CSE needs manipulators

* Days of making easy money over
December 13, 2011, 9:50 pm

Sri Lankan investors in the Colombo Stock Exchange should not worry about market manipulators but develop their own trading plan and system, Bartleet Religare Securities said.

"Markets (Human emotions) love to blame everyone else for their losses and wrong doings. The markets favourite villain is the so called ‘Manipulator clique’ that were present in the markets a few months ago.
During the boom of 2009 – 2010 these ‘cliques’ helped the market generate enormous returns and everybody was happy and there was no blame. When those very ‘cliques’ started to unload stocks they were blamed for ruining everything.

"At present as the ‘cliques’ seem to have disappeared from the market, they are blamed again," the brokering firm said in a recent report earlier this week.

"Sri Lanka should realize that the so called manipulator in the market is responsible for the movement and without them there would not be a stock market to trade in. The market needs them and the markets must learn not to blame them.

"Investors do not need to worry about them but learn to develop their own trading plan and system for trading. The days of easy money are over its time to work hard for your money.

"Technically the market seems to be heading down towards 5,800 and traders should keep a close eye on their positions and ensure that they are not risking too much in the hope of the anticipated rally," Bartleet Religare said.

http://island.lk/index.php?page_cat=article-details&page=article-details&code_title=41136

"Bartleet Religare Securities" member of the Colombo Stock Exchange which is a member of the International Federation of Stock Exchanges says market manipulation is OK and they need market manipulators.

personally I have very little or no respect towards these broker huts.

However there is a great truth behind this bartleet comment.

But they should have told it in a different way. I dont think any of the broker huts can say "CSE needs manipulators". I seriously would like to think the newspaper reporter done a mistake in this title.

I would like to thank Bartleet Securities for educating our retailers about this truth. yes, During the boom of 2009 – 2010 these ‘cliques’ helped the market generate enormous returns and everybody was happy and there was no blame.

It is correct. We required manipulators and same as investors. Has to be a mix.

Appuhamy wrote:
I would like to thank Bartleet Securities for educating our retailers about this truth. yes, During the boom of 2009 – 2010 these ‘cliques’ helped the market generate enormous returns and everybody was happy and there was no blame.

So the 2009, 2010 boom was not because of the end of the war, growth of the country. It was because of the manipulators pumping up the market?
When somebody sells at manipulated price for profit somebody has to buy. So who are the losers?

anyway, it seems all regulatory changes and brilliant advices are all too little too late, and the "market doctors" are trying to revive a dead body. we may just be living in a fool's dream. (oh i hope i am wrong).

zenobia wrote:anyway, it seems all regulatory changes and brilliant advices are all too little too late, and the "market doctors" are trying to revive a dead body. we may just be living in a fool's dream. (oh i hope i am wrong).

What's wrong with the current market? It hasn't crashed or anything. Just because some big players and retailers are stuck with expensive shares or junk doesn't mean there's anything wrong with the share market. What is wrong with it, is the all expecting impossible massive profits. Markets go up for years. Market goes down for years. That's the nature.

@ ai, whenever someone sells at a price for profit somebody has to buy. It is not a matter of manipulation. We have to be tactful not to get caught.

@aj. this traditional way of investing is not suitable for the CSE. We should be ale to get profits whether it is manipulated or not. we have to be really smart.

Appuhamy wrote:
@aj. this traditional way of investing is not suitable for the CSE. We should be ale to get profits whether it is manipulated or not. we have to be really smart.

But Appuhamy who is the loser? The foreign funds? Big investors? No sir. It's your poor people and your pension fund. You cannot says it's there decision. That's why you have SEC, Police, CID. Catching the crooks is their business. It's a never ending thing. But as a civilized society we try to catch the crooks.
Just because drug business is a lucrative market doesn't mean we should allow that. Do we?

If one will win one will loose ..You have to know the correct point to enter and return.

Yes.. market is not crash.. But due to no growth in the market pepole must be moving to different dirrections.

All the pepole wont the profits..

