Question :
Will it break 2011 Record Highs before December 2013...?
Answer :
Yes or No
Please Comment...
Thank You.
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Jana1 wrote:I thk reaching previous high after 2 years cannot be count as bubble. If real bull run starts it mostly go beyond its previous high.. (ref. world mkts)
Jana1 wrote:I thk reaching previous high after 2 years cannot be count as bubble. If real bull run starts it mostly go beyond its previous high.. (ref. world mkts)
hariesha wrote:Jana1 wrote:I thk reaching previous high after 2 years cannot be count as bubble. If real bull run starts it mostly go beyond its previous high.. (ref. world mkts)
Agree with your view. Now there is lot of shares with high capitalization and are trading 50% below their fair valuations. If these shares reach their fair value index will reach 8000 level. This is not a bubble.
Last time when index reached 6000 it couldn't sustain and dropped to 5300s. These types of reversals we cannot say bubble bursts. So there can be reversals. But it is highly likely for the index to reach 8000 before next 12 to 15 months.
Big drops are happening in CSE because there are very few actual investors. More than 90% are actually traders. If we look at this forum clearly all are traders. If we can improve the investor base, market can sustain.
How ?hariesha wrote: in CSE because there are very few actual investors. More than 90% are actually traders. If we look at this forum clearly all are traders. If we can improve the investor base, market can sustain.
slstock wrote:So you except 30% ASI rise before Dec 2013 ( in 7 months) ? Would not that be too fast rise blowing up some share beyond valuations.
Gradual increase will be better.Jana1 wrote:I thk reaching previous high after 2 years cannot be count as bubble. If real bull run starts it mostly go beyond its previous high.. (ref. world mkts)
Jana1 wrote:slstock wrote:So you except 30% ASI rise before Dec 2013 ( in 7 months) ? Would not that be too fast rise blowing up some share beyond valuations.
Gradual increase will be better.Jana1 wrote:I thk reaching previous high after 2 years cannot be count as bubble. If real bull run starts it mostly go beyond its previous high.. (ref. world mkts)
Have u ever dreamed during 2007-8 when ASI was 850 would hit 7800 in just three years (2011)?? During 2009 just I was sitting in my broker office and thinking when this mkt would turn around.. Still I remember those days with much credit with no confident , I was about to slaughtered. One day rally was started every1 was saying it will bounce back.. but the circumstance was different.. Who sold DIMO at 200 at that time bought it again at 1400 level after 2 years...Even I knw friends who bought Abans at 35 level and got exit about 330 level..
For me 30% up is possible. Very high chance in CSE becz this is small frontier mkt. But I prefer one drop 200-300 point at 6800-7100 level. If it happen then the rally of breaking 7800 is inevitable..
LSE, like your possitive attitude.LSE wrote:Jana1 wrote:slstock wrote:So you except 30% ASI rise before Dec 2013 ( in 7 months) ? Would not that be too fast rise blowing up some share beyond valuations.
Gradual increase will be better.Jana1 wrote:I thk reaching previous high after 2 years cannot be count as bubble. If real bull run starts it mostly go beyond its previous high.. (ref. world mkts)
Have u ever dreamed during 2007-8 when ASI was 850 would hit 7800 in just three years (2011)?? During 2009 just I was sitting in my broker office and thinking when this mkt would turn around.. Still I remember those days with much credit with no confident , I was about to slaughtered. One day rally was started every1 was saying it will bounce back.. but the circumstance was different.. Who sold DIMO at 200 at that time bought it again at 1400 level after 2 years...Even I knw friends who bought Abans at 35 level and got exit about 330 level..
For me 30% up is possible. Very high chance in CSE becz this is small frontier mkt. But I prefer one drop 200-300 point at 6800-7100 level. If it happen then the rally of breaking 7800 is inevitable..
Well said Jana...
