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yeah but I not cutting loss yet unless break $2.00. Like I said, BBs and fund managers will be accumulating more as the price goes down.
fools_gold ( Date: 07-Oct-2010 12:16) Posted:
| geez 2.020 got wiped out. |
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More like Fibonacci
epliew ( Date: 07-Oct-2010 12:12) Posted:
newton law of gravity ?
BullishTempo ( Date: 07-Oct-2010 12:05) Posted:
Gordon Gekko from Wall Street 2 is back  |
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geez 2.020 got wiped out.
2.02 going down soon. I think somebody in this forum said before, we should buy gentingSP, go to Jail, and come out 10 years later a rich man
cannotfind ( Date: 07-Oct-2010 12:13) Posted:
| Wah dun talk about history la. If talk history all sad. I even got keppeland at $1 only. Sold at $1.5 then up and up so sad. The moral here is wait for the next 8 years and then buy shares. Every 10 years big recession. This time dun sell when even 100% profit but who can stand it. |
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Wah dun talk about history la. If talk history all sad. I even got keppeland at $1 only. Sold at $1.5 then up and up so sad. The moral here is wait for the next 8 years and then buy shares. Every 10 years big recession. This time dun sell when even 100% profit but who can stand it.
newton law of gravity ?
BullishTempo ( Date: 07-Oct-2010 12:05) Posted:
Gordon Gekko from Wall Street 2 is back
G.Gekko ( Date: 07-Oct-2010 12:04) Posted:
Do remember brothers, only about 10 days ago, GenSP was about 1.80 - 1.88 range. What goes up, must retrace back. Current situation is healthy. Range-play betw 1.98 - 2.06 today. |
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MARKET PULSE
Oct. 6, 2010, 11:11 p.m. EDT · Recommend · Post: 
Japan, Hong Kong shares higher, but Korea slipping
AlertEmailPrintShareBy V. Phani KumarHONG KONG (MarketWatch) -- Tokyo and Hong Kong stocks rose and Seoul and Singapore shares slipped, as investors remained cautious ahead of the release of Friday's U.S. jobs data and reopening of Chinese markets. Materials shares outperformed most sectors in the region on recent support for commodities from the U.S. dollar weakness. Hong Kong's Hang Seng Index (HK:HSI 22,880, -0.51, 0.00%) gained 0.2% to 22,926.98, Australila's S&P/ASX 200 (AU:XJO 4,685, -1.59, -0.03%) added 0.1%, Taiwan's Taiex advanced 0.3%, and Japan's Nikkei Stock Average (JP:NI225 9,697, +5.79, +0.06%) ended the morning session up 0.1%. Ranking among losers, South Korea's Kospi fell 0.2%, Singapore's Straits Times Index gave up 0.4% and Indonesian shares fell 0.6%, while New Zealand's NZX 50 was little changed. Commodity shares generally gained, with Inpex Corp.(JP:1605 414,500, +10,500, +2.60%) (IDCBY 38.03, +0.52, +1.39%) rising 1.3% in Tokyo, BHP Billiton (BHP 80.10, +0.01, +0.01%) (AU:BHP 40.87, +0.34, +0.84%) gaining 0.9% in Sydney, and Cnooc Ltd. (HK:883 16.38, +0.08, +0.49%) (CEO 210.36, -0.68, -0.32%) adding 1% in Hong Kong.
Is this downgrade by Morgan Stanley the Red Herring? looks like the region market is slowing as well..
KL -1.66
Nikkei +6.02
HSI +9.24
KOSPI -4.52
BullishTempo ( Date: 07-Oct-2010 12:00) Posted:
There was a downgrade by Morgan Stanley this morning. I posted at 8.50am before market opened. Make it a point to wake up early and read the news before market opens.
Abit-loss ( Date: 07-Oct-2010 11:56) Posted:
I was still holding on yesterday cause my broker advice that I should hold till next week.
But this morning, when it suddenly plunge, I also plunge...
Yesterday the DOW was high and yet it still went down, then I remember Bullish mentioned something about Genting always does the reverse with DOW. And further to this, there have been no BAD news on Genting, dont understand the cause of plunge.. |
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Gordon Gekko from Wall Street 2 is back
G.Gekko ( Date: 07-Oct-2010 12:04) Posted:
Do remember brothers, only about 10 days ago, GenSP was about 1.80 - 1.88 range. What goes up, must retrace back. Current situation is healthy. Range-play betw 1.98 - 2.06 today.
BullishTempo ( Date: 07-Oct-2010 12:01) Posted:
| Very observant. This is bad news for the bulls, good news for the bears. Now observe and see if it recovers |
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Do remember brothers, only about 10 days ago, GenSP was about 1.80 - 1.88 range.
What goes up, must retrace back. Current situation is healthy.
Range-play betw 1.98 - 2.06 today.
