We are going too much fast

please give your comments.

ALSO THAT'S WHAT MY FEELING

world is going to end by December, before that we have to touch 8000......

I don't think momentum will grow. JKH, AHPL,KHL going to start downtrend

Quenching an extreme thirst after a long walk in the dessert .. So does the market .. This run is unstoppable .. !

stockback wrote:please give your comments.

One reason is we went down too fast and was stuck there for too long. But there's nothing to panic, there may be a correction sooner or later but the upward trend is now established.

index is not depend only on those from many.........

sapumal wrote:I don't think momentum will grow. JKH, AHPL,KHL going to start downtrend

Even though the index is racing upward very fast, I think most of the counters are showing a (comparatively) slow movement. The index is probably affected by a couple of shares which sort of makes it useless.

Anyway, overall I'm clue less at this point as to where we're headed

Cheers!

anubis wrote:Even though the index is racing upward very fast, I think most of the counters are showing a (comparatively) slow movement. The index is probably affected by a couple of shares which sort of makes it useless.

Cheers!

correct bro...
and the other reason may be, today is friday. normally our market is bit too hot on friday comparing to other days ,not only up trend even in the down trend...

ya most of the counters are still hovering in the same area. only few are going up.big counters....hmmmmmmmmmmmmmm.......
if its a overall up.then its healthy...

Speed Thrills (sometime Kills also) !
There is a saying in Sinhala " යක්කුන්ට බය නම් සොහොනේ ගෙවල් හදන්න එපා ".
Good Luck.

October 1 - 15 market should go down.(bcz reports pressure)
if we going too fast. if we unable to break the next resistance level. then market go down.
my point is if down turn start before October market in bit trouble.
i can see plenty off panic sellers are here.
and also they are buying stocks using credits if brokers are push them they will sell stocks. then selling pressure will kill the market.

maybe i am totally wrong.

There are things we can change, there are things we cannot change even though we would love to, Also there are things we cannot even imagine to change.

Whatever the situation is, make sure to grab a slice. If you don’t, someone else would grab it and all you can do is, start moaning (again).

You have to be a survivor. That should your bottom line.

I have been in this market for 11 years and same as I don’t blame SEC, I don’t blame manipulators. Yea there are times I got frustrated but I’m not in a position to change it.

End of the day it’s your money and you have to look after it.

UKboy wrote:There are things we can change, there are things we cannot change even though we would love to, Also there are things we cannot even imagine to change.
Whatever the situation is, make sure to grab a slice. If you don’t, someone else would grab it and all you can do is, start moaning (again).
You have to be a survivor. That should your bottom line.
I have been in this market for 11 years and same as I don’t blame SEC, I don’t blame manipulators. Yea there are times I got frustrated but I’m not in a position to change it.
End of the day it’s your money and you have to look after it.

Well Said.
(Though I am new to here, I totally agree with you. We are here to make more Money than Moan. So get on with it when the Sun starts to shine )

@UKboy: Couldn't agree more.

Cheers!

Market appears to be too much fast but never it was. however i love the advice of ukboy. thanks for your thoughts. market should gain as it was depreciated past couple of years. there will be highs and lows but as countries move on markets also should run.

UKboy wrote:There are things we can change, there are things we cannot change even though we would love to, Also there are things we cannot even imagine to change.

Whatever the situation is, make sure to grab a slice. If you don’t, someone else would grab it and all you can do is, start moaning (again).

You have to be a survivor. That should your bottom line.

I have been in this market for 11 years and same as I don’t blame SEC, I don’t blame manipulators. Yea there are times I got frustrated but I’m not in a position to change it.

End of the day it’s your money and you have to look after it.

With 11 years f experience you would have seen many down and uptrend. So finally what do u think? My years f experience as not same as u. But I feel early stage was a symptom of manipulation, now it seems fundamental driven, every1 planning to join rally rather waiting more. I thk if econmic factors turn around within 3 months we cant stop this rally. Only negative news can turn around this mkt...

It is normal in CSE... there is no market like in CSE..

I'd like to see the massive profits and impressive results of the booming economy running on bond after bond. What would happen then.
http://forum.srilankaequity.com/t22461-plantations-including-conglomerates

stockback wrote:please give your comments.

Use this opportunity, and try to earn some quick bucks.... and Exit..... If u hold, u will be get cought.

This a good trading opportunity....