As a day trader I have taken good profits from both manipulated and non-manipulated counters. I had never got caught. It depends on your ability and experience. Otherwise I would have suffered throughout our investment life blaming others who really successful in CSE.

yes manula agree with you. We have to know the correct point to enter and return.

aj wrote:

Appuhamy wrote:
I would like to thank Bartleet Securities for educating our retailers about this truth. yes, During the boom of 2009 – 2010 these ‘cliques’ helped the market generate enormous returns and everybody was happy and there was no blame.

So the 2009, 2010 boom was not because of the end of the war, growth of the country. It was because of the manipulators pumping up the market?
When somebody sells at manipulated price for profit somebody has to buy. So who are the losers?

After the war or during the war everyone knew how much money came in and went out from the country.
Black made as white.
Pump and dump helped every aspect.
Couldn't understand then we are lacking common sense.

aj wrote:

Appuhamy wrote:
I would like to thank Bartleet Securities for educating our retailers about this truth. yes, During the boom of 2009 – 2010 these ‘cliques’ helped the market generate enormous returns and everybody was happy and there was no blame.

So the 2009, 2010 boom was not because of the end of the war, growth of the country. It was because of the manipulators pumping up the market?
When somebody sells at manipulated price for profit somebody has to buy. So who are the losers?

That the way market goes.. Some one will win and some one will loose. All cannot win in same time. If you know how to play in correct field you dont have to worry. losers has to be thier other wise no winners
After 2009,2010 market gorwth due to end of the war and same time manipulators make contribution to some junk shares interest to play.

manula wrote:

aj wrote:

Appuhamy wrote:
I would like to thank Bartleet Securities for educating our retailers about this truth. yes, During the boom of 2009 – 2010 these ‘cliques’ helped the market generate enormous returns and everybody was happy and there was no blame.

So the 2009, 2010 boom was not because of the end of the war, growth of the country. It was because of the manipulators pumping up the market?
When somebody sells at manipulated price for profit somebody has to buy. So who are the losers?

That the way market goes.. Some one will win and some one will loose. All cannot win in same time. If you know how to play in correct field you dont have to worry. losers has to be thier other wise no winners
After 2009,2010 market gorwth due to end of the war and same time manipulators make contribution to some junk shares interest to play.

Well said manula. Few ppl here talking nonsense. One guy is asking a funny question.He is asking"Whats wrong with the current market ? Just imagine.baba!

Rajaraam wrote:

manula wrote:

aj wrote:

Appuhamy wrote:
I would like to thank Bartleet Securities for educating our retailers about this truth. yes, During the boom of 2009 – 2010 these ‘cliques’ helped the market generate enormous returns and everybody was happy and there was no blame.

So the 2009, 2010 boom was not because of the end of the war, growth of the country. It was because of the manipulators pumping up the market?
When somebody sells at manipulated price for profit somebody has to buy. So who are the losers?

That the way market goes.. Some one will win and some one will loose. All cannot win in same time. If you know how to play in correct field you dont have to worry. losers has to be thier other wise no winners
After 2009,2010 market gorwth due to end of the war and same time manipulators make contribution to some junk shares interest to play.

Well said manula. Few ppl here talking nonsense. One guy is asking a funny question.He is asking"Whats wrong with the current market ? Just imagine.baba!

Why don't you people go to casino or horse betting? You people have made this a suudu pola.

There's nothing wrong with the stock market. It's trying to adjust its share prices to what it's really worth.

@insidetrader, are you sleeping..
There's nothing wrong with the stock market. It's trying to adjust its share prices to what it's really worth..

Forget about manipulating shares all the pepole are talking , are you saying fundamentally strong shares are in the correct valvue now

manula wrote:@insidetrader, are you sleeping..
There's nothing wrong with the stock market. It's trying to adjust its share prices to what it's really worth..

Forget about manipulating shares all pepole are talking , you are saying fundamentally strong shares are in the correct valvue now

Even there are more rooms for so called fundamental stocks to come down.
Wait and see is the best option.