Economic Crisis. I sold all my stocks to buy low

rizan666 · 1 Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 12:07 pm

rizan666

Senior Equity Analytic

Posts : 60
Equity Stars : 3615
Reputation : 1
Join date : 2014-09-23

Since I experienced the market crash previously in the years, today the 2nd day of RED I sold all my stocks, BFL (90%) and GRAN (10%). Since I had bought at low levels already, I felt this is best to exit. Still not a single market in the world has not recovered from the RED since it has been continuing from last week. Sri Lanka red started yesterday therefore this will last for a few days or weeks or months. No body knows. When I feel the market is stable to go GREEN again will buy all BFL and poultry stocks once again from low levels. This is my story to help you guys who are stuck in margin is best to clear off the margin or will face more losses. Others can hold on to their stocks or if wish to make profits buying low again can do just like me.

VALUEPICK · 2 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 12:34 pm

VALUEPICK

Expert

Posts : 3326
Equity Stars : 11303
Reputation : 347
Join date : 2014-02-26

On what ground you came to conclusion that this is a market crash?

vic19 · 3 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 12:47 pm

vic19

Senior Manager - Equity Analytics

Posts : 442
Equity Stars : 4115
Reputation : 23
Join date : 2014-10-26

In my view cse will not crash like other countries.it will sustain with minor ups and downs.

Come on !

the companies are worth and have lots of untapped potentials with good educated people and we just raising after a long slow down. All countries are coming to invest here.

Play it safe but don't loose the confident sand potentials that are there.

Please take your decisions by your self according to your circumstances and don't rely on others but gather information from every where including the world happenings.

Thanks

rizan666 · 4 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:18 pm

rizan666

Senior Equity Analytic

Posts : 60
Equity Stars : 3615
Reputation : 1
Join date : 2014-09-23

VALUEPICK wrote:On what ground you came to conclusion that this is a market crash?

I did not say it was a crash. Since the entire world markets are down and SL also affected, this will continue for a few days may be. No one can be sure exactly when it will recover until we witness it. I was warning the people with margin when market falls they will have to balance and clear margin where the brokers will force sell which I experienced in the previous crash.

samaritan · 5 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:24 pm

samaritan

Moderator

Posts : 4126
Equity Stars : 9155
Reputation : 188
Join date : 2015-05-16

We should not create an economic crisis when there is no such crisis. This sort of a reaction is a phobia.

rizan666 · 6 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:31 pm

rizan666

Senior Equity Analytic

Posts : 60
Equity Stars : 3615
Reputation : 1
Join date : 2014-09-23

vic19 wrote:In my view cse will not crash like other countries.it will sustain with minor ups and downs.

Come on !

the companies are worth and have lots of untapped potentials with good educated people and we just raising after a long slow down. All countries are coming to invest here.

Play it safe but don't loose the confident sand potentials that are there.

Please take your decisions by your self according to your circumstances and don't rely on others but gather information from every where including the world happenings.

Thanks

Why did other world potential world market leaders like Facebook, NETFLIX, etc all totaled more than $200 billion losses for the past few days. It's happening everywhere.

rizan666 · 7 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:35 pm

rizan666

Senior Equity Analytic

Posts : 60
Equity Stars : 3615
Reputation : 1
Join date : 2014-09-23

Check out the foreign buy/sell, when the entire world market is red, do they still want to keep their money in SL? They fear this will also red and start taking out the cash and this was the result of RED.

Attachments

Capture.PNG: Check the foreign buy/sell; You don't have permission to download attachments.; (48 Kb) Downloaded 25 times

vic19 · 8 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:41 pm

vic19

Senior Manager - Equity Analytics

Posts : 442
Equity Stars : 4115
Reputation : 23
Join date : 2014-10-26

Hi Rizan666, you can't compare face book and Netflix with our jkh, hhl, ...

They are all established world over and quoted in many leading exchange.

You are comparing pumpkin to sesame seeds .

Any way I note your point.

Thanks

kumarweerarathne · 9 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:41 pm

kumarweerarathne

Assistant Vice President - Equity Analytics

Posts : 885
Equity Stars : 5676
Reputation : 32
Join date : 2011-09-08

Word economic crisis will not have much effect on CSE since its a tiny market comparing with giants. One big buying can change the hall CSE dear. Not a good dicision at this point .. We are still bulls.

kumarweerarathne · 10 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 5:15 pm

kumarweerarathne

Assistant Vice President - Equity Analytics

Posts : 885
Equity Stars : 5676
Reputation : 32
Join date : 2011-09-08

Most of the indexes turned green now. Europian ones are dark green even Asians. So nothing to worry. China has cut down dacrates wow. Bullish tomorrow.

kuma524 · 11 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 6:27 pm

kuma524

Assistant Vice President - Equity Analytics

Posts : 618
Equity Stars : 4663
Reputation : 6
Join date : 2014-01-23
Location : DXB

75% of stock holdings in the CSE is belongs to our local peoples rest of 25% holding Foreigners.The global impact for CSE and Sri lanka is very minimal. In fact we are benefiting a lot from the global sell off of commodities like Gold,Crude oil,Copper,Soya bean etc.... no need to worry guys. just buy good fundamental sound stock before mega rally...... after one two weeks CSE Dark Green............cheers.....!!!!

Teller · 12 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 7:59 pm

Teller

Moderator

Posts : 5640
Equity Stars : 17140
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

@Kuma524, you are 100% correct. Some people creates panic situations. CSE is getting much benifts in current economic environment.

Chinwi · 13 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 8:50 pm

Chinwi

Associate Director - Equity Analytics

Posts : 3097
Equity Stars : 8969
Reputation : 418
Join date : 2010-06-08
Location : Asia

Current show in Sri Lanka is not much related to global crisis .
If they manage the internal situations effectively no debacle is expected in CSE.
This is not a difficult country to take forward. We export mainly to USA. We import from China.

Our main concern is heavy recurrent expenditure in government side.

ddharmawardhane · 14 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 9:57 pm

ddharmawardhane

Equity Analytic

Posts : 32
Equity Stars : 4677
Reputation : 3
Join date : 2011-10-02
Age : 44
Location : Ratnapura

ASI TA

ONTHEMONEY

ONTHEMONEY

Assistant Vice President - Equity Analytics

Posts : 651
Equity Stars : 5721
Reputation : 43
Join date : 2011-01-28
Location : COLOMBO

CSE has reacted to many things. Specially the political uncertainty, global market turn around, etc.

We have witnessed sharp dip up to now. I sense a temporary up but cannot predict about the sustainability.

Happy Investments

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

Economic Crisis. I sold all my stocks to buy low

1 Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 12:07 pm

rizan666

2 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 12:34 pm

VALUEPICK

3 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 12:47 pm

vic19

4 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:18 pm

rizan666

5 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:24 pm

samaritan

6 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:31 pm

rizan666

7 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:35 pm

rizan666

8 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:41 pm

vic19

9 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 3:41 pm

kumarweerarathne

10 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 5:15 pm

kumarweerarathne

11 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 6:27 pm

kuma524

12 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 7:59 pm

Teller

13 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 8:50 pm

Chinwi

14 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 9:57 pm

ddharmawardhane

15 Re: Economic Crisis. I sold all my stocks to buy low Tue Aug 25, 2015 10:01 pm

ONTHEMONEY

16 Re: Economic Crisis. I sold all my stocks to buy low

Sponsored content

New topics