My predictions are correct

dindon1 · 1 My predictions are correct Fri Dec 23, 2011 10:23 am

dindon1

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I ve been labeled as a optimistic by many members of this forum.,
But I predicted that the year will end with a high note.,with reasons.,
which is becoming true!!

kam2011 · 2 Re: My predictions are correct Fri Dec 23, 2011 10:38 am

kam2011

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Dear dindon, Dont worry. This market trend will continue. If we are not optimistic why are we dealing shares. What ever the business we do we must be optimistic. Otherwise no point doing business.
Cheers.

Stockmate · 3 Re: My predictions are correct Fri Dec 23, 2011 10:50 am

Stockmate

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Hi friends
You are too optimistic. This is just a bear market rally. If it breaks the resistance at 6450-6550 range we can say it is a real bull market rally.
Currently only short term indicators are positive. Be careful.

kam2011 · 4 Re: My predictions are correct Fri Dec 23, 2011 10:58 am

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Thank you stockmate. We know your words has a value. We have to play carefully.

manula · 5 Re: My predictions are correct Fri Dec 23, 2011 10:59 am

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Stockmate wrote:Hi friends
You are too optimistic. This is just a bear market rally. If it breaks the resistance at 6450-6550 range we can say it is a real bull market rally.
Currently only short term indicators are positive. Be careful.

@stockmate.. yes you are correct.. only litte around 100 shares are trading in each counter.. so seems to be bear marekt rally. At leaest better you can sell the shares brought in the previoues days to get some small profit even.

Will hope for a bull rally in future

Rajitha · 6 Re: My predictions are correct Fri Dec 23, 2011 11:02 am

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Stockmate wrote:Hi friends
You are too optimistic. This is just a bear market rally. If it breaks the resistance at 6450-6550 range we can say it is a real bull market rally.
Currently only short term indicators are positive. Be careful.

LOL man ASI 6500 means more than 10% appreciation of all stock price from last few days ASI! That is more than most bull markets run for a whole year! Intelligent investors would be able to earn more than 20% return from a market liek that. If market goes up at a short period even for that high I would be more than happy!

Stockmate · 7 Re: My predictions are correct Fri Dec 23, 2011 11:39 am

Stockmate

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Rajitha
That is because the gap between the Support line and the Resistance line is as wide as 900 ASI units. Therefore the the rallies between those two lines are big enough to make some money. But don't call them bull rallies.
6500 is a lower high. Bear market creates lower highs and lower lows.
In this great bear market's lower highs have been 7800>7500>7100>
The next lower high will be really lower that 6500 as the resistance line is inclined and it will take some more time to reach there.
We can really use the bear market to make money. Buy close to the support line and sell when it fails to break the resistance line.
Refer to this chart
https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Just see how beautifully the market is floating between the Green support line and the Red resistance line. And see the wide gap between the two lines. Wide enough to make money but carefully.

kam2011 · 8 Re: My predictions are correct Fri Dec 23, 2011 12:38 pm

kam2011

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Stockmate wrote:Rajitha
That is because the gap between the Support line and the Resistance line is as wide as 900 ASI units. Therefore the the rallies between those two lines are big enough to make some money. But don't call them bull rallies.
6500 is a lower high. Bear market creates lower highs and lower lows.
In this great bear market's lower highs have been 7800>7500>7100>
The next lower high will be really lower that 6500 as the resistance line is inclined and it will take some more time to reach there.
We can really use the bear market to make money. Buy close to the support line and sell when it fails to break the resistance line.
Refer to this chart
https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Just see how beautifully the market is floating between the Green support line and the Red resistance line. And see the wide gap between the two lines. Wide enough to make money but carefully.

stockmate, I like your logical explanation very much. Very useful and meaningful guidance.
Your expertise helps us to earn an save money in dealing shares.

Stockmate · 9 Re: My predictions are correct Fri Dec 23, 2011 12:45 pm

Stockmate

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kam2011
Thanks
But no one is perfect. No prediction is 100% correct. But it may minimize the chance of losing and maximize the chance of winning.

By the way think what will happen if that support line is broken. We all will see the hell.

rijayasooriya · 10 Re: My predictions are correct Fri Dec 23, 2011 12:50 pm

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Stockmate wrote:Just see how beautifully the market is floating between the Green support line and the Red resistance line. And see the wide gap between the two lines. Wide enough to make money but carefully.

This is what worries me.It follows the text book type pattern.Most probably due to manipulation.If manipulators stop manipulation what will happen ?

