HOW TO RECOVER FROM PRESENT MARKET

Eugine Fernando · 1 HOW TO RECOVER FROM PRESENT MARKET Thu Jan 05, 2017 1:56 pm

Eugine Fernando

Senior Manager - Equity Analytics

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Join date : 2016-08-24
Age : 71
Location : Negombo

When I came in to the market my Broker advised me to invest 70% on long term shares and 30% on short term., but today my losses are much higher on long term investment than short term shares., so now I am thinking to sale part of my long term shares and go for quick recovery shares.,
Ex: I wanted to sell 1000 JKH @ 140/= and go for 100,000 CSF @ 1/30, I believe I can sell CSF @ 1/50 in a short period of time and make 20,000/= recovery, to make this recovery with JKH I will have to wait till it move to 160/= it will take long a period with this market movement.
Experts if I am wrong please correct me. Thanks.

jayathu · 2 Re: HOW TO RECOVER FROM PRESENT MARKET Thu Jan 05, 2017 2:34 pm

jayathu

Assistant Vice President - Equity Analytics

Posts : 949
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Join date : 2014-03-02

U're rite that in this current market sentiment JKH reaching 160 level i Dont not see it but CSF reaching 1.50 i can see cause its a speculated driven share.

Other side of the view is that i can see CSF reaching 1.10-1 mark current market situation but JKH wont go down below 130 mark fr sure. So with JKH u can play it safe n minimize your losses.

Anyway im not a expert but that's my view on theory.