What to do tomorrow?

anubis · 1 What to do tomorrow? Thu Mar 22, 2012 10:34 pm

anubis

Senior Manager - Equity Analytics

Posts : 474
Equity Stars : 5403
Reputation : 31
Join date : 2011-03-21

Let's discuss what "IF" tomorrow is a panic selling day. Will it be good to collect tomorrow itself? or wait till Monday? If I remember correctly, the last massive slide lasted two days (14/15 of Feb I think) so I'm thinking of a strategy for tomorrow.

Thanks in advance for your comments Cool

Cheers!

dineshfernando · 2 Re: What to do tomorrow? Thu Mar 22, 2012 10:36 pm

dineshfernando

Senior Manager - Equity Analytics

Posts : 573
Equity Stars : 5861
Reputation : 32
Join date : 2011-02-05

Will the market go down below 3% tomorrow? There will be lot of panic selling as usual.

Redbulls · 3 Re: What to do tomorrow? Thu Mar 22, 2012 10:38 pm

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16077
Reputation : 770
Join date : 2012-02-14

Why we need to expect panic?

anubis · 4 Re: What to do tomorrow? Thu Mar 22, 2012 10:40 pm

anubis

Senior Manager - Equity Analytics

Posts : 474
Equity Stars : 5403
Reputation : 31
Join date : 2011-03-21

I said "IF" Smile

I'm not saying it will be a panic selling day. But it's better to have a strategy if it goes that way.

Cheers!

Light of Hope · 5 Re: What to do tomorrow? Thu Mar 22, 2012 10:41 pm

Light of Hope

Vice President - Equity Analytics

Posts : 1014
Equity Stars : 5902
Reputation : 59
Join date : 2011-04-04

If history repeats it self, it would be too easy. If market starts south again, I doubt it would only be for two days.

I will look how the day is progressing and decide, If I should Buy, Hold or Sell.

anubis · 6 Re: What to do tomorrow? Thu Mar 22, 2012 10:45 pm

anubis

Senior Manager - Equity Analytics

Posts : 474
Equity Stars : 5403
Reputation : 31
Join date : 2011-03-21

@Light: Thanks!

There could be a chain reaction which could lead to more and more panic selling. I hope that wouldn't happen - I've been buying some fundamental counters for the last couple of days. I didn't think this UNHRC issue would be that much of a big deal, but looking at the forum I see people are concerned about it scratch

Cheers!

bullrun · 7 Re: What to do tomorrow? Thu Mar 22, 2012 10:55 pm

bullrun

Assistant Vice President - Equity Analytics

Posts : 780
Equity Stars : 5912
Reputation : 78
Join date : 2011-01-31

No big fish will buy tomorrow and will wait till panic sellers push prices down. As soon as the expected level comes they will start buying. Don't be panic and sell. You will be sorry very soon.

Redbulls · 8 Re: What to do tomorrow? Thu Mar 22, 2012 11:00 pm

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16077
Reputation : 770
Join date : 2012-02-14

anubis wrote:@Light: Thanks!

There could be a chain reaction which could lead to more and more panic selling. I hope that wouldn't happen - I've been buying some fundamental counters for the last couple of days. I didn't think this UNHRC issue would be that much of a big deal, but looking at the forum I see people are concerned about it

Cheers!

I don't think UNHRC issue would be that much of a big deal also.

"looking at the forum I see people are concerned about it"

Only couple of guys want to show their loyalty too much that's all.

hariesha · 9 Re: What to do tomorrow? Thu Mar 22, 2012 11:29 pm

hariesha

Vice President - Equity Analytics

Posts : 1058
Equity Stars : 7293
Reputation : 34
Join date : 2011-03-14

anubis wrote:I said "IF"

I'm not saying it will be a panic selling day. But it's better to have a strategy if it goes that way.

Cheers!

I can see your greedy face. Ha Ha Ha...

My opinion is there won’t be long panic rally. There is a big cash rich fund in the market. Look at the way they have guarded some of the shares that they have large stakes during last few days.

I actually expected a big drop in last few days especially after India’s announcement. Which didn’t happen.

