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There are some members in this forum who want to create a negative picture about the CSE, Government, Economy, Exchange rate etc.
Their main intention is to bring down the market during one period and buy from those who can't hold on to it and then promote and sell what they bought.
Some of these people who try to show that they are the experts in the forum( I am not pinpointing real experts who analyse a particular share and leave the decision to members) and create a negative picture in the forum.
Whenever there is a bad news they pick that and go on commenting.
With the prevailing media freedom in the country we can see guys with similar ideas occupying places in newspaper publishing companies as well as in electronic media.
Just an example. Us $ exchange rate is the highest = Rs. 152/- This was in the forum few days back.
If you look at the us $ index (not the exchange rate) these days.
Its the highest during last 13 years against major currencies in the world.
http://www.tradingeconomics.com/united-states/currency
Quote
"The US Dollar decreased 0.0200 or 0.02% to 103.0400 on Friday December 23 from 103.0600 in the previous trading session. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985 and a record low of 71.32 in April of 2008.
The United States Dollar is expected to trade at 100.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 115.00 in 12 months time."
Unquote
But our so called experts expect SL Rs should appreciate against the Us $.
Look at the Economy. Look at the sunday times 25th December 2016
http://www.sundaytimes.lk/161225/columns/modest-economic-growth-in-2016-after-avoiding-serious-economic-crisis-221864.html
Pl read the full article of Mr. Nimal Sandarathne
Last Para of the article
Quote
"The year that is ending is not one of robust growth. Nevertheless a serious economic and financial crisis was averted and a foundation laid for economic stability and growth. The policy measures taken this year, if effectively implemented, could provide the foundation for a better economic performance in 2017.
Global economic conditions, efficacy of implementing reforms, certainty in economic policies and ensuring social harmony would determine the pace of the country’s economic development. The economy is on a recovery path with a potential for higher growth."
Unquote
No government is 100% perfect. Policies of no government is 100% perfect.
Look at yourself. Are you 100% perfect.
Therefore what we have to look at is whether this govt is relatively better than previous regime or not.
These so called experts when they pick one bad thing and comment don't get panic and dispose your shares at a loss. This is what they expect you to do. They want small timers disappear from the market.
Look at the members who most of the time try to paint a negative picture. don't even read their comments.
I feel they are part of a group who get involve in manipulating the market. Sometimes these people trade just few shares in order to bring down the index.
My advise is don't get caught to them and sell your shares at a loss.
Their main intention is to bring down the market during one period and buy from those who can't hold on to it and then promote and sell what they bought.
Some of these people who try to show that they are the experts in the forum( I am not pinpointing real experts who analyse a particular share and leave the decision to members) and create a negative picture in the forum.
Whenever there is a bad news they pick that and go on commenting.
With the prevailing media freedom in the country we can see guys with similar ideas occupying places in newspaper publishing companies as well as in electronic media.
Just an example. Us $ exchange rate is the highest = Rs. 152/- This was in the forum few days back.
If you look at the us $ index (not the exchange rate) these days.
Its the highest during last 13 years against major currencies in the world.
http://www.tradingeconomics.com/united-states/currency
Quote
"The US Dollar decreased 0.0200 or 0.02% to 103.0400 on Friday December 23 from 103.0600 in the previous trading session. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985 and a record low of 71.32 in April of 2008.
The United States Dollar is expected to trade at 100.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 115.00 in 12 months time."
Unquote
But our so called experts expect SL Rs should appreciate against the Us $.
Look at the Economy. Look at the sunday times 25th December 2016
http://www.sundaytimes.lk/161225/columns/modest-economic-growth-in-2016-after-avoiding-serious-economic-crisis-221864.html
Pl read the full article of Mr. Nimal Sandarathne
Last Para of the article
Quote
"The year that is ending is not one of robust growth. Nevertheless a serious economic and financial crisis was averted and a foundation laid for economic stability and growth. The policy measures taken this year, if effectively implemented, could provide the foundation for a better economic performance in 2017.
Global economic conditions, efficacy of implementing reforms, certainty in economic policies and ensuring social harmony would determine the pace of the country’s economic development. The economy is on a recovery path with a potential for higher growth."
Unquote
No government is 100% perfect. Policies of no government is 100% perfect.
Look at yourself. Are you 100% perfect.
Therefore what we have to look at is whether this govt is relatively better than previous regime or not.
These so called experts when they pick one bad thing and comment don't get panic and dispose your shares at a loss. This is what they expect you to do. They want small timers disappear from the market.
Look at the members who most of the time try to paint a negative picture. don't even read their comments.
I feel they are part of a group who get involve in manipulating the market. Sometimes these people trade just few shares in order to bring down the index.
My advise is don't get caught to them and sell your shares at a loss.
