Which I do not think that much one can do.
This is Sri Lanka if they want they can do whatever they want..
Redbulls
Manager - Equity Analytics
Yes Redbulls, Under any circumpstance.
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7th of march they going to release a new versionStockmate wrote:After the new system was implemented my DirectFN gives wrong charts. So I can not publish charts. My broker says they are updating the system . It is not yet over.
Stockmate wrote:After the new system was implemented my DirectFN gives wrong charts. So I can not publish charts. My broker says they are updating the system . It is not yet over.
Stockmate wrote:Do not separate the stock market from the current economy. It can not stand alone. Now we must watch the economy more closely. Economy is hell bent. There is nothing to be happy about the economy and the people
who handle it.
Pay attention to:-
Rupee depreciation
Trade balance
Debt
Government giving priority to wrong projects
Economic recession in Europe
ect
Foreign presence improves when the rupee weakens.
Last edited by Stockmate on Mon Mar 05, 2012 11:09 am; edited 1 time in total (Reason for editing : added few more lines)
a fols.nd locals areilluminati wrote:rishanpossitive wrote:"Brokers did their best to maintain the indices ( ASPI & Milanka) without falling with the help,of the new system. ".
This is absolutely wrong.I think most of here are related to broker firms,They don't know nothing.There are lot of people ahead of them who controls market,HNWI and funds.Broker firms did nothing these days market is kept green by some high cap shares like JKH,SLT,DIAL.Do you think brokers put orders to these shares.Noo.Nobody knows.
My bearish mood will not change until posts of this nature disappear from the forum. We see quite a few Positives, Rajas and 123s still active, who fail to to see the obvious or wish to suppress the truth to mislead others.
Stockmate wrote:I was so sure about a blood bath last week. But it was not so. So you were all taken for a ride by the market behavior.
But all the signs of a blood bath are still there more clearly than before. Brokers did their best to maintain the indices ( ASPI & Milanka) without falling with the help,of the new system.
But next ten days is going to be great for swing traders.
Some may charge that I am going to push the market down to collect at low rates. They make me laugh.
raa wrote:Economy is showing short term uncertainty... I am still positive on the long term so do not worry too much just yet.
The rupee depreciation was necessary and is a painful correction that needs to happen. Hopefully it will find some equilibrium close to 130 and not keep free falling.
The govt needs to raise capital with all this negative news. If they wait longer, it will be harder as yields have already started going up for sovereign debt. Expect another sovereign issue in the next 3 months (if they are smart).
In terms of corporate earnings, they had to taper off at some point. Just because they aren't growing across the board does not make mean we are suffering. Now we are at a point where you have to pick and choose your stocks as there will be earnings volatility. The market is maturing now... Still plenty of opportunity
Any news like sanctions against Sri Lanka will send the market tumbling down in my opinion. Might be unwarranted but still will have an impact. However, China and India will continue to be our primary backers so the situation isn't as bad as it may look to get.
Interest rates will not keep going up forever.
Just some thoughts to ponder.
aj wrote:You know what? This JKH sale is a selling. Some would say foreigners are buying.
But the reality is,
this is the same as central bank selling dollars to defend the currency.
They sell dollars, they sell city properties, they sell whole chunks of portfolios. Sri Lanka is selling this and that to keep afloat. This net foreign inflow thing is now misleading.
aj wrote:You know what? This JKH sale is a selling. Some would say foreigners are buying.
But the reality is,
this is the same as central bank selling dollars to defend the currency.
They sell dollars, they sell city properties, they sell whole chunks of portfolios. Sri Lanka is selling this and that to keep afloat. This net foreign inflow thing is now misleading.
aj wrote:By the way, today's massive contributor to the index is SLTL. JKH is also a negative contributor.
raa wrote:
Subsidies for fuel and fuel related services (like electricity) need to be reduced. The problem is that the government tried so hard to fight the change instead of finding effective and gradual ways to phase it in. I blame the Central Bank for not seeing that this was going to be a problem. Instead they wait till there is no other alternative and then make big fuel hikes and price changes to electricity...obviously there is going to be a lot of unrest and negativity!
Lets hope this is a short term fix with a long term solution and not the goverment resorting to short term fixes like this everytime.
rishanpossitive wrote:"Brokers did their best to maintain the indices ( ASPI & Milanka) without falling with the help,of the new system. ".
