CSE Tsunami continues...

Quibit · 1 CSE Tsunami continues... Wed Jan 20, 2016 12:04 pm

Quibit

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For the 13th straight day towards the South Pole. ASI 6000. Sad

Tide is not over but some already running naked!

CSE Tsunami continues... Image40

Last edited by Quibit on Wed Jan 20, 2016 12:22 pm; edited 1 time in total

VALUEPICK · 2 Re: CSE Tsunami continues... Wed Jan 20, 2016 12:16 pm

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Quibit wrote:For the 13th straight day towards the South Pole. ASI 6000.

Tide is not over but some already running naked!

My target is around 6300. That means 6200 to 6400. By the end of this month it should go back to 6500.We have to target some individual stocks like 2015.

Quibit · 3 Re: CSE Tsunami continues... Wed Jan 20, 2016 12:19 pm

Quibit

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VALUEPICK wrote:

Quibit wrote:For the 13th straight day towards the South Pole. ASI 6000.

Tide is not over but some already running naked!

My target is around 6300. That means 6200 to 6400. By the end of this month it should go back to 6500.We have to target some individual stocks like 2015.

I believe the bad news is yet to come. Local Govertment election is going to further unsettle the economy when current government try to please the public to show strength at the expense of the local economy. My expected turnaround is around 5900.

VALUEPICK · 4 Re: CSE Tsunami continues... Wed Jan 20, 2016 12:22 pm

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Intelligent investors will apply their own intelligent strategy globally and in Sri-Lanka in 2016. They will go against other crowds. They are looking for great businesses at a great bargain. Intelligent investors will become more intelligent after seeing activities of short term traders in global markets.

Last edited by VALUEPICK on Wed Jan 20, 2016 12:25 pm; edited 1 time in total

Quibit · 5 Re: CSE Tsunami continues... Wed Jan 20, 2016 12:24 pm

Quibit

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Market is having Rubber ball effect since October. Still the fall is greater than the gain.!

VALUEPICK · 6 Re: CSE Tsunami continues... Wed Jan 20, 2016 12:28 pm

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SEESAW PATTERN.

Then slow down of seesaw pattern.

1.Accumulation
2 up and down
3.UP...UP....UP
4. Next down! When?

After down again next cycle.

Intelligent investors and other sophisticated market participants will make use of these cycles to their benefit. They are masters of Art and Science.

Last edited by VALUEPICK on Wed Jan 20, 2016 12:43 pm; edited 1 time in total

Jeremy · 7 Re: CSE Tsunami continues... Wed Jan 20, 2016 12:40 pm

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Plantations, poultry and banking sector will crash further. Brokering companies are closing.. Margin calls... S&P SL 20 might be required to be scrapped.

VALUEPICK · 8 Re: CSE Tsunami continues... Wed Jan 20, 2016 12:58 pm

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Which banks will come down further and which banks will stay as rocks? I have kept following banks under my radar now. COMB, PMB, PLC,MBSL, HNB, SAMP, DFCC and NDB.

dsam · 9 Re: CSE Tsunami continues... Wed Jan 20, 2016 1:04 pm

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Thank you yahapanaya for the remarkable ''CHANGE" for CSE.

VALUEPICK · 10 Re: CSE Tsunami continues... Fri Jan 22, 2016 11:39 am

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There are two types of fear in the market

1. Fear of missing out when stocks go up (some are buying aggressively globally)
2. Fear of making losses when stocks go down( Even taxi drivers are forecasting index will crash globally)

D.G.Dayaratne · 11 Re: CSE Tsunami continues... Fri Jan 22, 2016 11:55 am

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If you have fundamentally sound shares no fere

at all in the long run

Quibit · 12 Re: CSE Tsunami continues... Wed Mar 02, 2016 11:04 am

Quibit

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Quibit wrote:

VALUEPICK wrote:

Quibit wrote:For the 13th straight day towards the South Pole. ASI 6000.

Tide is not over but some already running naked!

My target is around 6300. That means 6200 to 6400. By the end of this month it should go back to 6500.We have to target some individual stocks like 2015.

I believe the bad news is yet to come. Local Govertment election is going to further unsettle the economy when current government try to please the public to show strength at the expense of the local economy. My expected turnaround is around 5900.

It is continuing towards 5300. Sad