What is the signal market is giving

soileconomy · 1 What is the signal market is giving Wed Nov 30, 2011 11:00 pm

soileconomy

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The darling in CSE , JKH is going down (The most popular stock among Foreigners )
While other so called junk stocks are moving up .
Similar pattern is witnessed in sound stocks like DFCC , NDB , HNB , COMB , DIST even though those are carrying attractive PER and PEG ratios.
with the expected removal of price band some under performing stocks are moving up with the heavy retail participation.
This will lead to further drop in medium term .
What can you say , please share your valuable ideas...

laki · 2 Re: What is the signal market is giving Wed Nov 30, 2011 11:24 pm

laki

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don't worry brother friday you can see what will be happened... ok let see market will reach 7000+ level

soileconomy · 3 Re: What is the signal market is giving Thu Dec 01, 2011 5:06 am

soileconomy

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Dear Laki.
Your point is taken.But I think it will be for a short time.Once we play with borrowed money and finish it market will come down again.
In the long run we need to focus more on fundamentally sound stocks.
Ten only we all can survive.I agree there may be short term trading opportunities.But this will create more frustration in coming weeks and months.

laki · 4 Re: What is the signal market is giving Thu Dec 01, 2011 7:28 am

laki

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soileconomy wrote:Dear Laki.
Your point is taken.But I think it will be for a short time.Once we play with borrowed money and finish it market will come down again.
In the long run we need to focus more on fundamentally sound stocks.
Ten only we all can survive.I agree there may be short term trading opportunities.But this will create more frustration in coming weeks and months.

but you kno these days funda is not performing so we need to adpot with other spect.. Razz

Papillons · 5 Re: What is the signal market is giving Thu Dec 01, 2011 2:44 pm

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Stocks market is highly volatile. It seems that the speculators are more active in the market. This is good time for day traders. Day traders who knows the strategy well can earn gains. But the improvement in ASI is short-term and subject to volatility. Because, all the stocks which gained largely with heavy trading are not fundamentally sound. Value stocks such as JKH, DIST, AHUN, COMB, HNB etc. show drop in prices. However, when a market reach to a strong support level buyers are in line and ready to enter positions at these levels and hoping to buy the security at a better, lower price. So the time is now to enter to the market!