Jana1 wrote:
With 11 years f experience you would have seen many down and uptrend. So finally what do u think? My years f experience as not same as u. But I feel early stage was a symptom of manipulation, now it seems fundamental driven, every1 planning to join rally rather waiting more. I thk if econmic factors turn around within 3 months we cant stop this rally. Only negative news can turn around this mkt...

I would run naked in Pettah high street if someone prove me that this run purely because market was over corrected. Hell no..! Even though some counters (LOLC, KAPI, GRAN, ACL etc) were severely over corrected, as a one unit, our market was not far from where it should be.
In 2001 market PE was below 5.0..!! (Ok there was a war).

Someone can argue that KAPI did not make any money but for Rs 15, I must say it was over corrected.

Regarding the market , Well..... Jana1 you know it's not nice to tell what I feel at the moment. Many people still holding some unrealise losses. Let me give you one hint. I have not sold anything I bought 2 weeks before. (eventhough all looking shiny Green)

But I have not bought anything last week or this week except one speculative counter (not GREG).

Chanuque wrote:Quenching an extreme thirst after a long walk in the dessert .. So does the market .. This run is unstoppable .. !

exactly,this is my feeling too.

people were waiting too long, for no reason.

Two big idoits have gone, Mrs.Sugathadasa, and Mr.Tilak K.

The man in charge is at least 50% fit guy who understand the market

Now time to dance..

UKboy wrote:

Jana1 wrote:
With 11 years f experience you would have seen many down and uptrend. So finally what do u think? My years f experience as not same as u. But I feel early stage was a symptom of manipulation, now it seems fundamental driven, every1 planning to join rally rather waiting more. I thk if econmic factors turn around within 3 months we cant stop this rally. Only negative news can turn around this mkt...

I would run naked in Pettah high street if someone prove me that this run purely because market was over corrected. Hell no..! Even though some counters (LOLC, KAPI, GRAN, ACL etc) were severely over corrected, as a one unit, our market was not far from where it should be.
In 2001 market PE was below 5.0..!! (Ok there was a war).

Someone can argue that KAPI did not make any money but for Rs 15, I must say it was over corrected.

Regarding the market , Well..... Jana1 you know it's not nice to tell what I feel at the moment. Many people still holding some unrealise losses. Let me give you one hint. I have not sold anything I bought 2 weeks before. (eventhough all looking shiny Green)

But I have not bought anything last week or this week except one speculative counter (not GREG).

Well said man.Who talked about market manipulated up and barriers and resistance are now vanished and bull are ruling.Nothing wrong with market yet. Fundamental shares going up with foreign buying.There's long way to go.Crap and speculative shares haven't moved much yet.There's no dumping yet.When they start to run and dumped( trading high volumes with higher price level) will give the first signal of the end of bull run.So long way to go. Do you think our local players will watch fundamental shares go up and then wait till they fall to dump their shares? No.We have long way to go.

sahan8896 wrote:

UKboy wrote:

Jana1 wrote:
With 11 years f experience you would have seen many down and uptrend. So finally what do u think? My years f experience as not same as u. But I feel early stage was a symptom of manipulation, now it seems fundamental driven, every1 planning to join rally rather waiting more. I thk if econmic factors turn around within 3 months we cant stop this rally. Only negative news can turn around this mkt...

I would run naked in Pettah high street if someone prove me that this run purely because market was over corrected. Hell no..! Even though some counters (LOLC, KAPI, GRAN, ACL etc) were severely over corrected, as a one unit, our market was not far from where it should be.
In 2001 market PE was below 5.0..!! (Ok there was a war).

Someone can argue that KAPI did not make any money but for Rs 15, I must say it was over corrected.

Regarding the market , Well..... Jana1 you know it's not nice to tell what I feel at the moment. Many people still holding some unrealise losses. Let me give you one hint. I have not sold anything I bought 2 weeks before. (eventhough all looking shiny Green)

But I have not bought anything last week or this week except one speculative counter (not GREG).

Well said man.Who talked about market manipulated up and barriers and resistance are now vanished and bull are ruling.Nothing wrong with market yet. Fundamental shares going up with foreign buying.There's long way to go.Crap and speculative shares haven't moved much yet.There's no dumping yet.When they start to run and dumped( trading high volumes with higher price level) will give the first signal of the end of bull run.So long way to go. Do you think our local players will watch fundamental shares go up and then wait till they fall to dump their shares? No.We have long way to go.

Yes we have to long way to go, still some are trying to bring forward the hasty criticisms to the CSE.

FBR

@sahan, fbr: I feel you might have misunderstood UKBoy's position. Re-read his post...

Cheers!