SHARK..........Ref ASI

OzTRADER · 1 SHARK..........Ref ASI Mon Sep 08, 2014 4:52 pm

OzTRADER

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Dear Mr Shark....,reference to your video on ASI is'nt it better to wait untill there is a market correction when the ASI reaches 7500 to enter into new stocks and what would happen to the stocks which are already on a upward trend and will the be any major correction when the ASI reaches 7100 please advice on this matter.

SHARK aka TAH · 2 Re: SHARK..........Ref ASI Mon Sep 08, 2014 6:58 pm

SHARK aka TAH

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7100 7200 o 7500 are levels we should watch. Now yes we can wait but also opportunity would be there to earn.so better to invest in shares that would least affect in a main index correction.so we should allocate part on such counters.your question is a complex scenario to deal with.there are various strategies one can follow.so the position i indicated would somewhat least affect ones portfolio.
Although one would be in a long overdrawn situations when correction take play but depending on your strategy being longterm invariably you will gain provided your investment are on sound and fundamentally strong caps.
If you are a trader your positions keep changing so as long as your risks are managed and rewards are greater you will be alright come a correction.

SHARK aka TAH · 3 Re: SHARK..........Ref ASI Mon Sep 08, 2014 7:01 pm

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Also in towards correction and during corrections there will be plenty of opportunities to grab. So instead getting ready for the correction and being on side lines, much better to take the opportunity that the market will offer from time to time.

Top Trader · 4 Re: SHARK..........Ref ASI Mon Sep 08, 2014 8:08 pm

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http://forum.srilankaequity.com/t36491-sstar-please-remove-shark-co-admin-tag

OzTRADER · 5 Re: SHARK..........Ref ASI Tue Sep 09, 2014 7:25 am

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SHARK wrote:Also in towards correction and during corrections there will be plenty of opportunities to grab. So instead getting ready for the correction and being on side lines, much better to take the opportunity that the market will offer from time to time.

Good morning Shark Thank you for your explanation,,,,me being a new comer to stock market investments i have yet to come up with my own strategy...stock market is a very complex entity and has a life of its own...so do speak and your simple explanations move a ton of rocks giving a somewhat clear path..once again thank you