Is it Market crash or correction?

Jana · 1 Is it Market crash or correction? Mon Jan 27, 2014 12:14 pm

Jana

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Look like market getting panic... Is it Market crash or correction???

JKH also going to hell...

Slstock · 2 Re: Is it Market crash or correction? Mon Jan 27, 2014 12:25 pm

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I think you should read the forum for opinions before you panic yourself and others unnecessarily at 0.45% drop.

http://forum.srilankaequity.com/t31200p25-cse-and-future#191831
http://forum.srilankaequity.com/t32465-asian-markets-tumble-by-mid-monday

sahan8896 · 3 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:11 pm

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Jana wrote:Look like market getting panic... Is it Market crash or correction???

JKH also going to hell...

You have the answer in the question.JKH.

extremedeal · 4 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:25 pm

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This is panic reaction for confirmation that the Fed plans to steadily Taper. This past week, there were a number of news stories that stirred the imagination for fear. The withdrawal of capital from the emerging markets – which led to severe declines in the Argentina Peso and other developing economy currencies – is a symptom of fear. Same thing happening in CSE today. This gives a great opportunity to buy.

sureshot · 5 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:28 pm

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it is a market collection not a correction Mad

Jana · 6 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:30 pm

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Thanks Slstock..I didn't see that post (which is your one) .. any how bit panic .. but nothing do..

will see if any think drop too much then plan to buy..!!

Gainer · 7 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:36 pm

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Japan's Nikkei average tumbled to a two-month low on Monday as the yen soared and global equities dropped on concerns about a selloff in emerging-market assets, dragging down futures and index-heavyweight stocks.

smallville · 8 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:40 pm

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Why dont you fish in the troubled waters Jana?

Laughing

If markets are not volatile how to trade man?

bullrun · 9 Re: Is it Market crash or correction? Mon Jan 27, 2014 10:51 pm

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Foreign buying and selling today are 249 and 282. No panic selling

mark · 10 Re: Is it Market crash or correction? Mon Jan 27, 2014 11:42 pm

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never trust CSE.

today saved tnx to CTC. :@

Slstock · 11 Re: Is it Market crash or correction? Tue Jan 28, 2014 3:57 am

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Yes , this CTC (this time) and High cap share game is totally unnecessary.

If not for CTC , today drop would be about 0.8% which would have been very good for a heated market and RSI.
Now only 0.16%

What is shameful is less than 200 shares of CTC made the last jump from Rs 1300 to Rs 1349 during the last last hour of trading making the market show + 0.3% . Else it would have been closer -0.5% drop for the day which was the reality.

Why is this game needed? When market is behaving rather naturally.

mark wrote:never trust CSE.

today saved tnx to CTC. :@

bullrun · 12 Re: Is it Market crash or correction? Tue Jan 28, 2014 4:26 am

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slstock,

do you expect a drop today too?

Slstock · 13 Re: Is it Market crash or correction? Tue Jan 28, 2014 4:48 am

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I wish yes , to make the market stronger for the next run ( which will make us all benefit) . Another 20-30 point drop would be good. Yesterday drop was not enough for overall ASI.

But practically I don;t know as at CSE someone can easily manipulate to play with index (like with CTC or NEST) to mess the natural market.

Maybe there will be some selling in the morning and market may recover later.

But best to just concentrate on specific share that watching these games.

bullrun wrote:slstock,

do you expect a drop today too?

dhanurrox · 14 Re: Is it Market crash or correction? Tue Jan 28, 2014 5:17 am

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slstock wrote:I wish yes , to make the market stronger for the next run ( which will make us all benefit) . Another 20-30 point drop would be good. Yesterday drop was not enough for overall ASI.

But practically I don;t know as at CSE someone can easily manipulate to play with index (like with CTC or NEST) to mess the natural market.

Maybe there will be some selling in the morning and market may recover later.

But best to just concentrate on specific share that watching these games.

bullrun wrote:slstock,

do you expect a drop today too?

Even when no action is done for massive manipulations last bull run these things wont at least be noted.
Danno danithi.

Slstock · 15 Re: Is it Market crash or correction? Tue Jan 28, 2014 5:49 am

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Dhanu,

We have a choice. Just be silent and let it go so no one cares or do something (even little0.

If one trully cares for the mass in this country , we need to atleast try and voice our opinion so these people behind it understand . They will atleast know we are concerned that more damage than good is done by these actions. ( to them and us )

This is true for many things in our country. We need to make a collective effort to voice when things are not right to make this country better.

dhanurrox wrote:

slstock wrote:I wish yes , to make the market stronger for the next run ( which will make us all benefit) . Another 20-30 point drop would be good. Yesterday drop was not enough for overall ASI.

But practically I don;t know as at CSE someone can easily manipulate to play with index (like with CTC or NEST) to mess the natural market.

Maybe there will be some selling in the morning and market may recover later.

But best to just concentrate on specific share that watching these games.

bullrun wrote:slstock,

do you expect a drop today too?

Even when no action is done for massive manipulations last bull run these things wont at least be noted.
Danno danithi.

Intelligent Investing · 16 Re: Is it Market crash or correction? Tue Jan 28, 2014 6:41 am

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This is just a reaction to global news - CSE will still do well - it'll reach at least 6500 and may have a correction in my opinion cos the sentiment is still strong

No need to panic - if at all, good time to collect is now

mark · 17 Re: Is it Market crash or correction? Tue Jan 28, 2014 6:26 pm

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@slstock- No NEST this time it seems, i was waiting to sell it over 2500, but finally sold at 2150 few weeks ago.

ya as slstock pointed the market should have a correction, i prefer tomorrow also to be a dark red day in some oversold counters. Smile