ASI is climbing too fast.....ohh..noo....

ccsentha · 1 ASI is climbing too fast.....ohh..noo.... Fri Jun 15, 2012 12:46 pm

ccsentha

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ASI is climbing too fast.....when asi climbs too fast, it's bound to drop back................

this is the problem with CSE, it's panic selling or panic buying......people just act on panic or on others advice.
the market cannot keep going up like this, simply it's not possible for any market to maintain such an upward trend, so at some stages market will slow down, seeing this the panic will set in again. and people will start to panic sell again bringing the market down.

hawklk · 2 Re: ASI is climbing too fast.....ohh..noo.... Fri Jun 15, 2012 1:07 pm

hawklk

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This has been my fear....Climbing too fast.....

anjelo · 3 Re: ASI is climbing too fast.....ohh..noo.... Fri Jun 15, 2012 1:10 pm

anjelo

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it is happening!!!!

Appuhamy · 4 Re: ASI is climbing too fast.....ohh..noo.... Fri Jun 15, 2012 1:13 pm

Appuhamy

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Another fake bull has has come to the end ....

ccsentha · 5 Re: ASI is climbing too fast.....ohh..noo.... Fri Jun 15, 2012 1:15 pm

ccsentha

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First CSE needs to educate the people about share market. Value investing etc....
Every one just wants to earn money overnight.

people sell in panic as if the share price would come to 0 next day.
people buy in panic as if it would be impossible to buy shares tomorrow.

both of these makes the market crash.

people should be educated what is share market, how it works out and how to invest.

we don't open a business expecting it to give us profit the next day. same goes with share market.

hawklk · 6 Re: ASI is climbing too fast.....ohh..noo.... Fri Jun 15, 2012 1:18 pm

hawklk

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Looks like someone dropped a bombshell...more than 50 points in few minutes...waited till it reached 5000...then booooom

Redbulls · 7 Re: ASI is climbing too fast.....ohh..noo.... Fri Jun 15, 2012 2:17 pm

Redbulls

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ccsentha wrote:First CSE needs to educate the people about share market. Value investing etc....
Every one just wants to earn money overnight.

people sell in panic as if the share price would come to 0 next day.
people buy in panic as if it would be impossible to buy shares tomorrow.

both of these makes the market crash.

people should be educated what is share market, how it works out and how to invest.

we don't open a business expecting it to give us profit the next day. same goes with share market.

This is what here our seniors always try to do.
But unfortunately gossip threads get more attraction in this forum.
No one want to educate them self and want to behave like gamblers.
Best of luck.
I made a health profit booking.
That is my strategy.
Thanks to recent post in this forum.