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GenSp starts to move up again

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fools_gold
    07-Oct-2010 11:30  
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10.5M at 2.0

7.4M at 2.01



cannotfind      ( Date: 07-Oct-2010 11:28) Posted:

Wat is the queue for 2? I booking there la. I need to gain back my 1xxx contra loss.

BullishTempo      ( Date: 07-Oct-2010 11:23) Posted:

Just now reached already


 
 
niuyear
    07-Oct-2010 11:30  
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For people who are not geared to 'trading stock every day', just buy a few lots when dip, will be better off than trading every day .
 
 
BullishTempo
    07-Oct-2010 11:29  
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Call your broker and ask for intraday chart on your online trading platform. Make sure you have market depth as well.

crystal1818      ( Date: 07-Oct-2010 11:27) Posted:

Oic. Seems the support is very strong at 2.02?

Pardon for asking, why my chart only showed yesterday and not today? How to see today chart?



BullishTempo      ( Date: 07-Oct-2010 11:08) Posted:

If $2 breaks down below to $1.99 means support is gone, and price will go lower. People like me will go in and short this counter and it will go lower even faster. 


 

 
icetomato
    07-Oct-2010 11:29  
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ikan bilis is what? 1 lot again?

I buy that silver or white fish for frying egg one. Lol.



BullishTempo      ( Date: 07-Oct-2010 11:21) Posted:

2.02 is still a little bit high, so make sure you are buying ikan billis and not selling your car or house to buy.

fools_gold      ( Date: 07-Oct-2010 11:19) Posted:

Oh yeah, sorry my bad LOL. 2.01 or 2.02. Anyway, I queued at 2.20 I hope its not too late since buying is picking up just a li'l bit


 
 
BullishTempo
    07-Oct-2010 11:28  
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2.02 is at my fibonanci retracement support level. So I am willing to buy a little bit here. But remember Morgan Stanley has a downgrade recommendation with TP at $2.00.  When trading, remember all these facts in mind.
 
 
cannotfind
    07-Oct-2010 11:28  
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Wat is the queue for 2? I booking there la. I need to gain back my 1xxx contra loss.

BullishTempo      ( Date: 07-Oct-2010 11:23) Posted:

Just now reached already.

cannotfind      ( Date: 07-Oct-2010 11:20) Posted:

Has it reached 2.01 already?


 

 
fools_gold
    07-Oct-2010 11:27  
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what rules exactly. what happens if you dont buy back at the same day?

badbad2000      ( Date: 07-Oct-2010 11:24) Posted:

now shortist no need buy back in hurry as long as have CFD account. Smiley


BullishTempo      ( Date: 07-Oct-2010 11:19) Posted:

Just take note that shorting for common shares has got rules. Must buy back within the same day. I am trading CFDs, so no such rule applies to me


 
 
crystal1818
    07-Oct-2010 11:27  
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Oic. Seems the support is very strong at 2.02?

Pardon for asking, why my chart only showed yesterday and not today? How to see today chart?



BullishTempo      ( Date: 07-Oct-2010 11:08) Posted:

If $2 breaks down below to $1.99 means support is gone, and price will go lower. People like me will go in and short this counter and it will go lower even faster. 

crystal1818      ( Date: 07-Oct-2010 11:06) Posted:

Don't get you. What do you mean by if $2 breaks and short (sell) this counter? Sell and buy at low price later?



 
 
badbad2000
    07-Oct-2010 11:25  
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only 234,000 bid volume, unless you queue last night... then u get hit

BullishTempo      ( Date: 07-Oct-2010 11:23) Posted:

Just now reached already.

cannotfind      ( Date: 07-Oct-2010 11:20) Posted:

Has it reached 2.01 already?


 
 
badbad2000
    07-Oct-2010 11:24  
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now shortist no need buy back in hurry as long as have CFD account. Smiley


BullishTempo      ( Date: 07-Oct-2010 11:19) Posted:

Just take note that shorting for common shares has got rules. Must buy back within the same day. I am trading CFDs, so no such rule applies to me.

Abit-loss      ( Date: 07-Oct-2010 11:16) Posted:

Hi, Is it meaning that sell at 1.99 when support of 2.00 broken and buy back later ay much lower price, since it will drop further when support is broken? right


 

 
BullishTempo
    07-Oct-2010 11:23  
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Just now reached already.

cannotfind      ( Date: 07-Oct-2010 11:20) Posted:

Has it reached 2.01 already??

