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Nov 24, 2011 (LBT) - While waiting for the Government to act the market fell further towards the technical and psychological support at 6000 on the ASI. The Buying has faded away almost completely as the credit crunch bit in still deeper.
Investors are simply unable to engage in any buying since they do not have any more money or spare margin left to take advantage of the bargains available.
Though this is the ideal time for new investors to start investing it is difficult to get anybody to come to a market that has experienced such a massive fall during the past year.The anticipated changes in the regulatory structures are too slow in coming.http://lbt.lk/stock-market/movement/781-lbt-markets-thursday-forecast
Investors are simply unable to engage in any buying since they do not have any more money or spare margin left to take advantage of the bargains available.
Though this is the ideal time for new investors to start investing it is difficult to get anybody to come to a market that has experienced such a massive fall during the past year.The anticipated changes in the regulatory structures are too slow in coming.http://lbt.lk/stock-market/movement/781-lbt-markets-thursday-forecast
