Genting Sing
Last:0.745
+0.005
GenSp starts to move up again
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3061-3080 of 23260
nearly every person you know shivers and "
lao sai " (pee in the pants)
iPunter ( Date: 09-Aug-2011 14:30) Posted:
The time is not ripe yet...
At this moment, many people see it stabilizing already...
But the real stability will come only when
nearly every person you know shivers and " lao sai"
on merely hearing the word " stocks" mentioned... 
New123 ( Date: 09-Aug-2011 13:46) Posted:
tks. looks like mkt could be another day of panic selling. Hope this will be past soon. Fundamentally US & Europe economy is not into recession. Just moderate growth.. Mkt will stabilise when ppl start to see its value again... |
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The time is not ripe yet...
At this moment, many people see it stabilizing already...
But the real stability will come only when
nearly every person you know shivers and "
lao sai"
on merely hearing the word " stocks" mentioned...
New123 ( Date: 09-Aug-2011 13:46) Posted:
tks. looks like mkt could be another day of panic selling. Hope this will be past soon. Fundamentally US & Europe economy is not into recession. Just moderate growth.. Mkt will stabilise when ppl start to see its value again... |
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tks. looks like mkt could be another day of panic selling. Hope this will be past soon. Fundamentally US & Europe economy is not into recession. Just moderate growth.. Mkt will stabilise when ppl start to see its value again...
That is not allowed
.2 weeks b4 announcement of result,Company or SSH are not allowed do buy shares.
New123 ( Date: 08-Aug-2011 15:26) Posted:
| The fighting forces is back. I think the company is buying up to support the shares prices... |
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Singapore and Malaysia will be the main beneficiaries of inflows into the region as global funds step up diversification into non-dollar assets after the US lost its top credit rating, according to Macquarie Group Ltd.
International investors will add to holdings of Singapore bonds, the only economy in Southeast Asia with a top rating from Standard & Poor’s, Moody’s Investors Service and Fitch Ratings, the bank said in a research note dated Aug. 6. Malaysia, which has the world’s largest Islamic debt market, will become more attractive to investors in the Middle East, according to Australia’s biggest investment bank.
S& P cut its rating on the US by one level to AA+ on Aug. 5, with a negative outlook, saying this month’s agreement among lawmakers in the world’s largest economy to raise a US$14.3 trillion debt limit and spending cuts fell short of what would be necessary to stabilize the government’s medium-term debt dynamics. Moody’s re-affirmed its top rating on the US on Aug. 2 and kept the outlook negative.
“The downgrade solidifies Singapore as the new safe-haven in Asia,” Singapore-based strategist Matt Huang wrote in the report. “Despite offering a lower yield to the US, expected currency appreciation will likely more than compensate investors.” He confirmed the content of the report in an e- mail.
The fighting forces is back. I think the company is buying up to support the shares prices...
With 4 falling windows, it's very dangerous.
Don't get hit lor.
EdwardLiu ( Date: 07-Aug-2011 13:57) Posted:
On Friday, Genting SP re-test the support at $1.77 and closed at $1.78 with HIGH volume of 0.162 billion shares traded.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. There have been 4 falling windows in the last 50 candles–this makes the current falling window even more bearish.
RSI & MACD are bearish as RSI trend downwards.
Immediate Resistance of Genting SP: $1.84
Immediate Support of Genting: $1.77
Currently prices are well below 20/50/100/200 days MA.
Prices re-test the critical support at $1.77 with high selling pressure but managed to stay above this level.
The support at $1.77 is expected to be very strong and critical. More selling will be triggered if this support is breached.
It is important to understand Genting SP currently display a descending triangle thus it is not advisable to long this stock for time being.
Note: Genting SP earning report is at 12 Aug Read |
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History is in the making...
Under the ominous circumstances
it is best to avoid any commitments...
Gaecia ( Date: 07-Aug-2011 23:44) Posted:
You still want to collect this sheesh?
iPunter ( Date: 07-Aug-2011 23:39) Posted:
| You mean it will still be dropping like sheet?...
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You still want to collect this sheesh?
iPunter ( Date: 07-Aug-2011 23:39) Posted:
You mean it will still be dropping like sheet?...
marubozu1688 ( Date: 07-Aug-2011 23:29) Posted:
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You mean it will still be dropping like sheet?...
marubozu1688 ( Date: 07-Aug-2011 23:29) Posted:
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w.o.w, no support in sight?! Your chart analysis...reliable or not?
This will freak out many, many longtime punters.
marubozu1688 ( Date: 07-Aug-2011 23:29) Posted:
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I am seeing the same chart for Genting SP. No significant supports at sight if $1.78 support is broken.
http://mystocksinvesting.com/singapore-stocks/genting-singapore/genting-sp-testing-important-support/
On Friday, Genting SP re-test the support at $1.77 and closed at $1.78 with HIGH volume of 0.162 billion shares traded.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. There have been 4 falling windows in the last 50 candles–this makes the current falling window even more bearish.
RSI & MACD are bearish as RSI trend downwards.
Immediate Resistance of Genting SP: $1.84
Immediate Support of Genting: $1.77
Currently prices are well below 20/50/100/200 days MA.
Prices re-test the critical support at $1.77 with high selling pressure but managed to stay above this level.
The support at $1.77 is expected to be very strong and critical. More selling will be triggered if this support is breached.
It is important to understand Genting SP currently display a descending triangle thus it is not advisable to long this stock for time being.
Note: Genting SP earning report is at 12 Aug Read
The best time to invest in stocks is in a very bad recession...
At this point in time, since forecasts of economy are still upbeat,
It may not be the best time. The best time is when
forecasts are gloomy.
But the problem is then everyone comes will be shivering in their
urine-wet pants when they think of stocks...
that's most likely when the market will reverse...
no master ipunter, i havent even boarded the ship..
i missed the boat monday remember? i only got panic when cosco dropped like mad and quickly jumped the bull ship on this counter.. but didnt have the guts to board the bear ship..
iPunter ( Date: 06-Aug-2011 22:44) Posted:
I said before that every moment is a moment for betting...
It may or may not go up as you desire...
And if it gaps down, you would be slapping
your forehead with the palm for not getting out
'while the going is good'...
rotijai ( Date: 06-Aug-2011 22:26) Posted:
yes pls chiong back to 1.95
i am waiting for u |
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I said before that
every moment is a moment for betting...
It may or may not go up as you desire...
And if it gaps down, you would be slapping
your forehead with the palm for not getting out
'while the going is good'...
rotijai ( Date: 06-Aug-2011 22:26) Posted:
yes pls chiong back to 1.95
i am waiting for u !
New123 ( Date: 06-Aug-2011 22:12) Posted:
I think they will report a set of good result. The company has been buying back shares at $1.81 recently.
Hopefully it will move into uptrend mode! |
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yes pls chiong back to 1.95
i am waiting for u !
New123 ( Date: 06-Aug-2011 22:12) Posted:
I think they will report a set of good result. The company has been buying back shares at $1.81 recently.
Hopefully it will move into uptrend mode! |
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I think they will report a set of good result. The company has been buying back shares at $1.81 recently.
Hopefully it will move into uptrend mode!
Will the quarterly earnings for Genting SP be worse?Btw ,Genting SP. Q2 Announcement is on 12 Aug.
gohcsn ( Date: 06-Aug-2011 11:42) Posted:
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