010 11:12  
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normally STI down genting up right ?

BullishTempo      ( Date: 14-Oct-2010 11:01) Posted:

yeah STI is down trending at the moment

Raptor22      ( Date: 14-Oct-2010 11:00) Posted:



woah.... 2.08/2.09 already

 


 
 
Raptor22
    14-Oct-2010 11:07  
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Almost VERY CERTAIN it will hit 2.18. Question is WHEN la?

Anyway, I am looking for it to drop down the pit for hte moment. Sorry guys, i wanna go in again lor. 



ShareWithMe      ( Date: 14-Oct-2010 11:04) Posted:

Downtrend today .. excitements over.

Will it ever hit the peak again at 2.18 ?



Raptor22      ( Date: 14-Oct-2010 11:00) Posted:



woah.... 2.08/2.09 already

 


 
 
BullishTempo
    14-Oct-2010 11:06  
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no idea leh. There is no sure thing in the stock market. 

ShareWithMe      ( Date: 14-Oct-2010 11:04) Posted:

Downtrend today .. excitements over.

Will it ever hit the peak again at 2.18 ?



Raptor22      ( Date: 14-Oct-2010 11:00) Posted:



woah.... 2.08/2.09 already

 


 
 
ShareWithMe
    14-Oct-2010 11:04  
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Downtrend today .. excitements over.

Will it ever hit the peak again at 2.18 ?



Raptor22      ( Date: 14-Oct-2010 11:00) Posted:



woah.... 2.08/2.09 already

 

 
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