Too fast ...kills

RIO · 1 Too fast ...kills Tue Sep 11, 2012 11:34 am

RIO

Senior Manager - Equity Analytics

Posts : 452
Equity Stars : 5380
Reputation : 84
Join date : 2011-06-01

Too fast movements of Speculative s will kill the market.... even before the genuine bull trend begins... Shocked

LOL...

Finally the long waited bull run will end without lasting even a month if this trend of speculative continues further more...

I strongly believe if the mkt to sustain in these levels & to go pass the 5600 then its time for fundamentals to move up today or tomorrow and carry the trend forward...but if the upward trend is solely shouldered by the speculative s then.... expect affraid

Slstock · 2 Re: Too fast ...kills Tue Sep 11, 2012 11:41 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13386
Reputation : 1158
Join date : 2011-01-22

Well the spec holders needs also a hike to get rid of them if they need to. I only hope most of the retailers do not drive these to unjustifiable level buying and when they are selling to invest the money in some valuable share.

RIO · 3 Re: Too fast ...kills Tue Sep 11, 2012 11:50 am

RIO

Senior Manager - Equity Analytics

Posts : 452
Equity Stars : 5380
Reputation : 84
Join date : 2011-06-01

slstock wrote:Well the spec holders needs also a hike to get rid of them if they need to. I only hope most of the retailers do not drive these to unjustifiable level buying and when they are selling to invest the money in some valuable share.

If so...then thank God......!

But What I see is, our retailers are greedily chasing specs again and that's same money rotates every day other than infusing new investments since last week.... Sad

same kind of shares & pattern as we saw in 2010 just before the collapse.... Twisted Evil

Started with BFL then GRAN, TAFL, REEF, HVA, CSF, SEMB....LOL the only missing is Great platinum mine...GREG.... Very Happy

smallville · 4 Re: Too fast ...kills Tue Sep 11, 2012 12:42 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10118
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

At the moment of writing ASI is 20 points down..

This is what I iterate last few days.. The market runs on credit and no new investments money coming in.. May be the foreigners buy with money but locals its credit again.

All can have their laugh now.. tongue

Ppl who take advantage of pull backs be careful.. I cancelled several orders..

Lalindra · 5 Re: Too fast ...kills Tue Sep 11, 2012 1:01 pm

Lalindra

Manager - Equity Analytics

Posts : 178
Equity Stars : 5777
Reputation : 14
Join date : 2011-12-12
Location : Colombo, Sri Lanka.

smallville wrote:At the moment of writing ASI is 20 points down..

This is what I iterate last few days.. The market runs on credit and no new investments money coming in.. May be the foreigners buy with money but locals its credit again.

All can have their laugh now..

Ppl who take advantage of pull backs be careful.. I cancelled several orders..

What did you mean by pull backs?

Lalindra · 6 Re: Too fast ...kills Tue Sep 11, 2012 1:03 pm

Lalindra

Manager - Equity Analytics

Posts : 178
Equity Stars : 5777
Reputation : 14
Join date : 2011-12-12
Location : Colombo, Sri Lanka.

RIO wrote:Too fast movements of Speculative s will kill the market.... even before the genuine bull trend begins... LOL...

Finally the long waited bull run will end without lasting even a month if this trend of speculative continues further more...

I strongly believe if the mkt to sustain in these levels & to go pass the 5600 then its time for fundamentals to move up today or tomorrow and carry the trend forward...but if the upward trend is solely shouldered by the speculative s then.... expect

I think you've been proven right. Smile

SL.Market · 7 Re: Too fast ...kills Tue Sep 11, 2012 1:14 pm

SL.Market

Vice President - Equity Analytics

Posts : 1340
Equity Stars : 6768
Reputation : 146
Join date : 2011-03-15
Location : Colombo

smallville wrote:At the moment of writing ASI is 20 points down..

This is what I iterate last few days.. The market runs on credit and no new investments money coming in.. May be the foreigners buy with money but locals its credit again.

All can have their laugh now..

