Market Rebound ?

xhora · 1 Market Rebound ? Wed May 04, 2011 2:41 pm

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At the last few minutes of trading MPI suddenly ended up on the green side gaining .21%. but ended up losing -.64% at the end of trading

API also rebounded to -.13% after losing almost -1% and closed at -.79%
What caused this wild swing?
Did the government funds comes in to the rescue?

More importantly will the momentum remains tomorrow?
what do you think?

MoneyMaker · 2 Re: Market Rebound ? Wed May 04, 2011 3:08 pm

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xhora wrote:At the last few minutes of trading MPI suddenly ended up on the green side gaining .21%. but ended up losing -.64% at the end of trading

API also rebounded to -.13% after losing almost -1% and closed at -.79%
What caused this wild swing?
Did the government funds comes in to the rescue?

More importantly will the momentum remains tomorrow?
what do you think?

I noticed the same and was wondering what happened in that short time span?

sasl · 3 Re: Market Rebound ? Wed May 04, 2011 3:15 pm

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It might be an action by market manupulators for window dressing purposes.

Last edited by sasl on Wed May 04, 2011 3:32 pm; edited 1 time in total

MoneyMaker · 4 Re: Market Rebound ? Wed May 04, 2011 3:20 pm

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sasl wrote:It might be an action by market manupulators.

For a 40% + change there would have been a big manipulation or a system error/bug

StocksWatch · 5 Re: Market Rebound ? Wed May 04, 2011 3:25 pm

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Not anymore!!!

ASI 7,213.33 (- 57.34) (- 0.79%)
MPI 6,691.33 (- 43.00) (- 0.64%)

raa · 6 Re: Market Rebound ? Wed May 04, 2011 3:28 pm

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Someone wanted to window dress the final market statistics. There was no end recovery whatsoever.

37 positive contributors, 168 negative contributors. That has been the situation the whole trading day today. Between 14.15 - 14.30, a few stocks went positive on very small trades which distorts the entire picture.

ISURU · 7 Re: Market Rebound ? Wed May 04, 2011 3:33 pm

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ASI

Attachments

ASI.png: You don't have permission to download attachments.; (20 Kb) Downloaded 13 times

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asigiriyage · 8 Re: Market Rebound ? Wed May 04, 2011 3:33 pm

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I think Sec going to change the rules

ISURU · 9 Re: Market Rebound ? Wed May 04, 2011 3:43 pm

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asigiriyage wrote:I think Sec going to change the rules

If it is so... Thanks God!!!!

upuldi · 10 Re: Market Rebound ? Wed May 04, 2011 3:59 pm

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asigiriyage wrote:I think Sec going to change the rules

anyway they are going to introduce new indexes to the CSE (which is good). Anyway i dont think it will going to happen very soon .... Very Happy

wikum100 · 11 Re: Market Rebound ? Wed May 04, 2011 9:53 pm

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ISURU wrote:

asigiriyage wrote:I think Sec going to change the rules

If it is so... Thanks God!!!!

they may change the rule of t+5 and may declare more holidays for cse sunny

ShareShares · 12 Re: Market Rebound ? Wed May 04, 2011 10:31 pm

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Then this stagnation might improve. !!

ONTHEMONEY · 13 Re: Market Rebound ? Wed May 04, 2011 10:34 pm

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Yea..

SEC might have a chance to lift the Price Band and change the T+5 rule under the current trends of the market.

As SEC chairman correctly told in an interview with Channel 1 "the market reacts very positively after the war and the corporates are supporting the push with unbelievable results"

In my view the domestic retailers act extremely in a panic sense caused high dips in the indices.

The foreigners and the corporates take intense advantage over such behavior of the market.

The market is Over Sold..anyone found best performing counters,sectors in current market context?

Gud Luck

StocksWatch · 14 Re: Market Rebound ? Wed May 04, 2011 10:51 pm

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ONTHEMONEY wrote:The market is Over Sold..anyone found best performing counters,sectors in current market context?

Gud Luck

Relatively similar question was asked in one of the other forums by someone who lost his credibility. Any connection between these similar posts?

tubal · 15 Re: Market Rebound ? Wed May 04, 2011 11:17 pm

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StocksWatch wrote:

ONTHEMONEY wrote:The market is Over Sold..anyone found best performing counters,sectors in current market context?

Gud Luck

Relatively similar question was asked in one of the other forums by someone who lost his credibility. Any connection between these similar posts?

I have said often that this guy sounds like the mouthpiece of that infamous manipulator. I can spot at least three other accounts used by the same guy (or three other mouthpieces).

Light of Hope · 16 Re: Market Rebound ? Thu May 05, 2011 7:50 am

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raa wrote:Someone wanted to window dress the final market statistics. There was no end recovery whatsoever.

37 positive contributors, 168 negative contributors. That has been the situation the whole trading day today. Between 14.15 - 14.30, a few stocks went positive on very small trades which distorts the entire picture.

I noted the same, some stocks have one or two trades at the end way up to what it was trading. this is really setting up the retailer, convincing them market has rebound and to buy. Maybe some big fish needs to discard some more to the retailers.

the market is resisted by the retailors, it's abvious when you see the orderbooks and the trades. Guys think twice in this market condition, there's lot happening that most of us don't know (why they imposed a 5% limit for banks to fund the CSE), don't invest money unless you can hold for sometime.

Aamiable · 17 Re: Market Rebound ? Thu May 05, 2011 12:36 pm

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are the stocks like......... RCL,RICH ,TKYO ,DIAL,LGL, TWOD, LOLC,
CONN. CINV,GLAS,SAMP good at these prices...

Very Happy

SL.Market · 18 Re: Market Rebound ? Thu May 05, 2011 12:52 pm

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what a profit for the last two days buyer?... anyway as i said earlier...

"Take the benifit of any behavior of the market..."

Chears....

tubal · 19 Re: Market Rebound ? Thu May 05, 2011 6:24 pm

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SL.Market wrote:what a profit for the last two days buyer?... anyway as i said earlier...

"Take the benifit of any behavior of the market..."

Chears....

Just imagine the profit for someone who went short on the 28 or 29th, covered his positions on the 3rd and then bought long yesterday!
Too bad the brokers don't let you go short

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Market Rebound ?

1 Market Rebound ? Wed May 04, 2011 2:41 pm

xhora

2 Re: Market Rebound ? Wed May 04, 2011 3:08 pm

MoneyMaker

3 Re: Market Rebound ? Wed May 04, 2011 3:15 pm

sasl

4 Re: Market Rebound ? Wed May 04, 2011 3:20 pm

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5 Re: Market Rebound ? Wed May 04, 2011 3:25 pm

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6 Re: Market Rebound ? Wed May 04, 2011 3:28 pm

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7 Re: Market Rebound ? Wed May 04, 2011 3:33 pm

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8 Re: Market Rebound ? Wed May 04, 2011 3:33 pm

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9 Re: Market Rebound ? Wed May 04, 2011 3:43 pm

ISURU

10 Re: Market Rebound ? Wed May 04, 2011 3:59 pm

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11 Re: Market Rebound ? Wed May 04, 2011 9:53 pm

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12 Re: Market Rebound ? Wed May 04, 2011 10:31 pm

ShareShares

13 Re: Market Rebound ? Wed May 04, 2011 10:34 pm

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15 Re: Market Rebound ? Wed May 04, 2011 11:17 pm

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16 Re: Market Rebound ? Thu May 05, 2011 7:50 am

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