Genting Sing
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2.04 is the lowest if it close today.....
if broken, it could free fall to 1.86 which my master daniel mentioned. otherwise a reverse trend between from 2.04 to 2.3 max.
ditto. i also bought insurance this morning, too damned scared.
spiderman_er ( Date: 18-Nov-2010 17:07) Posted:
Yes, agreed with you , I am also more bias towards BEAR. So I finally hedge GSP at 2.05 Tks
iPunter ( Date: 18-Nov-2010 16:50) Posted:
You see, as far as I am concerned, it has already breached that to touch 2.02 earlier!...
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Closed 2.05 selldown. 2.05... neither here nor there... Zzz
bladez87 ( Date: 18-Nov-2010 17:05) Posted:
i dont see how this confirms a reversal if it closes at 2.05
Icymilo ( Date: 18-Nov-2010 16:48) Posted:
| At this point of time, if GSP close at 2.05 today, tomorrow onwards is uptrend l |
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Yes, agreed with you , I am also more bias towards BEAR. So I finally hedge GSP at 2.05
Tks
iPunter ( Date: 18-Nov-2010 16:50) Posted:
You see, as far as I am concerned, it has already breached that to touch 2.02 earlier!...
spiderman_er ( Date: 18-Nov-2010 16:42) Posted:
We are now at the support zone (2.05 - 2.07) waiting to see GSP stay above support or fall below support. Why rush to open a position? Why not wait for confirmation that the reversal is positive before LONG. Buy after confirmation will be a few cents higher but at least you feel at peace in your heart & mind. I don't aim to buy at the cheapest price, near cheapest price is good enough. |
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I agree with Gaecia, it's not a doji if ends at 2.05. Icymilo, can you kindly enlighten us on how u arrive at that conclusion of a trend reversal ? All i know that it has already hit the lower band of Bollinger Band and Stochastic in the oversold zone.
Gaecia ( Date: 18-Nov-2010 16:56) Posted:
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oh is it? reckon i'm silly to read things differently.
Previous day's ending price GSP was 2.10, intra day high 2.14.
Today it opened at 2.07 gapped down, high of 2.09 could not catch up with prev. day's closing. IF today ends at 2.05, it is another black candle. Not doji. Another black candle doesn't signal trend reversal.
Icymilo ( Date: 18-Nov-2010 16:48) Posted:
| At this point of time, if GSP close at 2.05 today, tomorrow onwards is uptrend l |
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Buy up 5m?
don't speak too soon. The investment bankers knows our trading behavior and common pyschology. The min. threshold of most retail pple who are in long positions is the magical $2. Gsp can be made to dive below that to trigger and wipe out many people's stop limit at that level.
Again must be Gaecia really thinking too much, worry abt d sky dropping. i also hope it doesn't happen.
elton81 ( Date: 18-Nov-2010 16:57) Posted:
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lol.. as long as it doesnt touch 2.01 or 1.99 ... should still be safe... BBs are fighting to maintain it at 2.03-2.05 range also... lol if it breaches 1.99... time to run...
iPunter ( Date: 18-Nov-2010 16:50) Posted:
You see, as far as I am concerned, it has already breached that to touch 2.02 earlier!...
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i dont see how this confirms a reversal if it closes at 2.05
Icymilo ( Date: 18-Nov-2010 16:48) Posted:
At this point of time, if GSP close at 2.05 today, tomorrow onwards is uptrend le
Gaecia ( Date: 18-Nov-2010 16:44) Posted:
even STI has clawed back but gensp couldn't despite being component counter. this is not good imo, jus waiting to stir shit. Even parking your money into Noble this morning wld hav been more productive time wise and $ yield for the day. |
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Pardon me m8, i say uptrend not cheong la, mean can consider to long from tommrow onwards but will be looking for entry point as tomorrow is Friday.
Gaecia ( Date: 18-Nov-2010 16:56) Posted:
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oh is it? reckon i'm silly to read things differently.
Previous day's ending price GSP was 2.10, intra day high 2.14.
Today it opened at 2.07 gapped down, high of 2.09 could not catch up with prev. day's closing. IF today ends at 2.05, it is another black candle. Not doji. Another black candle doesn't signal trend reversal.
Icymilo ( Date: 18-Nov-2010 16:48) Posted:
| At this point of time, if GSP close at 2.05 today, tomorrow onwards is uptrend l |
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Oh ok. Sounds good, although I don't know charts. Looking forward to a good week next week.