Ppl who take advantage of pull backs be careful.. I cancelled several orders..

well said smal...

more than 10 days up the market... If dropped two days we will see how many crying here..
it is natural

D.G.Dayaratne · 8 Re: Too fast ...kills Tue Sep 11, 2012 1:30 pm

D.G.Dayaratne

Senior Vice President - Equity Analytics

Posts : 2021
Equity Stars : 8716
Reputation : 57
Join date : 2011-12-13
Location : Kotte

This is temporary phenomenon
Any market you can see ups and Downs

RIO · 9 Re: Too fast ...kills Tue Sep 11, 2012 1:39 pm

RIO

Senior Manager - Equity Analytics

Posts : 452
Equity Stars : 5380
Reputation : 84
Join date : 2011-06-01

D.G.Dayaratne wrote:This is temporary phenomenon
Any market you can see ups and Downs

Oh yes 1000 times agreeing with you...We have seen the heaven & as well as the hell in past 2 years.... Very Happy

which one you said as a temporary phenomenon...? the upward trend which we had in last few days or the Down ward trend which started today...???

D.G.Dayaratne · 10 Re: Too fast ...kills Tue Sep 11, 2012 1:52 pm

D.G.Dayaratne

Senior Vice President - Equity Analytics

Posts : 2021
Equity Stars : 8716
Reputation : 57
Join date : 2011-12-13
Location : Kotte

Downward Trend will be temporary Mydear

RIO · 11 Re: Too fast ...kills Tue Sep 11, 2012 1:58 pm

RIO

Senior Manager - Equity Analytics

Posts : 452
Equity Stars : 5380
Reputation : 84
Join date : 2011-06-01

D.G.Dayaratne wrote:Downward Trend will be temporary Mydear

Ok...hope for the best...but My sense says the present down trend is indicating the direction of the near future of the MKT ....!
I too wish if the Up trend continues as I have few more to dump & jump.. Wink

K.Haputantri · 12 Re: Too fast ...kills Tue Sep 11, 2012 2:39 pm

K.Haputantri

Co-Admin

Posts : 2274
Equity Stars : 8894
Reputation : 390
Join date : 2011-12-06
Age : 74
Location : Moratuwa

Dump & Jump is not an offense. It is Pump & Dump that is bad. Ha Ha!!

snandasiri · 13 Re: Too fast ...kills Tue Sep 11, 2012 2:50 pm

snandasiri

Manager - Equity Analytics

Posts : 241
Equity Stars : 4878
Reputation : 15
Join date : 2011-10-11
Age : 34
Location : Piliyandala

D.G.Dayaratne wrote:This is temporary phenomenon
Any market you can see ups and Downs

No reason to panic.
Smile

market bull · 14 Re: Too fast ...kills Tue Sep 11, 2012 2:54 pm

market bull

Assistant Vice President - Equity Analytics

Posts : 636
Equity Stars : 5324
Reputation : 18
Join date : 2011-12-01

hmm nice try,anyway ASI might be red after adjustments.SELI one share traded & got nearly 10 points contribution to ASI.

today turnover of some shares were two times of average daily turnover for last 1-2 weeks,might be an indication of selling. Tomorrow might be a worst day.

I am trying to figure out how many genuine red days we can expect.

some time my personal opinion may be wrong.Wait & see.

wiki · 15 Re: Too fast ...kills Tue Sep 11, 2012 3:15 pm

wiki

Assistant Vice President - Equity Analytics

Posts : 687
Equity Stars : 5715
Reputation : 41
Join date : 2011-02-03
Location : Colombo

Yes too fast kill

It is very well known that this push is done by using credit... Market can go other way with same rate if fresh funds are not coming.

in this miracle land any thing can happen .. sometimes change of margin trading rule may on the card with interest rates cut .

Deva · 16 Re: Too fast ...kills Tue Sep 11, 2012 3:43 pm

Deva

Senior Manager - Equity Analytics

Posts : 356
Equity Stars : 5282
Reputation : 16
Join date : 2011-02-28
Location :

This is how I would look at the current market status(may be I am wrong).

There were huge collections by the big guns during bear runs. Last two weeks they took the market up to sell their collections.
I sense today it was a day for these same people to collect at a lower price by pulling the market down.
Most likely this would last for 1-2 days and start the push upwards.

Be positive. Good luck. Smile

Roboticfx · 17 Re: Too fast ...kills Tue Sep 11, 2012 4:19 pm

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7923
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

It is possible to happen a small downward while a bull trend is going on. When the no of trades are considered, I don't think the situation will be more worse. This was happened as I felt, coz of selling pressure was little higher than the buying pressure. Everyone is trying to get out of the hell where they were staying a long time. Tomorrow trading will give us a proper idea whether the trend will continue or will be stable at this position. However, no visible signs to go back to the start point.