Market is gearing up.. All the parties are still waiting... As you all know what we've learn by our experience withing the past years... when it's come down it's falling like nothing... also keep in your mind.. opposite is also the same.. when it's going up.. it'll rocketing like nothing...
Big days are coming soon...
Jana1 wrote:slstock wrote:So you except 30% ASI rise before Dec 2013 ( in 7 months) ? Would not that be too fast rise blowing up some share beyond valuations.
Gradual increase will be better.Jana1 wrote:I thk reaching previous high after 2 years cannot be count as bubble. If real bull run starts it mostly go beyond its previous high.. (ref. world mkts)
Have u ever dreamed during 2007-8 when ASI was 850 would hit 7800 in just three years (2011)?? During 2009 just I was sitting in my broker office and thinking when this mkt would turn around.. Still I remember those days with much credit with no confident , I was about to slaughtered. One day rally was started every1 was saying it will bounce back.. but the circumstance was different.. Who sold DIMO at 200 at that time bought it again at 1400 level after 2 years...Even I knw friends who bought Abans at 35 level and got exit about 330 level..
For me 30% up is possible. Very high chance in CSE becz this is small frontier mkt. But I prefer one drop 200-300 point at 6800-7100 level. If it happen then the rally of breaking 7800 is inevitable..
Last edited by slstock on Sun Apr 28, 2013 11:59 am; edited 1 time in total
hariesha wrote:Last time when index reached 6000 it couldn't sustain and dropped to 5300s. These types of reversals we cannot say bubble bursts.
slstock wrote:Anything is possible at CSE.
But if it goes 30% up by 2013 dec, it will be not healthy for the market and can create a bubble for another major correction which will start a new cycles of woes. That is my worry.
Wonder at ASi 7800 what will be the valuation of JKH,NEST,CTC, CARG, LION
Bottom line, can it hit 7800 yes. Even 8500. Will it hit ? I hope not . Hope it settle between 6500-7000 this year for a sustainable market
But if it hit 7800 i have no objection. But I will be on my toes to figure out which way market runs after that.
CSE runs on extremes. With a Bull people will run crazy chasing shares. When bear they will sell crazy to absurd valued like June 2012 or durign last stage of war.
Jana1 wrote:slstock wrote:So you except 30% ASI rise before Dec 2013 ( in 7 months) ? Would not that be too fast rise blowing up some share beyond valuations.
Gradual increase will be better.Jana1 wrote:I thk reaching previous high after 2 years cannot be count as bubble. If real bull run starts it mostly go beyond its previous high.. (ref. world mkts)
Have u ever dreamed during 2007-8 when ASI was 850 would hit 7800 in just three years (2011)?? During 2009 just I was sitting in my broker office and thinking when this mkt would turn around.. Still I remember those days with much credit with no confident , I was about to slaughtered. One day rally was started every1 was saying it will bounce back.. but the circumstance was different.. Who sold DIMO at 200 at that time bought it again at 1400 level after 2 years...Even I knw friends who bought Abans at 35 level and got exit about 330 level..
For me 30% up is possible. Very high chance in CSE becz this is small frontier mkt. But I prefer one drop 200-300 point at 6800-7100 level. If it happen then the rally of breaking 7800 is inevitable..
NoKithsiri wrote:No.
Chinwi wrote:2013 Stock Market Set To Break 2011 Record Highs මාස දෙක තුනක් වත් කලින් ලන්ඩන් වලින් මෙහෙ ඇවිල්ල ඕක කිව්වා නම් අපිට අඩුවට එකතු කර ගන්න තිබුන
By the way, I am not against the idea.hariesha wrote:Last time when index reached 6000 it couldn't sustain and dropped to 5300s. These types of reversals we cannot say bubble bursts.
There is a big misconception , misinterpretation and misuse of this "bubble" term in Sri lanka. From the beginning of the decline we argued that there was no bubble. Our famous Dr. Bubble and some others thought otherwise.
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