Icymilo ( Date: 18-Nov-2010 16:59) Posted:
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Since both side is BB, they will not keep the chart too far away.
moreover, europe worry on ireland easing down, US major IPO and asia recovering from last few losses,
will be too "ma fun" if chart is too far awaaay.....cheers
icetomato ( Date: 18-Nov-2010 16:50) Posted:
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sti finally turn to green :)
Since both side is BB, they will not keep the chart too far away.
moreover, europe worry on ireland easing down, US major IPO and asia recovering from last few losses,
will be too "ma fun" if chart is too far awaaay.....cheers
icetomato ( Date: 18-Nov-2010 16:50) Posted:
A very very big IF
Icymilo ( Date: 18-Nov-2010 16:48) Posted:
| At this point of time, if GSP close at 2.05 today, tomorrow onwards is uptrend l |
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lol.. as long as it doesnt touch 2.01 or 1.99 ... should still be safe... BBs are fighting to maintain it at 2.03-2.05 range also... lol if it breaches 1.99... time to run...
iPunter ( Date: 18-Nov-2010 16:50) Posted:
You see, as far as I am concerned, it has already breached that to touch 2.02 earlier!...
spiderman_er ( Date: 18-Nov-2010 16:42) Posted:
We are now at the support zone (2.05 - 2.07) waiting to see GSP stay above support or fall below support. Why rush to open a position? Why not wait for confirmation that the reversal is positive before LONG. Buy after confirmation will be a few cents higher but at least you feel at peace in your heart & mind. I don't aim to buy at the cheapest price, near cheapest price is good enough. |
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oh is it? reckon i'm silly to read things differently.
Previous day's ending price GSP was 2.10, intra day high 2.14.
Today it opened at 2.07 gapped down, high of 2.09 could not catch up with prev. day's closing. IF today ends at 2.05, it is another black candle. Not doji. Another black candle doesn't signal trend reversal.
Icymilo ( Date: 18-Nov-2010 16:48) Posted:
At this point of time, if GSP close at 2.05 today, tomorrow onwards is uptrend le
Gaecia ( Date: 18-Nov-2010 16:44) Posted:
even STI has clawed back but gensp couldn't despite being component counter. this is not good imo, jus waiting to stir shit. Even parking your money into Noble this morning wld hav been more productive time wise and $ yield for the day. |
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Haha, i gamble 180 dollars on this warrant.
see 2 yrs later what will happen
Jade W121114
A very very big IF
Icymilo ( Date: 18-Nov-2010 16:48) Posted:
At this point of time, if GSP close at 2.05 today, tomorrow onwards is uptrend le
Gaecia ( Date: 18-Nov-2010 16:44) Posted:
even STI has clawed back but gensp couldn't despite being component counter. this is not good imo, jus waiting to stir shit. Even parking your money into Noble this morning wld hav been more productive time wise and $ yield for the day. |
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You see, as far as I am concerned,
it has already breached that to touch 2.02 earlier!...
spiderman_er ( Date: 18-Nov-2010 16:42) Posted:
We are now at the support zone (2.05 - 2.07) waiting to see GSP stay above support or fall below support. Why rush to open a position? Why not wait for confirmation that the reversal is positive before LONG. Buy after confirmation will be a few cents higher but at least you feel at peace in your heart & mind. I don't aim to buy at the cheapest price, near cheapest price is good enough.
iPunter ( Date: 18-Nov-2010 16:29) Posted:
I went in long@2.05 because that is my support. Then I immediately exited @2.04, after the brief rebound from there and then dropped to 2.02. The only reason I exited so quickly is because it has broken down my support. Since it has broken down my support, it doesn't make any more sense for me to long, right?. If I do re-enter, I should be shorting!
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At this point of time, if GSP close at 2.05 today, tomorrow onwards is uptrend le
Gaecia ( Date: 18-Nov-2010 16:44) Posted:
even STI has clawed back but gensp couldn't despite being component counter. this is not good imo, jus waiting to stir shit. Even parking your money into Noble this morning wld hav been more productive time wise and $ yield for the day. |
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even STI has clawed back but gensp couldn't despite being component counter. this is not good imo, jus waiting to stir shit. Even parking your money into Noble this morning wld hav been more productive time wise and $ yield for the day.
commo moving up slightly
bladez87 ( Date: 18-Nov-2010 16:39) Posted:
| STI recovering, but i donno which component stock recovering sia. lol |
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