Cheers! Happy Trading! Very Happy

suja · 18 Re: Too fast ...kills Tue Sep 11, 2012 4:31 pm

suja

Senior Manager - Equity Analytics

Posts : 338
Equity Stars : 5224
Reputation : 14
Join date : 2011-01-27

close to 2 Bn traded today. Most of the shares were retail favourites, all what you have said is true but I feel that the market will be down or sideways for 2 days max and it will go up. Not a technical indication just my observation for a long time looking at the market.

pathfinder · 19 Re: Too fast ...kills Tue Sep 11, 2012 5:22 pm

pathfinder

Senior Manager - Equity Analytics

Posts : 441
Equity Stars : 5243
Reputation : 33
Join date : 2011-08-19

D.G.Dayaratne wrote:This is temporary phenomenon
Any market you can see ups and Downs

Nothing remains erect all the time lol!

malanp · 20 Re: Too fast ...kills Tue Sep 11, 2012 6:19 pm

malanp

Senior Manager - Equity Analytics

Posts : 382
Equity Stars : 4866
Reputation : 16
Join date : 2012-03-02

This is from NDB daily report...

"The market was due for a slowdown after the rapid rise in
share prices over the last 2 weeks. A period of consolidation
is required to sustain the current Bull Run."

Slstock · 21 Re: Too fast ...kills Tue Sep 11, 2012 6:37 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13386
Reputation : 1158
Join date : 2011-01-22

lbt.lk says

"The day witnessed profit taking mainly on the overheated retail
favorites and closed the day almost flat ending its 10 day stay in the
green territory."

malanp wrote:This is from NDB daily report...

"The market was due for a slowdown after the rapid rise in
share prices over the last 2 weeks. A period of consolidation
is required to sustain the current Bull Run."

smallville · 22 Re: Too fast ...kills Tue Sep 11, 2012 6:55 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10118
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

market bull wrote:hmm nice try,anyway ASI might be red after adjustments.SELI one share traded & got nearly 10 points contribution to ASI.

today turnover of some shares were two times of average daily turnover for last 1-2 weeks,might be an indication of selling. Tomorrow might be a worst day.

I am trying to figure out how many genuine red days we can expect.

some time my personal opinion may be wrong.Wait & see.

Good observation.. Make sense.. I seriously hope market wont fall..

Deva wrote:This is how I would look at the current market status(may be I am wrong).

There were huge collections by the big guns during bear runs. Last two weeks they took the market up to sell their collections.
I sense today it was a day for these same people to collect at a lower price by pulling the market down.
Most likely this would last for 1-2 days and start the push upwards.

Be positive. Good luck.

Correct.. but all these so called big guns averaged down imo.. Where they get new capital, have their companies shown remarkable results? No..
So I'm 100% sure the credit facilities would've been granted lavishly by the brokers.. After all brokers were also beaten down, their income might've been bad in the bear days Wink

So we saw a credit run.. Can a market sustain with credit?
I wanna re-iterate this one.. Some HNWIs have billion rupee margins in losses.. So this is the time they could take the retailers on a ride..

So another run could be imminent too after a pull back.. Or else we dont see the light..

Hiru · 23 Re: Too fast ...kills Tue Sep 11, 2012 7:31 pm

Hiru

Manager - Equity Analytics

Posts : 274
Equity Stars : 5147
Reputation : 31
Join date : 2011-04-24

In my opinion, there are certain good counters where the collections are going on...for example you can see how much BIL shares have been traded today at 4.40 level ( artificially put at this level putting a 1.6 selling orders at 4.50) . Also I feel that what ever happens to the market in next few days, it would start bull trend with plantation sector and investment companies like CINV, BIN etc....my observation. (I have BIN but not Others)

Also, if the market could go this much up with credits why we have to worry about fresh cash. My feeling is some shares which has fundamental values are appreciating little by little with fresh cash injections-that's why there are no panic sellers for those shares.

Last edited by Hiru on Tue Sep 11, 2012 8:00 pm; edited 1 time in total

Slstock · 24 Re: Too fast ...kills Tue Sep 11, 2012 7:43 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13386
Reputation : 1158
Join date : 2011-01-22

I think you mean BIL not BIN? ( BINN is land only haha)

Yes certain fundamental shares have been appreciating little by little so far.

Apart from some fundamental penny stocks, Certain shares in the bank, agri, manufacturing sector has appreciated.

They did not run in day and were most times gradual increases with dips in the middle.