SL.Market · 11 Re: My predictions are correct Fri Dec 23, 2011 12:54 pm

SL.Market

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kam2011 wrote:Thank you stockmate. We know your words has a value. We have to play carefully.

I see how the people improved in stock trading as bear market past...
well

Tiger · 12 Re: My predictions are correct Fri Dec 23, 2011 1:07 pm

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Many many people were pointing over regulation and credit relaxation for down fall of the market , if that was true how suddenly market is steaming ahead? Since there was no change in any of those then the actual cause was a different?

Or is it that Insiders has better information on some impending policy changes in early 2012? scratch

Hawk Eye · 13 Re: My predictions are correct Fri Dec 23, 2011 1:21 pm

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Those who have some info or hoping that a postive announcement will come trying to take position. If nothing comes then this hype will cool off

same thing happened when the SEC meeting held

Everyones desperately trying to spin the wheel otherway

Lets wait & c

aj · 14 Re: My predictions are correct Fri Dec 23, 2011 1:30 pm

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Well only thing the SEC can allow is brokers to give credit 2 or 3 times what they own. But we saw what allowing brokers to give credit in August did to the market. A couple of days of green. So if it's 3 times then it would be about one week of green?
But I don't think SEC would allow brokers to do that. I think regulators will let the banks handle credit as it is now. Hope they implement the Delivery Versus Payment system from next year so that brokers can't do dirty tricks.

Rajitha · 15 Re: My predictions are correct Fri Dec 23, 2011 7:07 pm

Rajitha

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Stockmate wrote:Rajitha
That is because the gap between the Support line and the Resistance line is as wide as 900 ASI units. Therefore the the rallies between those two lines are big enough to make some money. But don't call them bull rallies.
6500 is a lower high. Bear market creates lower highs and lower lows.
In this great bear market's lower highs have been 7800>7500>7100>
The next lower high will be really lower that 6500 as the resistance line is inclined and it will take some more time to reach there.
We can really use the bear market to make money. Buy close to the support line and sell when it fails to break the resistance line.
Refer to this chart
https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Just see how beautifully the market is floating between the Green support line and the Red resistance line. And see the wide gap between the two lines. Wide enough to make money but carefully.

I can make a support and resistance like of about 1000 points either way and say its trading in between also man! But that or this does not change anything! Point is if market is going to go up more than 10% least thats really great and people should learn to appreciate that! People need to get out of the fantasy worlds they lived in after war where markets went by over 100% and realize the come to the sense of real world market situations!

If people in this forum can make 10-15% return from CSE even for a whole year your should be happy about it!

rijayasooriya · 16 Re: My predictions are correct Fri Dec 23, 2011 8:14 pm

rijayasooriya

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Rajitha wrote:If people in this forum can make 10-15% return from CSE even for a whole year your should be happy about it!

No point of taking a risk for that much of earning.Better to go for a FD Twisted Evil

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My predictions are correct

1 My predictions are correct Fri Dec 23, 2011 10:23 am

dindon1

2 Re: My predictions are correct Fri Dec 23, 2011 10:38 am

kam2011

3 Re: My predictions are correct Fri Dec 23, 2011 10:50 am

Stockmate

4 Re: My predictions are correct Fri Dec 23, 2011 10:58 am

kam2011

5 Re: My predictions are correct Fri Dec 23, 2011 10:59 am

manula

6 Re: My predictions are correct Fri Dec 23, 2011 11:02 am

Rajitha

7 Re: My predictions are correct Fri Dec 23, 2011 11:39 am

Stockmate

8 Re: My predictions are correct Fri Dec 23, 2011 12:38 pm

kam2011

9 Re: My predictions are correct Fri Dec 23, 2011 12:45 pm

Stockmate

10 Re: My predictions are correct Fri Dec 23, 2011 12:50 pm

rijayasooriya

11 Re: My predictions are correct Fri Dec 23, 2011 12:54 pm

SL.Market

12 Re: My predictions are correct Fri Dec 23, 2011 1:07 pm

Tiger

13 Re: My predictions are correct Fri Dec 23, 2011 1:21 pm

Hawk Eye

14 Re: My predictions are correct Fri Dec 23, 2011 1:30 pm

aj

15 Re: My predictions are correct Fri Dec 23, 2011 7:07 pm

Rajitha

16 Re: My predictions are correct Fri Dec 23, 2011 8:14 pm

rijayasooriya

17 Re: My predictions are correct

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