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 Genting Malaysia, Resorts World

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virtualgay
post Apr 28 2009, 08:14 PM

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when we buying share dont try to aim the lowest price for entry point...
once reaches the lowest price, the support will break and the share price will drop even more...
my advice is stay away from RESORTS for now...


Added on April 28, 2009, 8:48 pmLast minute selling a lot la...
Tomorrow open sure people will sell again...
Once break 2.0 then please dont enter anymore cause it will surely drop lower than that!!

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This post has been edited by virtualgay: Apr 28 2009, 08:48 PM
virtualgay
post Apr 29 2009, 12:42 AM

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support @ 1.90 la i think.. i m not very good at this candlestick but still learning how to plot and how to read...
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Added on April 29, 2009, 12:44 ami want to learn how to do Technical Analysis.. anyone in this forum mind to share?

This post has been edited by virtualgay: Apr 29 2009, 12:44 AM
virtualgay
post Apr 29 2009, 01:16 AM

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QUOTE(Soulsareworthless @ Apr 29 2009, 01:11 AM)
There's support at RM2.20 too if you look at the 5 year graph.
*
for 5 years graph we plot base on monthly data or weekly data?
If monthly take which day of the month or take average?
if weekly take which day of the week or take average of the week?
i really learning how to read and understand the candle stick la...
it does help a lot with making decision to buy or sell...
since the 1st support is @ 2.20 once break i can start buy...
if break 1.90 then i think is when the SWINE FLU finally hit malaysia
for now just sit and watch la
virtualgay
post Apr 29 2009, 01:58 PM

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QUOTE(dreams_achiever @ Apr 29 2009, 08:14 AM)
If you knew about horizontal support and resistance, you won't have issue in in locating support level.
Try look for Dr.Alexander Elder "Trading for a living" book.
It provide in-depth about Technical analysis.
*
let me do my research tonight on the book you recommended. Got any E-Book on this one?
last time use to trade blindly and sometimes gain and sometimes loss but is with pure luck
hopefully spending sometime onto this Technical Analysis will help me to be a better trader

RESORTS staying strong for today i guess, I believe people have confident that SWINE FLU is under control
wont be like SARS outbreak last time...

virtualgay
post May 1 2009, 03:02 AM

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was waiting for my chance... too bad!!!
has been see see look look for few days..
virtualgay
post May 1 2009, 04:40 PM

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QUOTE(Soulsareworthless @ May 1 2009, 03:57 PM)
Yup, need Resorts to dip under RM2.20, but the swine flu seems to have died down already, need more deaths soon, best if deaths are in Asian region.
*
if swine flu in malaysia is also very dangerous la...
we might get infected!!!
virtualgay
post May 1 2009, 08:15 PM

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QUOTE(Soulsareworthless @ May 1 2009, 05:27 PM)
I see this as a business risk.
I see this as a business cost.

No offense guys, just trying to look at myself and my investments as separate entities.
*
seeing people die is not something we want...
if malaysia turn out to be like Mexico, i dont think we are able to handle it..
and trust me... our neighbor country like Silypore and Thaidick will surely close the border..
then our share market will be like left only 700 points.. haha...

virtualgay
post May 4 2009, 12:44 AM

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tomorrow market is going to be bullish?
seems like we have a lot of positive investor around...
H1N1 does not seem to shake asia at all!!

 

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