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Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
GROSS DOMESTIC PRODUCT (GDP)
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ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 10:59 am
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 11:31 am
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 11:37 am Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 11:48 amStockmate wrote:illuminati
A destructive day dream. Wake up
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 11:54 am Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 11:56 am Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 12:04 pm Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 12:17 pmStockmate wrote:Believe in what you see not what you hear. I told you what I saw and acted based on what I saw. So I am well off. But still I think market may bounce back and touch 6400-6500 level. In the previous bear market rallies also the market did not shoot up to the peak in single stretch. So this may not be the end and the small bull bay have some life left to drag on further.
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 12:23 pm Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 1:11 pmStockmate wrote:Kama
Better to say" Exit gate of Hell"
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 2:11 pmStockmate wrote:Believe in what you see not what you hear. I told you what I saw and acted based on what I saw. So I am well off. But still I think market may bounce back and touch 6400-6500 level. In the previous bear market rallies also the market did not shoot up to the peak in single stretch. So this may not be the end and the small bull bay have some life left to drag on further.
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 2:39 pm Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 3:08 pm
Stockmate wrote:wikum100
We are now in the third bear market rally . That rally is struggling to touch the resistance somewhere between 6400 and 6500. It may somehow touch that level in due course. That is what I can say depending on current technicals. Things may change any moment for better or worse. This rally may take about 5 months to complete( to touch 6500level and fall below 5800 level)Then the market has to restart from there. Lets see.
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 3:16 pmwikum100 wrote:Stockmate wrote:Believe in what you see not what you hear. I told you what I saw and acted based on what I saw. So I am well off. But still I think market may bounce back and touch 6400-6500 level. In the previous bear market rallies also the market did not shoot up to the peak in single stretch. So this may not be the end and the small bull bay have some life left to drag on further.
to sucuumb my loses i dont think 6450 will not enough ...............anyway stock mate our pridictor can you geuss what would happen after that ??........continous fall fall fall da?ayyo.......
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 5:39 pm
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 5:42 pmRajitha wrote:As long as we have governments with drug dealers and people who haven't even got A/L leading the country the Sri Lankan economy will keep sinking! (So would the CSE in long run)
Foreign funs that are left are cashing out in a hurry thanks to the great economic policies!
Speculation is rife that Sri Lanka may further devalue the rupee in early 2012, to ward off pressure on the country’s balance of payment and subsequently strengthen the external sector. “Sri Lanka may devalue the rupee from 2.5 to 3 percent in the early part of 2012, probably between February and April” a Treasury Department source said on the grounds of anonymity. If this devaluation takes place, the rupee might end up at Rs.118 level against the dollar. The country devalued its rupee by 3 percent quite unexpectedly through the 2012 budget presented in last November
Re: ANOTHER DULL YEAR 2012? Tue Jan 03, 2012 6:01 pm
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