Dizzy Hights for ASPI

Lalindra · 1 Dizzy Hights for ASPI Fri May 17, 2013 11:40 am

Lalindra

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Did someone say it'll be a Super Friday?

Rapaport · 2 Re: Dizzy Hights for ASPI Fri May 17, 2013 1:21 pm

Rapaport

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Wait for the royal plunge! Retailers will have fire on thier back!

Cheers!

econ · 3 Re: Dizzy Hights for ASPI Fri May 17, 2013 2:32 pm

econ

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Rapaport wrote:Wait for the royal plunge! Retailers will have fire on thier back!

Cheers!

Now NEST is also moving up with 1 share trading . ASI is up by 100..
we can see a royal plunge in near future..

Slstock · 4 Re: Dizzy Hights for ASPI Sat May 18, 2013 2:35 am

Slstock

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The way the "game" is played this time, maybe we should not expect massive drops like past year ? There will be a drops but maybe not much panic.

FortuneMaker · 5 Re: Dizzy Hights for ASPI Sat May 18, 2013 1:45 pm

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At an average gain of 10 points a day the ASI can move 50 points per week or 200 per month. that would take this Index to 7000 in three months, which is end August 2013. If the interest rate cuts continue many retailers will move their funds into equity and there will be a greater turnover and more growth in the ASI. Central Bank target is to cut a further 200 basis points by 31 March 2014, in quarterly steps of 50 at a time. Banks will offer 11% maximum and that will not be sufficient to attract funds.
Investors can expect a continuous growth in their portfolio valuations only if they can withstand the sudden corrections and profit taking that will bring the ASI down for a day or two as it happened on Monday (13th) and Tuesday (14th may 2013)
If people can hold without selling on such days they will help themselves and every body else to protect their investments. If possible collect recommended shares on such days by investing new money. But do not sell what you are holding. That's what the foreigners are doing, and they are getting richer every day. The ASI would reach 8000 by 31 March 2014 if we can be patient without panic selling when a little red is showing on the boards.

Lalindra · 6 Re: Dizzy Hights for ASPI Sat May 18, 2013 4:32 pm

Lalindra

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Good analysis Fortunemaker and good thinking. This Bull is a cautious bull and if you invest with caution you still can make money on the long run. Key is how you react to those sudden fluctuations in the market to be expected in the coming days.