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Finally , Has the Bull Started Running !!!!

+13
ShareShares
Rajaraam
Gaja
mark
econ
player
UKboy
nkalansu
Tiger
duke
Suthar
JennyFunny
MJ
17 posters

Go down  Message [Page 1 of 1]

MJ


Manager - Equity Analytics
Manager - Equity Analytics

It was quite a bull run towards the end of day s trading, Could be a signal of what s going to come in the next few days.
MPI was up closer to 2% , which is always a sign of a solid market up trend,

SHL and EXPO starting to recover from what could be described as a disastrous debut. With Central Finance trying to gather pace before the sub division and JKH is looking to recover from the “Split Loss”

I m not optimistic, At least a hope can be kept on the market..with it s behavior during last two days. Let’s hope for the best !!!

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yea market was very bullish today..looks like the there are a few factors contributing to this...other than that any particular reason for CSE to be up today?..

Suthar

Suthar
Manager - Equity Analytics
Manager - Equity Analytics

As per Capitl Trust today is the last day to clear debts. If it's true we can expect some improvement soon.

Yesterday the market declined sharply for the second day in succession bringing it to an absurdly oversold status. Stocks are at absolute bargains but the vast majority of retail investors do not have money/margins to buy these. Well endowed high net worth players are having a gala time at the expense of hapless small retailers. It is simply robbing the poor to make the rich even richer, a case of Robin Hood in reverse. Authorities still are adopting a wait and see stance though some say that Central bank is going to act today. The GREG matter may probably be taken up at the SEC meeting today and we may know by Friday the outcome which of course may have a profound effect on the market. Monday’s TWOD case too would have a springboard effect on the secondary market.
Yesterday Softlogic Holdings fiasco taught the ambitious IPO launching companies that when they issue shares at a multiple of the fairly recently concluded private placement prices they will invariably have to face the music. It is also a good lesson to those who queue up to apply for IPO’s without waiting till the shares reach the secondary market. However Vallibel One where the private placement and the IPO was at the same price will take off from the current 30 level upwards.
We should remind everybody again that prudent investors should be entering the market at these relatively low levels to realize significant gains rather than wait till the shares are fairly priced.
The situation in the US is worsening with the S&P 500 index continuing to decline sharply. In Europe too, the indices are taking a nose dive as more and more European countries are facing grave economic problems

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Share price have come down but that doesn't mean they're at a bargain. Still most of them are not even fairly valued. They're overpriced. Just because the prices have come down doesn't mean they have to go up to the old levels.

The indexes were declining during the day but went up at the end absurdly high.

Tiger

Tiger
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Suthar wrote:As per Capitl Trust today is the last day to clear debts. If it's true we can expect some improvement soon.

Yesterday the market declined sharply for the second day in succession bringing it to an absurdly oversold status. Stocks are at absolute bargains but the vast majority of retail investors do not have money/margins to buy these. Well endowed high net worth players are having a gala time at the expense of hapless small retailers. It is simply robbing the poor to make the rich even richer, a case of Robin Hood in reverse. Authorities still are adopting a wait and see stance though some say that Central bank is going to act today. The GREG matter may probably be taken up at the SEC meeting today and we may know by Friday the outcome which of course may have a profound effect on the market. Monday’s TWOD case too would have a springboard effect on the secondary market.
Yesterday Softlogic Holdings fiasco taught the ambitious IPO launching companies that when they issue shares at a multiple of the fairly recently concluded private placement prices they will invariably have to face the music. It is also a good lesson to those who queue up to apply for IPO’s without waiting till the shares reach the secondary market. However Vallibel One where the private placement and the IPO was at the same price will take off from the current 30 level upwards.
We should remind everybody again that prudent investors should be entering the market at these relatively low levels to realize significant gains rather than wait till the shares are fairly priced.
The situation in the US is worsening with the S&P 500 index continuing to decline sharply. In Europe too, the indices are taking a nose dive as more and more European countries are facing grave economic problems

Not a good piece of news article from a Broker Firm. I have seen many advises by CT in the past with the same "earning a quick buck" mentality.

