ASI will reach 7000

ABEST · 26 Re: ASI will reach 7000 Tue Feb 14, 2012 3:35 pm

ABEST

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slstock wrote:I do not know about 7000 but if market goes up , best to watch 5400 and then 5800.

If it break both we can discuss about further uptrend. It seems there are soem funny business going on with CSE so it all depends on the trend.

On two days ASI dropped 4.5 but never went to 5. So is this a natural selling or what? Same with the uptrend. Look like retailers have to play second fiddle until a true bull trend.

i agree with you
but
last 4 market days it is down over 9p
i bought GREG N last week 5700 at 31.00 today it is 15.50 i am very sadly
what you think about my loose
it is first time to me like this

UKboy · 27 Re: ASI will reach 7000 Tue Feb 14, 2012 3:37 pm

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7000? Yes It is Possible. However not in short term.

But I’m still very optimistic about the year end ASI figure.

Slstock · 28 Re: ASI will reach 7000 Tue Feb 14, 2012 3:44 pm

Slstock

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ABEST wrote:

slstock wrote:I do not know about 7000 but if market goes up , best to watch 5400 and then 5800.

If it break both we can discuss about further uptrend. It seems there are soem funny business going on with CSE so it all depends on the trend.

On two days ASI dropped 4.5 but never went to 5. So is this a natural selling or what? Same with the uptrend. Look like retailers have to play second fiddle until a true bull trend.

i agree with you
but
last 4 market days it is down over 9p
i bought GREG N last week 5700 at 31.00 today it is 15.50 i am very sadly
what you think about my loose
it is first time to me like this

ABEST atleast am glad you did not buy ata Rs 50+.

Share like GREG never had a proper earnings value. They were manipulated high. But in a crisis like this people have no option to sell share like them fast . Big players must have been stuck with margin call also. Fundamentals with genuine buyer interest fall slower than share like GREG, EAST HVA LHCL,AAF with were manipulated very high. Now it is the time to find their real values.

The PCH chairman, is a famous GREG and OGl holder. If I recall he bought GREG.N in the Rs 50 ( needs to be checked). So comparatively you unrealized loss it better.

Wait for a turn around and get rid of share like these on as soon as possible. Else you worries are more than fundamentals. maybe you will get a chance to cut your losses greatly if market rusn for about 3-4 days consecutively

sriranga · 29 Re: ASI will reach 7000 Tue Feb 14, 2012 3:58 pm

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Fortunately the bear market let us identify the real gems.
Always ups and downs are experienced in the share market.
Hope our readers take this drastic situation as an example/experience and plan ahead.

Just i want to repeat a quote which earlier I mentioned in another post.

“You need three bear markets to know what to do. The first nearly wipes you out, the second you learn how to survive and the third you take by the scruff of the neck and enjoy it." - By the City of London-based hedge fund manager Crispin Odey

wiki · 30 Re: ASI will reach 7000 Tue Feb 14, 2012 5:02 pm

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විහිළු කරන්නන එපා ..... මේ වෙලාවේ හිනා වෙන්න අමාරුයි

maalinda · 31 Re: ASI will reach 7000 Tue Feb 14, 2012 6:24 pm

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Someone gone mad with this down fall ?? Very Happy

Kukula · 32 Re: ASI will reach 7000 Tue Feb 14, 2012 9:20 pm

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Mage pitipassa paththe kiripanuwo naliyanawa machan.

Gaja · 33 Re: ASI will reach 7000 Tue Feb 14, 2012 9:20 pm

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yes but don't ask when

sriranga · 34 Re: ASI will reach 7000 Tue Feb 14, 2012 9:23 pm

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His question could be come reality when SEC and CSE redo the ASPI base year some where in 1960's.

nkalansu · 35 Re: ASI will reach 7000 Tue Feb 14, 2012 10:37 pm

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Who is going to pump money to CSE to take it up to 7000 level when there are Banks giving 15% p.a. on FDs?

CSE.SAS · 36 Re: ASI will reach 7000 Tue Feb 14, 2012 11:28 pm

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sriranga wrote:His question could be come reality when SEC and CSE redo the ASPI base year some where in 1960's.

Kosinna · 37 Re: ASI will reach 7000 Tue Feb 14, 2012 11:43 pm

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ASI will reach 7000 If we can do the followings:
1. Free float rupee and settle OIL import out of the system
2. Try to maintain the interest rate less than 12%
3. Place long-term policies to create an export oriented economy
4. Maintain the law and order of the country – severe punishment to corruption
5. Creating a level field market place – stop nepotism
6. Cut unnecessary Govt spending and waste.
7. Anything else???

wiki · 38 Re: ASI will reach 7000 Wed Feb 15, 2012 6:09 am

wiki

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Kosinna wrote:ASI will reach 7000 If we can do the followings:
1. Free float rupee and settle OIL import out of the system
2. Try to maintain the interest rate less than 12%
3. Place long-term policies to create an export oriented economy
4. Maintain the law and order of the country – severe punishment to corruption
5. Creating a level field market place – stop nepotism
6. Cut unnecessary Govt spending and waste.
7. Anything else???

Invite the proper people to handle the economy , foreign policy , education , health, law and order etc ..

We won the war because we had the ideal team