ShareWithMe      ( Date: 07-Oct-2010 10:57) Posted:



$2 achieveable ?

2.01 seems to be lowest it will go .. at least for now.


 
 
BullishTempo
    07-Oct-2010 11:21  
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2.02 is still a little bit high, so make sure you are buying ikan billis and not selling your car or house to buy.

fools_gold      ( Date: 07-Oct-2010 11:19) Posted:

Oh yeah, sorry my bad LOL. 2.01 or 2.02. Anyway, I queued at 2.20 I hope its not too late since buying is picking up just a li'l bit.

BullishTempo      ( Date: 07-Oct-2010 11:15) Posted:

I think you meant 2.01 or 2.0


 
 
cannotfind
    07-Oct-2010 11:20  
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Has it reached 2.01 already??

ShareWithMe      ( Date: 07-Oct-2010 10:57) Posted:



$2 achieveable ?

2.01 seems to be lowest it will go .. at least for now.

 
 
fools_gold
    07-Oct-2010 11:19  
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Oh yeah, sorry my bad LOL. 2.01 or 2.02. Anyway, I queued at 2.20 I hope its not too late since buying is picking up just a li'l bit.

BullishTempo      ( Date: 07-Oct-2010 11:15) Posted:

I think you meant 2.01 or 2.02

fools_gold      ( Date: 07-Oct-2010 11:11) Posted:

I think he means that it is common logic in trading to buy above the support level not otherwise. Today, there is a great support at 2.0 so it would be better to buy at 2.10 or 2.20 since there is a support at 2.0. Correct me if im misundersting something.

 



 
 
BullishTempo
    07-Oct-2010 11:19  
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Just take note that shorting for common shares has got rules. Must buy back within the same day. I am trading CFDs, so no such rule applies to me.

Abit-loss      ( Date: 07-Oct-2010 11:16) Posted:

Hi, Is it meaning that sell at 1.99 when support of 2.00 broken and buy back later ay much lower price, since it will drop further when support is broken? right?

fools_gold      ( Date: 07-Oct-2010 11:11) Posted:

I think he means that it is common logic in trading to buy above the support level not otherwise. Today, there is a great support at 2.0 so it would be better to buy at 2.10 or 2.20 since there is a support at 2.0. Correct me if im misundersting something.

 



 

 
badbad2000
    07-Oct-2010 11:18  
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blue team seems like working hard now....
 
 
BullishTempo
    07-Oct-2010 11:17  
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STI down turning again. Be careful here.
 
 
Abit-loss
    07-Oct-2010 11:16  
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Hi, Is it meaning that sell at 1.99 when support of 2.00 broken and buy back later ay much lower price, since it will drop further when support is broken? right?

fools_gold      ( Date: 07-Oct-2010 11:11) Posted:

I think he means that it is common logic in trading to buy above the support level not otherwise. Today, there is a great support at 2.0 so it would be better to buy at 2.10 or 2.20 since there is a support at 2.0. Correct me if im misundersting something.

 



crystal1818      ( Date: 07-Oct-2010 11:06) Posted:

Don't get you. What do you mean by if $2 breaks and short (sell) this counter? Sell and buy at low price later?



 
 
BullishTempo
    07-Oct-2010 11:15  
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I think you meant 2.01 or 2.02

fools_gold      ( Date: 07-Oct-2010 11:11) Posted:

I think he means that it is common logic in trading to buy above the support level not otherwise. Today, there is a great support at 2.0 so it would be better to buy at 2.10 or 2.20 since there is a support at 2.0. Correct me if im misundersting something.

 



crystal1818      ( Date: 07-Oct-2010 11:06) Posted:

Don't get you. What do you mean by if $2 breaks and short (sell) this counter? Sell and buy at low price later?



 
 
fools_gold
    07-Oct-2010 11:13  
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hahaha i know. im just kidding

BullishTempo      ( Date: 07-Oct-2010 11:10) Posted:

LoL, that information is private and confidential   Smiley

fools_gold      ( Date: 07-Oct-2010 11:03) Posted:

Your ikan billis may not be "ikan billis" at all LOL. Well, at least for some like me Let me guess, 50 lots?



 
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