Genting Sing
Last:0.74
-0.015
Traders Lounge - Daily opportunities for everyone
Post Reply
24741-24760 of 31189
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! 
cannotfind ( Date: 18-Nov-2010 15:40) Posted:
| so you buy back at 2.05 or not |
|
|
|
if BB continue to play this trick, all the retail uncle and aunties will run far far away !!!!!!.
doji is forming,...... let see my young master strategy.....2.09 and 2.07
Icymilo ( Date: 18-Nov-2010 16:37) Posted:
|
Stay sideline is the best atm, both side buy/sell is now depending on BB who is trying to clear retail away
unless you are sure that your move is opersite from retail move. Once thay clear majority of retail investor, they will start signal from chart.
Better wait
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!
|
|
|
|
STI recovering, but i donno which component stock recovering sia. lol
when the bear is in motion... best is to cut and run fast...not hold and wait for miracle... as they dont happen every now and than.. lol
Icymilo ( Date: 18-Nov-2010 16:31) Posted:
Honestly, if there ppl who kana SGX buy in, there will have ppl waiting and hope for the best especially if qty is small (below 5 lots)
elton81 ( Date: 18-Nov-2010 16:23) Posted:
| i dont think any1 who contra to bet on last wk's result would wait until today to sell... ... if not... lose until pants also pawn away. |
|
|
|
you can eat the mee pok man too !
des_khor ( Date: 18-Nov-2010 15:55) Posted:
Like this I like it as got Mee Pok to eat....
iPunter ( Date: 18-Nov-2010 14:55) Posted:
All markets have rebounded,
except the STI, which is down still.
I suppose it is to make up for the non-trading yesterday...
But then when the other markets start to fall again tomorrow,
the STI may follow suit...
|
|
|
|
Stay sideline is the best atm, both side buy/sell is now depending on BB who is trying to clear retail away
unless you are sure that your move is opersite from retail move. Once thay clear majority of retail investor, they will start signal from chart.
Better wait
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!
cannotfind ( Date: 18-Nov-2010 15:40) Posted:
| so you buy back at 2.05 or not |
|
|
|
Honestly, if there ppl who kana SGX buy in, there will have ppl waiting and hope for the best especially if qty is small (below 5 lots)
elton81 ( Date: 18-Nov-2010 16:23) Posted:
i dont think any1 who contra to bet on last wk's result would wait until today to sell... ... if not... lose until pants also pawn away..
Icymilo ( Date: 18-Nov-2010 16:20) Posted:
2.05 relatively weak as you see, with support but most retail shine to buy 2.06, all piling below 2.02 as most forum call to buy below that even for long term.
Likely to close below 2.05 today, not forgetting those who got jus before result release are to sell today. |
|
|
|
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!
cannotfind ( Date: 18-Nov-2010 15:40) Posted:
so you buy back at 2.05 or not?
iPunter ( Date: 18-Nov-2010 14:55) Posted:
All markets have rebounded,
except the STI, which is down still.
I suppose it is to make up for the non-trading yesterday...
But then when the other markets start to fall again tomorrow,
the STI may follow suit...
|
|
|
|
i dont think any1 who contra to bet on last wk's result would wait until today to sell... ... if not... lose until pants also pawn away..
Icymilo ( Date: 18-Nov-2010 16:20) Posted:
2.05 relatively weak as you see, with support but most retail shine to buy 2.06, all piling below 2.02 as most forum call to buy below that even for long term.
Likely to close below 2.05 today, not forgetting those who got jus before result release are to sell today. |
|
haha ps, i mean shy to buy, sry eh
Icymilo ( Date: 18-Nov-2010 16:20) Posted:
2.05 relatively weak as you see, with support but most retail shine to buy 2.06, all piling below 2.02 as most forum call to buy below that even for long term.
Likely to close below 2.05 today, not forgetting those who got jus before result release are to sell today. |
|
204-205 is a good entry point.
2.05 relatively weak as you see, with support but most retail shine to buy 2.06, all piling below 2.02 as most forum call to buy below that even for long term.
Likely to close below 2.05 today, not forgetting those who got jus before result release are to sell today.
gsp 1 is illusion.. not wall..
icetomato ( Date: 18-Nov-2010 16:17) Posted:
| GSP's walls are Harry Potter one. Can move around one. |
|
GSP's walls are Harry Potter one. Can move around one.
k gotta run... good luck all.
if it breaks 2.05, it will be disasterous. with a strong wall gone, it will be goner.
support is still there for genting.. just retards who base it on analyst opinions.. risking their money and betting on one mother f**ker analyst opinion.. if he is wrong.. he say oh.. i didn't take this into factoring.. but your ass is broke and beaten...
BTW Gsp drop to below 2.05 came after downgrade from Macquarie in the morning but move back after break.
What your opnion?
i'm not going to explicitly state my stance. .cause i think pple should go and read up and see for themmsleves what it means and make a decision.. but that's my stance.
firewood ( Date: 18-Nov-2010 16:09) Posted:
After doji is form, means a reversal of the trend? Means we can enter?
Leinadgnow ( Date: 18-Nov-2010 16:06) Posted:
| Previous high 2.18 closing 2.11 previous high 2.14 closing 2.10.. today's high 2.09 closing 2.06... the band getting smaller and smaller.. i already mentioned.. when the opening .. closing and high are within +0.1 or 0.2 of each other .. a harmai/ doji will appear and you guys should know what to do... that's all ..
|
|
|
|
After doji is form, means a reversal of the trend? Means we can enter?
Leinadgnow ( Date: 18-Nov-2010 16:06) Posted:
| Previous high 2.18 closing 2.11 previous high 2.14 closing 2.10.. today's high 2.09 closing 2.06... the band getting smaller and smaller.. i already mentioned.. when the opening .. closing and high are within +0.1 or 0.2 of each other .. a harmai/ doji will appear and you guys should know what to do... that's all ..
|
|