This is absolutely wrong.I think most of here are related to broker firms,They don't know nothing.There are lot of people ahead of them who controls market,HNWI and funds.Broker firms did nothing these days market is kept green by some high cap shares like JKH,SLT,DIAL.Do you think brokers put orders to these shares.Noo.Nobody knows.
rishanpossitive wrote:rishanpossitive wrote:"Brokers did their best to maintain the indices ( ASPI & Milanka) without falling with the help,of the new system. ".
This is absolutely wrong.I think most of here are related to broker firms,They don't know nothing.There are lot of people ahead of them who controls market,HNWI and funds.Broker firms did nothing these days market is kept green by some high cap shares like JKH,SLT,DIAL.Do you think brokers put orders to these shares.Noo.Nobody knows.
As i said broker huts can't maintain index as they want,we so the reason for JKH move today.Remember the fact that there are more higher people who control market than brokers.ASI 4000 or 6000 depent on these people and institutions not on GENEVA or other reasons.They will hardly have a effect.Today we may have got the trigger for the green market.Lets wait and see.
manula wrote:rishanpossitive wrote:rishanpossitive wrote:"Brokers did their best to maintain the indices ( ASPI & Milanka) without falling with the help,of the new system. ".
This is absolutely wrong.I think most of here are related to broker firms,They don't know nothing.There are lot of people ahead of them who controls market,HNWI and funds.Broker firms did nothing these days market is kept green by some high cap shares like JKH,SLT,DIAL.Do you think brokers put orders to these shares.Noo.Nobody knows.
As i said broker huts can't maintain index as they want,we so the reason for JKH move today.Remember the fact that there are more higher people who control market than brokers.ASI 4000 or 6000 depent on these people and institutions not on GENEVA or other reasons.They will hardly have a effect.Today we may have got the trigger for the green market.Lets wait and see.
This is temporary increase only ..due to JKH move ... but we want the stable market with investor confidence.
Rajaraam wrote:manula wrote:rishanpossitive wrote:rishanpossitive wrote:"Brokers did their best to maintain the indices ( ASPI & Milanka) without falling with the help,of the new system. ".
This is absolutely wrong.I think most of here are related to broker firms,They don't know nothing.There are lot of people ahead of them who controls market,HNWI and funds.Broker firms did nothing these days market is kept green by some high cap shares like JKH,SLT,DIAL.Do you think brokers put orders to these shares.Noo.Nobody knows.
As i said broker huts can't maintain index as they want,we so the reason for JKH move today.Remember the fact that there are more higher people who control market than brokers.ASI 4000 or 6000 depent on these people and institutions not on GENEVA or other reasons.They will hardly have a effect.Today we may have got the trigger for the green market.Lets wait and see.
This is temporary increase only ..due to JKH move ... but we want the stable market with investor confidence.
I dont think so. From mid Feb. Foreigners are buying and locals are selling. Without taking in to consideration today's big deal if we work out net foreign inflow it is more than 2.5 bn for this year. First 4 days of this week alone foreign net inflow exceeds Rs. 400 mn. So any moment local HNWIs too be active. If our economic situation is considered as worst do you think foreigners invest like this? I believe we can see a U tern quickly.
Rajaraam wrote:manula wrote:rishanpossitive wrote:rishanpossitive wrote:"Brokers did their best to maintain the indices ( ASPI & Milanka) without falling with the help,of the new system. ".
This is absolutely wrong.I think most of here are related to broker firms,They don't know nothing.There are lot of people ahead of them who controls market,HNWI and funds.Broker firms did nothing these days market is kept green by some high cap shares like JKH,SLT,DIAL.Do you think brokers put orders to these shares.Noo.Nobody knows.
As i said broker huts can't maintain index as they want,we so the reason for JKH move today.Remember the fact that there are more higher people who control market than brokers.ASI 4000 or 6000 depent on these people and institutions not on GENEVA or other reasons.They will hardly have a effect.Today we may have got the trigger for the green market.Lets wait and see.
This is temporary increase only ..due to JKH move ... but we want the stable market with investor confidence.
I dont think so. From mid Feb. Foreigners are buying and locals are selling. Without taking in to consideration today's big deal if we work out net foreign inflow it is more than 2.5 bn for this year. First 4 days of this week alone foreign net inflow exceeds Rs. 400 mn. So any moment local HNWIs too be active. If our economic situation is considered as worst do you think foreigners invest like this? I believe we can see a U tern quickly.
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