Cse Present and Future..?

aliasjjj · 1 Cse Present and Future..? Thu Oct 20, 2011 7:35 pm

aliasjjj

Senior Equity Analytic

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Something is happening .. Investors Don't Know and Brokers even cant give a good reason for current Mkt condition. But the Truth is Mkt is down day by day . And the situation will be worst at the end of 2011. (some times ASI will be below 5800 ) some Investors are thinking to Exit . Present situation is so unpredictable and not good for Day Trading or short term Investment . I cant see any good news to believe that this market Recover in near Future. but for Long-term current situation is great but the thing is all the bloody money is already invested..

Please share your Expert Idea about CSE current and Future Situation

Roboticfx · 2 Re: Cse Present and Future..? Thu Oct 20, 2011 8:47 pm

Roboticfx

Senior Vice President - Equity Analytics

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aliasjjj wrote:Something is happening .. Investors Don't Know and Brokers even cant give a good reason for current Mkt condition. But the Truth is Mkt is down day by day . And the situation will be worst at the end of 2011. (some times ASI will be below 5800 ) some Investors are thinking to Exit . Present situation is so unpredictable and not good for Day Trading or short term Investment . I cant see any good news to believe that this market Recover in near Future. but for Long-term current situation is great but the thing is all the bloody money is already invested..

Please share your Expert Idea about CSE current and Future Situation

We can see many shares are coming home which they were turning around in the past. But all of us have bought shares at higher prices according to the uptrend situation which was in the market. (It was green)This down fall is an unexpected incident and even CSE don't know the real reasons.

Foreigners are coming to the market widely and I think they are becoming panic sellers as well as our local panic sellers coz new foriegn investors don't have sufficient knowledge about the pattern of our market but some of them might be experts. However, I can tell the Sri Lankan stock market is in foreigners hands. They are the main players now in this bloody pool. Manipulators have gone away from the market as of past actions taken by SEC without thinking unto the last dot. Our market is run by manipulators even many of us scold to them.

This downward can continue on upcoming days of next few weeks but a sudden change can happen also. Best thing is keeping away from the market at the present. If anybody have money in their accounts they can catch the shares at the bottom level. But I think that chance hasn't come yet.