Dont panic market will green tommorow

ShareShares · 21 Re: Dont panic market will green tommorow Thu Mar 03, 2011 11:46 pm

ShareShares

Assistant Vice President - Equity Analytics

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npp wrote:

$$$ wrote:Don't lose sleep nothing to worry....I have got a few losses as well....it will bounce back

those words really help mate. pls post the same tomo night if it dusnt bounce back

I am in for more mid-long term and wasnt bothered about the daily ups n down till today.
I have been through a couple of same phases bt i cant convince myself

portfolio went down by around 5% today and more into red. helped massively by SEYB

There was no evidence of a correction, correction to occur most of the liquid shares have not gone up yet, JKH COMB etc are yet to perform, it is mainly panic selling, there were some large scale crossings in COMB and SAMP, some large scale funds create a panic situation to collect large quantity of liquid shares at a low level. When the retailers panic there are large scale crossings going on. This is an interesting situation to observe. I will not panic sell if at all collect some if possible when the market is low.

$$$ · 22 Re: Dont panic market will green tommorow Fri Mar 04, 2011 12:08 am

$$$

Senior Manager - Equity Analytics

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NPP lol ...it's a fact .....this is not a time when the CSE will decline day after day....it will pick up and move on like the last couple of months....Heck quarters are good.... country is on a firm footing.....there a few external factors but CSE will bounce back mate....what you shouldnt do is panic sell and after a few days realsie that the shares you sold have appreciated...patience is key

Monster · 23 Re: Dont panic market will green tommorow Fri Mar 04, 2011 12:16 am

Monster

Senior Vice President - Equity Analytics

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It's too early to predict but market can go further down if credit clearance is triggering by the brokers. If you have holding power, hold it. No need to panic. I am not going to purchase even if the market goes down further tomorrow. I will be waiting till next week. I don't think market will go down like it went in Oct and Nov.

smallville · 24 Re: Dont panic market will green tommorow Fri Mar 04, 2011 8:16 am

smallville

Associate Director - Equity Analytics

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Only worry is by the time this bounces back, we may have lost a lot of oppertnities to collect the best shares at a discount due to low margin/cash.
Its good to watch couple of days, and also the movement of the day before entering again as market can go down within mins and recover within another few mins...

tubal · 25 Re: Dont panic market will green tommorow Fri Mar 04, 2011 8:45 am

tubal

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There is 160 shares trading below the February 3 price. Only 60 shares are above the February 3 price.

Soundchips · 26 Re: Dont panic market will green tommorow Fri Mar 04, 2011 8:51 am

Soundchips

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tubal wrote:There is 160 shares trading below the February 3 price. Only 60 shares are above the February 3 price.

Exactly, Good opportunity to collect blue chips at a discount rate. These low levels may not remain low for long. Union bank refunds are also due to come back to the market, on the other hand most of the PLCs have made profits.

madu1977 · 27 Re: Dont panic market will green tommorow Fri Mar 04, 2011 8:58 pm

madu1977

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what i predicted was 100% correct ..........market green ..green...almost 8 billion turnover ......good time on the card

ShareShares · 28 Re: Dont panic market will green tommorow Fri Mar 04, 2011 9:37 pm

ShareShares

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ShareShares wrote:

npp wrote:

$$$ wrote:Don't lose sleep nothing to worry....I have got a few losses as well....it will bounce back

those words really help mate. pls post the same tomo night if it dusnt bounce back

I am in for more mid-long term and wasnt bothered about the daily ups n down till today.
I have been through a couple of same phases bt i cant convince myself

portfolio went down by around 5% today and more into red. helped massively by SEYB

There was no evidence of a correction, correction to occur most of the liquid shares have not gone up yet, JKH COMB etc are yet to perform, it is mainly panic selling, there were some large scale crossings in COMB and SAMP, some large scale funds create a panic situation to collect large quantity of liquid shares at a low level. When the retailers panic there are large scale crossings going on. This is an interesting situation to observe. I will not panic sell if at all collect some if possible when the market is low.

Unfortunatly some panicked and sold good shares on thursday .