Remember next week is the year end.

anubis · 10 Re: What to do tomorrow? Thu Mar 22, 2012 11:56 pm

anubis

Senior Manager - Equity Analytics

Posts : 474
Equity Stars : 5403
Reputation : 31
Join date : 2011-03-21

@hariesha:

"Take what you can, give nothing back" - Jack Sparrow Wink

Seriously though, should I be sympathetic towards the market? I find it very funny when people say stuff like "let's not panic sell... let's work together and bring the market up... etc. etc." aren't we all here to make money at the expense of someone else anyway? Don't take me wrong, I'm not saying we should "manipulate" the market (up or down) - I'm saying we have to read the market sentiment whenever possible and make the best of it, isn't it? So, what's the point in "working together"? You'll be rewarded only if you can beat someone else at predicting the market better, am I wrong?

Cheers!

hariesha · 11 Re: What to do tomorrow? Fri Mar 23, 2012 12:17 am

hariesha

Vice President - Equity Analytics

Posts : 1058
Equity Stars : 7293
Reputation : 34
Join date : 2011-03-14

anubis wrote:@hariesha:

"Take what you can, give nothing back" - Jack Sparrow

Seriously though, should I be sympathetic towards the market? I find it very funny when people say stuff like "let's not panic sell... let's work together and bring the market up... etc. etc." aren't we all here to make money at the expense of someone else anyway? Don't take me wrong, I'm not saying we should "manipulate" the market (up or down) - I'm saying we have to read the market sentiment whenever possible and make the best of it, isn't it? So, what's the point in "working together"? You'll be rewarded only if you can beat someone else at predicting the market better, am I wrong?

Cheers!

I am not 100% sure that I understood what you are saying, no I aware who is Jack Sparrow either.

Though I never mention "working together" in my above post or any other, When trading it's obviously at the expense of some body but that does not mean that he has to booked a loss, unless it's a pump and dump. All of our transactions are not 100% accurate either. I believe I am experiencing a decent year currently, as I do have a success rate of around 60%. There are enough opportunities in CSE for everybody. Last few days we had some opportunities. Tomorrow may be a very good opportunity. This is how I feel, but I may wrong.

Unfortunately none of us have the financial power the grab all the opportunities.

Market will give us opportunities. But I don't believe that we should carve out opportunities. It's not ethical.
Should we use this forum to find baits? Lot of new comers are using this forum. They expect something.

anubis · 12 Re: What to do tomorrow? Fri Mar 23, 2012 12:44 am

anubis

Senior Manager - Equity Analytics

Posts : 474
Equity Stars : 5403
Reputation : 31
Join date : 2011-03-21

It's a quote from the movie "Pirates of the Caribbean".

Anyway, I'm not accusing of you saying "working together" and I'm not encouraging manipulation (i.e. carving out opportunities) either. But I strongly believe that if there are winners, there have to be loosers too.

If this forum offers a view of the investors in the market, I don't think it's wrong to use that information to our advantage. After all, reading market sentiment is one key for good returns.

Cheers!

manula · 13 Re: What to do tomorrow? Fri Mar 23, 2012 1:27 am

manula

Vice President - Equity Analytics

Posts : 1171
Equity Stars : 6035
Reputation : 55
Join date : 2011-04-18
Location : Qatar

bullrun wrote:No big fish will buy tomorrow and will wait till panic sellers push prices down. As soon as the expected level comes they will start buying. Don't be panic and sell. You will be sorry very soon.

Not only panic sellers....we can see the panic buyers also...

UKboy · 14 Re: What to do tomorrow? Fri Mar 23, 2012 3:23 am

UKboy

Senior Vice President - Equity Analytics

Posts : 1943
Equity Stars : 7346
Reputation : 391
Join date : 2011-02-08
Location : Earth

It will NOT be a disaster.
Cash rich government funds will do every possible thing to control the market (artificially).
I cannt see any panic situation. ( I meant a market crash)

Jana · 15 Re: What to do tomorrow? Fri Mar 23, 2012 3:46 am

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10718
Reputation : 195
Join date : 2011-03-10

UKboy wrote:It will NOT be a disaster.
Cash rich government funds will do every possible thing to control the market (artificially).
I cannt see any panic situation. ( I meant a market crash)