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

MJ wrote:It was quite a bull run towards the end of day s trading, Could be a signal of what s going to come in the next few days.
MPI was up closer to 2% , which is always a sign of a solid market up trend,

SHL and EXPO starting to recover from what could be described as a disastrous debut. With Central Finance trying to gather pace before the sub division and JKH is looking to recover from the “Split Loss”

I m not optimistic, At least a hope can be kept on the market..with it s behavior during last two days. Let’s hope for the best !!!

We should monitor the situation couple of days more. Since month end debt clearing is just around the corner.
However it is a good sign that market was up for the last two days.

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Yepiee somehow Market is up.
Lets start donating hard earned money to billionaires
Eventually I hope we can blame the regulators again.

Tiger

Tiger
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Well said UKboy.

player

player
Moderator
Moderator

wts da hell,**********
TO below 2Bn,ASI up by 61 Shocked
MPI up by 120 Shocked Shocked

wtz happened in last seconds scratch
tell me anyone got green counters Question

this is not expecting bull run,bull run should be applied for all counters,but....... Crying or Very sad

econ

econ
Global Moderator

no reason to up. may be some foreign buying on selected counters like expo,shl,jkh..

player

player
Moderator
Moderator

econ wrote:no reason to up. may be some foreign buying on selected counters like expo,shl,jkh..

thanks,yes only targeted counters gained. Very Happy

mark

mark
Expert
Expert

i think not yet.... Neutral
less volumes and TO, Rolling Eyes

Finally , Has the Bull Started Running !!!! D_X_20_20



Last edited by mark on Fri Jul 15, 2011 8:26 pm; edited 1 time in total

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

MPI was up mainly due to JKH, SPENCE & COMMERCIAL BANK VOTTING, if they able not able to keep the prices at this level again you know what will happen? - Think the JKH is down by 5 to 10 no next week?

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

econ wrote:no reason to up. may be some foreign buying on selected counters like expo,shl,jkh..

No econ, 103 counters up and another 103 counters down while 37 counters unchanged. We cant say only the price of some selected counters was up. Today I noted some positive signs of the market.

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Rajaraam wrote:
econ wrote:no reason to up. may be some foreign buying on selected counters like expo,shl,jkh..

No econ, 103 counters up and another 103 counters down while 37 counters unchanged. We cant say only the price of some selected counters was up. Today I noted some positive signs of the market.

Most probably there was an overall improvement, similar pattern was seen on Wednesday as well. Probably, Monday also investors can expect an overall improvement. Some stocks do well on some days other stocks are prominent on some other days that is the nature of a stock exchange. There will be few red days and again several green days. Overall market is recovering.

bettersrilanka

bettersrilanka
Manager - Equity Analytics
Manager - Equity Analytics

this is a green sign, next week will be better.but we have to monitor it.by the way today I saw some multimillion trades on SEMB.N0000 (@2.40)
withing few minutes.is there any news about it??

Question Question

http://lankafunpicture.blogspot.com

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

yea lets see what happens on monday..

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@UKboy well said..ha ha

pushpakumara


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Hope market will sustain momentum next week as well.

Thor


Senior Equity Analytic
Senior Equity Analytic

Yes...let's sincerely hope so!

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

yea fingers crossed for monday..

xmart

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

the end of the bear market will make multi-year bull market, since CSE is not a matured market, we have lot of spaces behind the CSE. 2009-2010 bull trend is like a crazy devil. it made everything bullish. after 2 year bull trend, now we are in a bear market which is consolidating its base to attractive PE. future outlook of most of listed companies are positive. in 2015, everyone of you may increase your capital by 2-5 times, but wise traders and investors may earn 100x of capital.
as my humble guess, market is still finding its base in this bear market.
remember, in bull markets there are time to time pull backs. likewise, in bear market we may have time to time bull trends when support lines are touched. but overall market is bearish.

* this is purely based on my personal view, but not to change anyone trading or investing objectives- further i like if people buy shares, because it may push to Capitulation*

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

duke wrote:Share price have come down but that doesn't mean they're at a bargain. Still most of them are not even fairly valued. They're overpriced. Just because the prices have come down doesn't mean they have to go up to the old levels.

The indexes were declining during the day but went up at the end absurdly high.

Two people have given - reps for this post.
Those two intelligent guys please tell me whats wrong with this post? Where you can see he tells something stupid?

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

good analysis..above..Smile

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