Hiru wrote:In my opinion, there are certain good counters where the collections are going on...for example you can see how much BIN shares have been traded today at 4.40 level ( artificially put at this level putting a 1.6 selling orders at 4.50) . Also I feel that what ever happens to the market in next few days, it would start bull trend with plantation sector and investment companies like CINV, BIN etc....my observation. (I have BIN but not Others)

Also, if the market could go this much up with credits why we have to worry about fresh cash. My feeling is some shares which has fundamental values are appreciating little by little with fresh cash injections-that's why there are no panic sellers for those shares.

Last edited by slstock on Tue Sep 11, 2012 8:05 pm; edited 2 times in total (Reason for editing : had list of share before but I edited so people who not blindly note.)

Hiru · 25 Re: Too fast ...kills Tue Sep 11, 2012 8:01 pm

Hiru

Manager - Equity Analytics

Posts : 274
Equity Stars : 5147
Reputation : 31
Join date : 2011-04-24

Thanks. it is BIL, i corrected it.

slstock wrote:I think you mean BIL not BIN? ( BINN is land only haha)

Yes certain fundamental shares have been appreciating little by little so far.

Apart from some fundamental penny stocks, Certain shares in the bank, agri, manufacturing sector has appreciated.

They did not run in day and were most times gradual increases with dips in the middle.

Hiru wrote:In my opinion, there are certain good counters where the collections are going on...for example you can see how much BIN shares have been traded today at 4.40 level ( artificially put at this level putting a 1.6 selling orders at 4.50) . Also I feel that what ever happens to the market in next few days, it would start bull trend with plantation sector and investment companies like CINV, BIN etc....my observation. (I have BIN but not Others)

Also, if the market could go this much up with credits why we have to worry about fresh cash. My feeling is some shares which has fundamental values are appreciating little by little with fresh cash injections-that's why there are no panic sellers for those shares.

Sponsored content

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

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

Latest topics

Too fast ...kills

1 Too fast ...kills Tue Sep 11, 2012 11:34 am

RIO

2 Re: Too fast ...kills Tue Sep 11, 2012 11:41 am

Slstock

3 Re: Too fast ...kills Tue Sep 11, 2012 11:50 am

RIO

4 Re: Too fast ...kills Tue Sep 11, 2012 12:42 pm

smallville

5 Re: Too fast ...kills Tue Sep 11, 2012 1:01 pm

Lalindra

6 Re: Too fast ...kills Tue Sep 11, 2012 1:03 pm

Lalindra

7 Re: Too fast ...kills Tue Sep 11, 2012 1:14 pm

SL.Market

8 Re: Too fast ...kills Tue Sep 11, 2012 1:30 pm

D.G.Dayaratne

9 Re: Too fast ...kills Tue Sep 11, 2012 1:39 pm

RIO

10 Re: Too fast ...kills Tue Sep 11, 2012 1:52 pm

D.G.Dayaratne

11 Re: Too fast ...kills Tue Sep 11, 2012 1:58 pm

RIO

12 Re: Too fast ...kills Tue Sep 11, 2012 2:39 pm

K.Haputantri

13 Re: Too fast ...kills Tue Sep 11, 2012 2:50 pm

snandasiri

14 Re: Too fast ...kills Tue Sep 11, 2012 2:54 pm

market bull

15 Re: Too fast ...kills Tue Sep 11, 2012 3:15 pm

wiki

16 Re: Too fast ...kills Tue Sep 11, 2012 3:43 pm

Deva

17 Re: Too fast ...kills Tue Sep 11, 2012 4:19 pm

Roboticfx

18 Re: Too fast ...kills Tue Sep 11, 2012 4:31 pm

suja

19 Re: Too fast ...kills Tue Sep 11, 2012 5:22 pm

pathfinder

20 Re: Too fast ...kills Tue Sep 11, 2012 6:19 pm

malanp

21 Re: Too fast ...kills Tue Sep 11, 2012 6:37 pm

Slstock

22 Re: Too fast ...kills Tue Sep 11, 2012 6:55 pm

smallville

23 Re: Too fast ...kills Tue Sep 11, 2012 7:31 pm

Hiru

24 Re: Too fast ...kills Tue Sep 11, 2012 7:43 pm

Slstock

25 Re: Too fast ...kills Tue Sep 11, 2012 8:01 pm

Hiru

26 Re: Too fast ...kills

Sponsored content

New topics