Unbelievable market behavior

dudi · 1 Unbelievable market behavior Wed Aug 21, 2013 6:42 pm

dudi

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looks like a downward trend has set in.could be a deep fall.where will the bottom going to be?

mark · 2 Re: Unbelievable market behavior Wed Aug 21, 2013 6:54 pm

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dudi wrote:looks like a downward trend has set in.could be a deep fall.where will the bottom going to be?

You and other retailers panic is the exactly what players need.

cheers!

BullandBear · 3 Re: Unbelievable market behavior Wed Aug 21, 2013 7:30 pm

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Downward spiral of the ASPI was 'mostly' due to decline on NEST.N & CTC.N (apart from JKH.N)

NEST.N drop was affected by only 778 shares traded today, total of Rs. 1,839,631/-
CTC.N was for only 907 shares traded, total of Rs. 1,204,833/-

Those counters were taking the market to oversold position since their rise (13th Aug onwards), now market corrected perhaps?

LSE · 4 Re: Unbelievable market behavior Thu Aug 22, 2013 10:21 am

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dudi wrote:looks like a downward trend has set in.could be a deep fall.where will the bottom going to be?

Don't panic at this stage... ASPI depends on high caps and easily can manipulate at the current situation...

D.G.Dayaratne · 5 Re: Unbelievable market behavior Thu Aug 22, 2013 10:45 am

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There is no economic or any other reason for a deep fall.

But people do not believe govt statistics specially reports issued by Central
Bank. Because it is highly politicize now.
People think exact opposite of What Central Bank says is correct.
The central bank loos its credibility under whom ?

Govt do not understand correct position. Why?

bullrun · 6 Re: Unbelievable market behavior Thu Aug 22, 2013 5:40 pm

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D.G.Dayaratne wrote:There is no economic or any other reason for a deep fall.

But people do not believe govt statistics specially reports issued by Central
Bank. Because it is highly politicize now.
People think exact opposite of What Central Bank says is correct.
The central bank loos its credibility under whom ?

Govt do not understand correct position. Why?

Foreigners do not read bullshits. That is why they do buy continuously.

wiser · 7 Re: Unbelievable market behavior Thu Aug 22, 2013 10:19 pm

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hey guys. Convert your portfolio 100% cash. Coming colours not good. Technically weak.

wiser · 8 Re: Unbelievable market behavior Fri Aug 23, 2013 9:27 am

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It is really small hope u can keep about up trend.

NUINTH · 9 Re: Unbelievable market behavior Fri Aug 23, 2013 10:17 am

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I think better keep an eye with future wining stocks with good management, good business model and dividend. Look foreign buying & stocks everyday. Ex. Most banks, TJL, AEL.

One day I heard from one of my lecturer, human will not stop spending their basic needs like food & beverages, buildings (homes), energy or power, clothing etc. Then those sectors will run forever.

Other hand, why these investors throwing their money for build different class hotel and tourist city ? are they mad ? future will give the answer.

Disclose : I'm holding TJL.

mark · 10 Re: Unbelievable market behavior Fri Aug 23, 2013 9:02 pm

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@Nuith- recently we went hayleys MGT. its a main competitor of Tjl. MGT can come to profits if they make some mgmt changes. Other than that MGT is capable of make gud results such like Tjl in coming years.

abt tjl- its a gd buy as per Div grwth model and DPS. less risky now due to consistent profits. buy and hold.
The all investors bought into this when it was at 9rs, now it getting less liquidity. So easy way up

wiki · 11 Re: Unbelievable market behavior Sat Aug 24, 2013 7:04 am

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D.G.Dayaratne wrote:There is no economic or any other reason for a deep fall.

But people do not believe govt statistics specially reports issued by Central
Bank. Because it is highly politicize now.
People think exact opposite of What Central Bank says is correct.
The central bank loos its credibility under whom ?

Govt do not understand correct position. Why?

CB report= weather report