Its' will break 5000 ASI

msupeiris · 1 Its' will break 5000 ASI Tue Feb 14, 2012 12:04 pm

msupeiris

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my broker said tomorrow EPF going to invest CSE is it true ?????? Twisted Evil

Roboticfx · 2 Re: Its' will break 5000 ASI Tue Feb 14, 2012 12:44 pm

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7 points remaining to break

MY MONEY · 3 Re: Its' will break 5000 ASI Wed Feb 15, 2012 10:37 am

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Roboticfx wrote:7 points remaining to break

Antonym · 4 Re: Its' will break 5000 ASI Fri May 25, 2012 12:20 pm

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After 3 months, we are at the same place once again - on the verge of falling through the 5000 mark. How much below that will we go?

The silver lining is: The lower you go, the closer you are to the bottom.

malanp · 5 Re: Its' will break 5000 ASI Fri May 25, 2012 12:57 pm

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now it picked up little.

are you guys supporting the break ?

But for sure, monday it will break.

Antonym · 6 Re: Its' will break 5000 ASI Fri May 25, 2012 1:06 pm

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malanp wrote:
now it picked up little.

are you guys supporting the break ?

I am impressed that sellers are holding firm and not reducing their prices. This shows the underlying strength of the market.

There would be technical support at these levels: 4962 was the lowest we have reached (on 14-Feb-2012) after the all-time high. The big question is whether this support will hold... Time will tell!

monash · 7 Re: Its' will break 5000 ASI Fri May 25, 2012 1:45 pm

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Don't trust what brokers says.. All things they are telling are bullshit.. every time when the market going down continuously they tells it's because margin calls and when market going to break resistance level and turnover decreasing they tells EPF going to invest every time.. haha utter rubbish.. Very Happy

I saw many technical guys predicts ASI will fall to 4700-4800 level. In my opinion Market won't break 5000. Whatever charts say, i am a one who strongly believe market will have a small bounce back even if it going to break 5000. Continuous foreign buying and dividend announcements from high cap stocks will help to hold ASI from going down further.

I really don't understand what is the logic behind local traders selling with losses at these dirty cheap prices. is it the rumour of implementing DVP system or some strange reason something you and me don't know? Wink

anyway it is really annoying.. But if DVP implemented, it will be huge disaster as it will kill retailers and short term traders who trade mostly with credit. I guess most of them still suffering from unrealized losses. So how can they trade only with Cash? Remember over regulated markets will never succeed. All i can say is not to panic and sell with losses stupidly. In worse case be a long term investor.. Wink

K.Haputantri · 8 Re: Its' will break 5000 ASI Fri May 25, 2012 2:04 pm

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monash wrote:Don't trust what brokers says.. All things they are telling are bullshit.. every time when the market going down continuously they tells it's because margin calls and when market going to break resistance level and turnover decreasing they tells EPF going to invest every time.. haha utter rubbish..

I saw many technical guys predicts ASI will fall to 4700-4800 level. In my opinion Market won't break 5000. Whatever charts say, i am a one who strongly believe market will have a small bounce back even if it going to break 5000. Continuous foreign buying and dividend announcements from high cap stocks will help to hold ASI from going down further.

I really don't understand what is the logic behind local traders selling with losses at these dirty cheap prices. is it the rumour of implementing DVP system or some strange reason something you and me don't know? anyway it is really annoying.. But if DVP implemented, it will be huge disaster as it will kill retailers and short term traders who trade mostly with credit. I guess most of them still suffering from unrealized losses. So how can they trade only with Cash? Remember over regulated markets will never succeed. All i can say is not to panic and sell with losses stupidly. In worse case be a long term investor..

Timely advise friend.