Force selling ,,,,,, Force selling.... Collect valubles if you can hold it

wiser

wiser

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Collect all valuables @ discounted price. Brokers asked to sell T=5. otherwise SEC going to cancell their licences.

Slstock

Slstock

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wiser wrote:Collect all valuables @ discounted price. Brokers asked to sell T=5. otherwise SEC going to cancell their licences.

IS this official news or rumour? If official is there a source?

wiser

wiser

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my broker sent me the email which they conclude at a meeting. sec strikly asked them to sell after T+5 days. Which they (SEC) observed brokers are not following their rule. Please don't ask me who is my broker.

npc86

npc86

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wiser wrote:Collect all valuables @ discounted price. Brokers asked to sell T=5. otherwise SEC going to cancell their licences.

I feel the same as wiser No way to escape no money What a terrible time is this...! affraid

xmart

xmart

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anyway, I made some money by day trading. cheers

just for fun..

wiser

wiser

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yes that's what my broker said in his mail. I also have credit to clear on next week Crying or Very sad

wiser

wiser

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bad luck when market is heavly red we don't have money to buy @ discounted rate.

mono

mono

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don't buy today, buy tomorrow.

sapumal

sapumal

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mono wrote:don't buy today, buy tomorrow.

why ? will it further down tommorrow ?

mono

mono

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IMO yes tomorrow morning should be very red. But i could be wrong, so be a little careful

Meta Trader

Meta Trader

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mono wrote:IMO yes tomorrow morning should be very red. But i could be wrong, so be a little careful

yep . thats y i didn't buy any today Very Happy

2moro morning 10.30 to 12.00 will be ideal time to buy.

Twisted Evil

$$$

$$$

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This is the usual bust cyle that the cse goes through I don't know about credit though as Brokers are allowed to give 50% credit to ther clients according to SEC ruling a few weeks back....After the Bull since the beginng of the year and then artificial movement upwards this must be the much needed correction ....

Monster

Monster

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Guys, look at this news

http://www.lbo.lk/fullstory.php?nid=990404817

"Forced selling was seen in trading with the credit issue being one of the main reasons,"

How much they have to clear?

tubal

tubal

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Monster wrote:Guys, look at this news

http://www.lbo.lk/fullstory.php?nid=990404817

"Forced selling was seen in trading with the credit issue being one of the main reasons,"

How much they have to clear?

I am calling that article Bull Shit. The market has been showing clear signs of weakness for a whole month and there has been more than enough discussion on it. The downturn (or correction as an optimist would say) is because of that weakness. Brokers definitely will be force selling later in the month but there isn't enough evidence to show that they have started force selling.

(monster this is not in disagreement with you. I am disagreeing with the author of the LBO article)

UKboy

UKboy

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I think if you like to buy any more shares, wait for few more days. I think still its too early to decide where the CSE is heading short term.

I'l be wating at least end of next week for the 1st round of buying and then 2nd week of April for the second round.

Soundchips

Soundchips

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These low levels may not remain low for long. Union bank refunds are also due to come back to the market, large scale crossings were seen since yesrday.

wiser

wiser

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http://www.ft.lk/2011/03/04/laugfs-lights-up-bourse/

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Force selling ,,,,,, Force selling.... Collect valubles if you can hold it

1 Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 1:52 pm

wiser

2 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 1:59 pm

Slstock

3 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:05 pm

wiser

4 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:06 pm

npc86

5 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:15 pm

xmart

6 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:17 pm

wiser

7 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:20 pm

wiser

8 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:24 pm

mono

9 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:26 pm

sapumal

10 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:28 pm

mono

11 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:34 pm

Meta Trader

12 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 2:36 pm

$$$

13 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 4:40 pm

Monster

14 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 5:40 pm

tubal

15 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Thu Mar 03, 2011 11:23 pm

UKboy

16 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Fri Mar 04, 2011 8:56 am

Soundchips

17 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it Fri Mar 04, 2011 9:21 am

wiser

18 Re: Force selling ,,,,,, Force selling.... Collect valubles if you can hold it

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