Big players drag market down to collect @ bargain and they will start to selling those for us again. So ASI will start to run again 6300 or even more.
Who knows???
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September has been one of the best months historically - foreign fund activity esp - my advice is to sell today, buy in 2 weekssandunj wrote:Are we ahead of another "Super September"(S.S.) ?
Big players drag market down to collect @ bargain and they will start to selling those for us again. So ASI will start to run again 6300 or even more.
Who knows???
Interesting...Balanced_Views wrote:September has been one of the best months historically - foreign fund activity esp - my advice is to sell today, buy in 2 weekssandunj wrote:Are we ahead of another "Super September"(S.S.) ?
Big players drag market down to collect @ bargain and they will start to selling those for us again. So ASI will start to run again 6300 or even more.
Who knows???
From mid Sept to Mid Dec will be a better period for the CSE
But the next 2 weeks wont be good at all - SELL
You may correct,D.G.Dayaratne wrote:I think" Authorities" may not allow super September this time.
Because if foreigners start selling BOP problem may arise
The above statement not based on facts .
Only my opinion considering performance of SL stock market after 2009
So we will have a penny rally or some popular stocks rally. Shall we?D.G.Dayaratne wrote:I think" Authorities" may not allow super September this time.
Because if foreigners start selling BOP problem may arise
The above statement not based on facts .
Only my opinion considering performance of SL stock market after 2009
Yes, 100% agree.slstock wrote:SOmeone sometime ago said market was behaving unusual. Except for few counters I felt it was behaving naturally at that time except for chain effect to drag the good and the bad when index falls on correction of the big culprits.
Right now , I think the same thing applies but I am agreeing that it looks unusual with some deliberate pushing first and then dragging down of some counters effecting the overall market mentality.
Where is small investors getting wiped out. Share which reported positive earning last quarter is sold cheap too.
The play with CTC , NEST specially is ruthless. Even today market jumped from 0.9% loss to 0.2% becuase odd lot of NEST and CTC was bought .
If authorities want more foreign attraction and investor confidence , time to do something . The present market behavior is very pathetic to say the least. Can we expect a turnaround soon? Hm..
Cycles is one thing but unethical play is another.
Small investors are again tested to leave the market.
On the positive side, who know what a few well directed news items can do to the market. Letting it fall below 5800 is not a good thing.
It's not a hard thing to do.Just track down the few trades of CTC,NEST.hariesha wrote:Yes, 100% agree.slstock wrote:SOmeone sometime ago said market was behaving unusual. Except for few counters I felt it was behaving naturally at that time except for chain effect to drag the good and the bad when index falls on correction of the big culprits.
Right now , I think the same thing applies but I am agreeing that it looks unusual with some deliberate pushing first and then dragging down of some counters effecting the overall market mentality.
Where is small investors getting wiped out. Share which reported positive earning last quarter is sold cheap too.
The play with CTC , NEST specially is ruthless. Even today market jumped from 0.9% loss to 0.2% becuase odd lot of NEST and CTC was bought .
If authorities want more foreign attraction and investor confidence , time to do something . The present market behavior is very pathetic to say the least. Can we expect a turnaround soon? Hm..
Cycles is one thing but unethical play is another.
Small investors are again tested to leave the market.
On the positive side, who know what a few well directed news items can do to the market. Letting it fall below 5800 is not a good thing.
Last edited by D.G.Dayaratne on Tue Aug 27, 2013 6:06 pm; edited 1 time in total (Reason for editing : to add more)
celtic tiger wrote:this year it's not super September,SUPER NOVEMBER!!
why??
CHOGM and election results and budget.
Doubts becoming true??sandunj wrote:Are we ahead of another "Super September"(S.S.) ?
Big players drag market down to collect @ bargain and they will start to selling those for us again. So ASI will start to run again 6300 or even more.
Who knows???
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