BullishTempo ( Date: 07-Oct-2010 12:01) Posted:
Very observant. This is bad news for the bulls, good news for the bears. Now observe and see if it recovers.
belgeran ( Date: 07-Oct-2010 11:59) Posted:
woot...3174 broke..
HSI is creating new lows for the day.. |
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As STI turns down below support level, you see GentingSP behaving the same way. 2.02 may not be safe now.
BullishTempo ( Date: 07-Oct-2010 12:01) Posted:
Very observant. This is bad news for the bulls, good news for the bears. Now observe and see if it recovers.
belgeran ( Date: 07-Oct-2010 11:59) Posted:
woot...3174 broke..
HSI is creating new lows for the day.. |
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Very observant. This is bad news for the bulls, good news for the bears. Now observe and see if it recovers.
belgeran ( Date: 07-Oct-2010 11:59) Posted:
woot...3174 broke..
HSI is creating new lows for the day.. |
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There was a downgrade by Morgan Stanley this morning. I posted at 8.50am before market opened. Make it a point to wake up early and read the news before market opens.
Abit-loss ( Date: 07-Oct-2010 11:56) Posted:
I was still holding on yesterday cause my broker advice that I should hold till next week.
But this morning, when it suddenly plunge, I also plunge...
Yesterday the DOW was high and yet it still went down, then I remember Bullish mentioned something about Genting always does the reverse with DOW. And further to this, there have been no BAD news on Genting, dont understand the cause of plunge.. |
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woot...3174 broke..
HSI is creating new lows for the day..
I was still holding on yesterday cause my broker advice that I should hold till next week.
But this morning, when it suddenly plunge, I also plunge...
Yesterday the DOW was high and yet it still went down, then I remember Bullish mentioned something about Genting always does the reverse with DOW. And further to this, there have been no BAD news on Genting, dont understand the cause of plunge..
Ya lor. But it can also suddenly be eaten up or taken away.
You can see sell queue at 2.03 getting bigger now.
thanks.. from the look of it, I am in the 80% now... guess I sidestep for the time being and just watch the market then...
but funny thing is whenever I sidestep, (so far 2 times) it went up by 0.08 to 0.12 the last times..
BullishTempo ( Date: 07-Oct-2010 11:47) Posted:
Trading is risky and not for the faint hearted. Truth is, more people lost money in the stock market than people who made money. It is always the top few percentage of the traders or investors who suck money out of the bottom 80% retail investors. So are you in the top 20% or bottom 80%? When I started I lost money like crazy, and then I told myself I must learn all the proper trading methodologies before I lose more money again. This is more than a year ago. So this is a question you must ask yourself now. Is trading for me? If not, better to get a regular day job.
Abit-loss ( Date: 07-Oct-2010 11:43) Posted:
Bullish, Cannotfind, Pharoah,
Seems like the three of you have vast experience here. Seeing the price drop so much today, makes me scare in trading. I bought in at 2.1 yesterday and have to cut lost at 2.03.... got burn liao...
Should I wait or is this a time to buy in again? seeing that it is still hovering at same price now. |
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Buyingn One lot or few lots could make you rich.
Someone i know, just bought
Keppel corp - one lot when it was at its lowest price
SGX - one lot
singtel - 2 lots ($2.50 plus, i think)
Genting - 5 lots (0.70)
BullishTempo ( Date: 07-Oct-2010 11:47) Posted:
Trading is risky and not for the faint hearted. Truth is, more people lost money in the stock market than people who made money. It is always the top few percentage of the traders or investors who suck money out of the bottom 80% retail investors. So are you in the top 20% or bottom 80%? When I started I lost money like crazy, and then I told myself I must learn all the proper trading methodologies before I lose more money again. This is more than a year ago. So this is a question you must ask yourself now. Is trading for me? If not, better to get a regular day job.
Abit-loss ( Date: 07-Oct-2010 11:43) Posted:
Bullish, Cannotfind, Pharoah,
Seems like the three of you have vast experience here. Seeing the price drop so much today, makes me scare in trading. I bought in at 2.1 yesterday and have to cut lost at 2.03.... got burn liao...
Should I wait or is this a time to buy in again? seeing that it is still hovering at same price now. |
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Trading is risky and not for the faint hearted. Truth is, more people lost money in the stock market than people who made money. It is always the top few percentage of the traders or investors who suck money out of the bottom 80% retail investors.
So are you in the top 20% or bottom 80%? When I started I lost money like crazy, and then I told myself I must learn all the proper trading methodologies before I lose more money again. This is more than a year ago. So this is a question you must ask yourself now. Is trading for me? If not, better to get a regular day job.
Abit-loss ( Date: 07-Oct-2010 11:43) Posted:
Bullish, Cannotfind, Pharoah,
Seems like the three of you have vast experience here. Seeing the price drop so much today, makes me scare in trading. I bought in at 2.1 yesterday and have to cut lost at 2.03.... got burn liao...
Should I wait or is this a time to buy in again? seeing that it is still hovering at same price now. |
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