Sri Lankan Style - really wonderful

hariesha · 1 Sri Lankan Style - really wonderful Sat Mar 17, 2012 11:54 pm

hariesha

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When foreigners are bullish we are bearish. When they are bearish, we are bullish.

We are really wonderful, aren’t we?

Malika1990 · 2 Re: Sri Lankan Style - really wonderful Sun Mar 18, 2012 7:39 am

Malika1990

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u correct my friend Laughing

wiser · 3 Re: Sri Lankan Style - really wonderful Sun Mar 18, 2012 7:50 am

wiser

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I went to Asia securities to meet my broker. Then I observed trade floor was empty. no investors. I asked from broker why the hell these people are not buying when market is cheap. Then he said from his client only me and other 3 are buying when market is going down. This is the pathetic situation with our local retail investors. I can see when market is expensive trading floor is full of these guys. Relevant authorities should aware these retailers.

rishanpossitive · 4 Re: Sri Lankan Style - really wonderful Sun Mar 18, 2012 8:46 am

rishanpossitive

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wiser wrote:I went to Asia securities to meet my broker. Then I observed trade floor was empty. no investors. I asked from broker why the hell these people are not buying when market is cheap. Then he said from his client only me and other 3 are buying when market is going down. This is the pathetic situation with our local retail investors. I can see when market is expensive trading floor is full of these guys. Relevant authorities should aware these retailers.

NEW SYSTEM.Shout to SEC what can retailers do.There's no way they can put an order for highest buy or lowest sell with this system.

Stockmate · 5 Re: Sri Lankan Style - really wonderful Sun Mar 18, 2012 11:18 am

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99% of local investors do not now what they are doing. They do not critically observe the market behaviour. They need news and rumours make buying and selling. No news no trading. There are enormous swing trading opportunities . Bou they no not make use of them. Those who now the ropes buy at extreme lows.

Redbulls · 6 Re: Sri Lankan Style - really wonderful Sun Mar 18, 2012 12:20 pm

Redbulls

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Stockmate wrote:99% of local investors do not now what they are doing. They do not critically observe the market behaviour. They need news and rumours make buying and selling. No news no trading. There are enormous swing trading opportunities . Bou they no not make use of them. Those who now the ropes buy at extreme lows.

I do agree with your point, but slight change in CSE most of the new comers recently pretending they are traders not investors.

rjeranimo · 7 Re: Sri Lankan Style - really wonderful Sun Mar 18, 2012 12:30 pm

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I think most people do not have money to invest. coz` they already invested in here with losses due to market's rapid down. that's why the reason. other reason is if people have money, why they burn their hands with share market, while banks are giving 12%-14 % interest for sure. if i have one million i can earn 100000 for end of the year for sure. so why people invest this corrupted market?

airborne · 8 Re: Sri Lankan Style - really wonderful Mon Mar 19, 2012 10:08 am

airborne

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wiser wrote:I went to Asia securities to meet my broker. Then I observed trade floor was empty. no investors. I asked from broker why the hell these people are not buying when market is cheap. Then he said from his client only me and other 3 are buying when market is going down. This is the pathetic situation with our local retail investors. I can see when market is expensive trading floor is full of these guys. Relevant authorities should aware these retailers.

Rjeranimo said :
if people have money, why they burn their hands with share market, while banks are giving 12%-14 % interest for sure. if i have one million i can earn 100000 for end of the year for sure. so why people invest this corrupted market?

Looks like market is bottoming out?
http://forum.srilankaequity.com/t16135-bottom-picking?highlight=Bottom

Points 1 and 4 Laughing