I agree!

nothing worried too much about market crash or panic sellers. in addition UN resolution doesn't affect the country immediately... just they offer some thing to do the government by force... thats it ... so enjoy the market...

bullrun · 16 Re: What to do tomorrow? Fri Mar 23, 2012 6:34 am

bullrun

Assistant Vice President - Equity Analytics

Posts : 780
Equity Stars : 5912
Reputation : 78
Join date : 2011-01-31

UNHRC does not ask us to do something new. They asked to implement our own recommendations (LLRC). Nothing to worry! Don't waste your hard earn money by selling in vain

Roboticfx · 17 Re: What to do tomorrow? Fri Mar 23, 2012 9:14 am

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7921
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Please don't sell panicky as well as don't buy panicky. Work wisely and take the best decisions and earn profits. Very Happy

Happy Trading and All the best!

suja · 18 Re: What to do tomorrow? Fri Mar 23, 2012 11:13 am

suja

Senior Manager - Equity Analytics

Posts : 338
Equity Stars : 5222
Reputation : 14
Join date : 2011-01-27

Anubis, sorry you are wrong in your assessment of the market. Some one does not have to loose for you to win if you are an investor looking at the business performance of the company you are buying. You are not betting on some ones else to loose but betting on the companies future growth. Let me give you an example , I collected CTC at 300-400 levels betting on the companies future growth the share went down and up during the period and sometimes it was a loss, but in the long run you know where it is at now.

anubis · 19 Re: What to do tomorrow? Fri Mar 23, 2012 12:58 pm

anubis

Senior Manager - Equity Analytics

Posts : 474
Equity Stars : 5403
Reputation : 31
Join date : 2011-03-21

@suja: I do agree with you up to some degree. However, keep in mind that CTC share (in your example) appreciated because other investors also bought its shares (since they also saw future growth), so ultimately it's someone else's money that is keeping this share up (which makes your investment profitable).

Investing (as opposed to trading) may be is more "civilized" since you are solely depending on company performance instead of "market sentiment" in order to make money. I'm practicing both of them, if I can read off the market sentiment better than others, I'd still try to make some money out of it. However, nobody can read the market sentiment 100% correctly - so, having some sort of an investment strategy is also important.

Cheers!

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

What to do tomorrow?

1 What to do tomorrow? Thu Mar 22, 2012 10:34 pm

anubis

2 Re: What to do tomorrow? Thu Mar 22, 2012 10:36 pm

dineshfernando

3 Re: What to do tomorrow? Thu Mar 22, 2012 10:38 pm

Redbulls

4 Re: What to do tomorrow? Thu Mar 22, 2012 10:40 pm

anubis

5 Re: What to do tomorrow? Thu Mar 22, 2012 10:41 pm

Light of Hope

6 Re: What to do tomorrow? Thu Mar 22, 2012 10:45 pm

anubis

7 Re: What to do tomorrow? Thu Mar 22, 2012 10:55 pm

bullrun

8 Re: What to do tomorrow? Thu Mar 22, 2012 11:00 pm

Redbulls

9 Re: What to do tomorrow? Thu Mar 22, 2012 11:29 pm

hariesha

10 Re: What to do tomorrow? Thu Mar 22, 2012 11:56 pm

anubis

11 Re: What to do tomorrow? Fri Mar 23, 2012 12:17 am

hariesha

12 Re: What to do tomorrow? Fri Mar 23, 2012 12:44 am

anubis

13 Re: What to do tomorrow? Fri Mar 23, 2012 1:27 am

manula

14 Re: What to do tomorrow? Fri Mar 23, 2012 3:23 am

UKboy

15 Re: What to do tomorrow? Fri Mar 23, 2012 3:46 am

Jana

16 Re: What to do tomorrow? Fri Mar 23, 2012 6:34 am

bullrun

17 Re: What to do tomorrow? Fri Mar 23, 2012 9:14 am

Roboticfx

18 Re: What to do tomorrow? Fri Mar 23, 2012 11:13 am

suja

19 Re: What to do tomorrow? Fri Mar 23, 2012 12:58 pm

anubis

20 Re: What to do tomorrow?

Sponsored content

New topics