Any positive news leakage for the market momentum

It seems some positive news on the card for the rise now. anyone smell anything?

Check your shoes

aj wrote:Check your shoes

looks very childish anwr

Looks like lack of knowledge about idioms.,Please dont carry on with this and enjoy the moment which happened to come after many many hectic months!!!

mra wrote:It seems some positive news on the card for the rise now. anyone smell anything?

What I think is that SEC response to credit rules will be positive. Otherwise they don't need to see details of the mechanism of monitoring documented. If they were to reject the credit proposal they wouldn't be wanting to see such details, rejection is a policy decision whereas implementation require more details.

This is just what I think.

ya mra. his answers are always childish. Just ignore such useless comment.

Tiger wrote:

mra wrote:It seems some positive news on the card for the rise now. anyone smell anything?

What I think is that SEC response to credit rules will be positive. Otherwise they don't need to see details of the mechanism of monitoring documented. If they were to reject the credit proposal they wouldn't be wanting to see such details, rejection is a policy decision whereas implementation require more details.

This is just what I think.

I too think so. if not 100 % demand @ least 65% possibilities are there to relex.
this is my feeling.

Good selling time for foreigners!

Yes mra, according to my advisor, probability is very high on relaxation of credit rules & removal of price bands on Monday.

All the junk are going up in leaps and bounds.
After this news, can anybody think of another good news we can create after next week? Now we can't talk about credit extensions.

Tiger wrote:

mra wrote:It seems some positive news on the card for the rise now. anyone smell anything?

What I think is that SEC response to credit rules will be positive. Otherwise they don't need to see details of the mechanism of monitoring documented. If they were to reject the credit proposal they wouldn't be wanting to see such details, rejection is a policy decision whereas implementation require more details.

This is just what I think.

...I TOO AGREE WITH YOU .......

Nothing can be said at this point of time & just looking at the sudden improvement of market performance, mind you its stil under 5950 levels it may be a trap for retail guys that institutional people may dumb their holdings by coming days & push the market to hell level once again,,
so let c how it moves atleast for a week & research for the information to find what is the hidden hand

Tiger wrote:

mra wrote:It seems some positive news on the card for the rise now. anyone smell anything?

What I think is that SEC response to credit rules will be positive. Otherwise they don't need to see details of the mechanism of monitoring documented. If they were to reject the credit proposal they wouldn't be wanting to see such details, rejection is a policy decision whereas implementation require more details.

This is just what I think.

Absolutely correct.

i think credit rules evacuation will help for the improvement of the market.As well as this will keep upon till Tuesday....happy trading.......As well as another story is going on which is EPF funds are going to add to the equity market.those reasons could be the things for this boom......happy trading.bye

I wonder if there would be any blood left to pump in the next week. Probably after the price band "good news" market would go down to the usual place.

one good sign is today turnover is some what encouraging

Only I can see the increase of turn over and foreign invovement.
But we need couple of weeks to see the market direction.
No answer by 17th regarding credit, then we can see the force selling by end of next week no?

Today what happened was a broker induced pump and the panic buyers going after some counters.

LBO has these lines in today's post.

Associated Motor Finance rose 69.70 to 369.80 with 200 shares traded and Beruwala Walk Inn rose 20.80 to close at 167.00 with 100 shares traded.

Colombo Dockyard rose 8.00 rupees to close at 243.00 with 400 shares traded, Colonial Motors rose 19.80 to 409.80 with 100 shares traded.

insidertrader wrote:Today what happened was a broker induced pump and the panic buyers going after some counters.

LBO has these lines in today's post.

Associated Motor Finance rose 69.70 to 369.80 with 200 shares traded and Beruwala Walk Inn rose 20.80 to close at 167.00 with 100 shares traded.

Colombo Dockyard rose 8.00 rupees to close at 243.00 with 400 shares traded, Colonial Motors rose 19.80 to 409.80 with 100 shares traded.

What people like you does not understand is that shares like associated motor finance drooped down to the 300 level from 480, thanks to 200 shares. I know about this particularly because I was one of the lucky once to snatch 100 shares at 300! I'm sure this was true for MOST of the other counters! Pity you never see you posting that side of the story!

One thing i'm very sure is, sec going to remove price band. This is in evidence on past few days. Because GREG could have get caught to price band for the quantity traded on past 5 days. But still it is trading freely. That is a sign that they are going to remove price band.

Rajitha wrote:

insidertrader wrote:Today what happened was a broker induced pump and the panic buyers going after some counters.

LBO has these lines in today's post.

Associated Motor Finance rose 69.70 to 369.80 with 200 shares traded and Beruwala Walk Inn rose 20.80 to close at 167.00 with 100 shares traded.

Colombo Dockyard rose 8.00 rupees to close at 243.00 with 400 shares traded, Colonial Motors rose 19.80 to 409.80 with 100 shares traded.

What people like you does not understand is that shares like associated motor finance drooped down to the 300 level from 480, thanks to 200 shares. I know about this particularly because I was one of the lucky once to snatch 100 shares at 300! I'm sure this was true for MOST of the other counters! Pity you never see you posting that side of the story!

No need to get ag=ngry Rajitha,He's a poor one who thinks about evrything negatively,market always gives opprtunities,who can earn profit from them are the winners,We don't need to consider about news leak, action just begun,good times ahead.

insidertrader wrote:Today what happened was a broker induced pump and the panic buyers going after some counters.

LBO has these lines in today's post.

Associated Motor Finance rose 69.70 to 369.80 with 200 shares traded and Beruwala Walk Inn rose 20.80 to close at 167.00 with 100 shares traded.

Colombo Dockyard rose 8.00 rupees to close at 243.00 with 400 shares traded, Colonial Motors rose 19.80 to 409.80 with 100 shares traded.

ed at 69.70. Lowest price

Dear friend,
I feel you are purposely trying to mislead our members by giving wrong figures. AMF shares have never traded below Rs. 300/- before 10th Jan 2012.. AMF shares have never sold below 400/- from the very first day untill 11th Jan 2012. only 400 shares have been traded below 400/-and that was on yesterday and today. A larger number of shares have been traded during this period beyond Rs. 500/-. Pl. Dont try to mislead members giving wrong figures.

Reg. Colonial Motors too You are trying to give a wrong picture. You say today only 100 share were sold at Rs. 409.80 with an increase of price Rs. 19.80. But you purposely do not say about yesterday's fall of Rs. 24.90. Please note that COLO shares have been traded on 5th and 6th Jan.2012 at 404.30 and 414.90 respectively. And on the 6th Jan. 800 shares have been traded.Pl. also note that 5th and 6th jan. 2012 were the worst two days after 23rd Dec.2011 in terms of turnover and the indices. (Lowest indices and Lowest turnover.)But COLO have been tradedon those two days beyond today's market price.

Rajaraam wrote:

insidertrader wrote:Today what happened was a broker induced pump and the panic buyers going after some counters.

LBO has these lines in today's post.

Associated Motor Finance rose 69.70 to 369.80 with 200 shares traded and Beruwala Walk Inn rose 20.80 to close at 167.00 with 100 shares traded.

Colombo Dockyard rose 8.00 rupees to close at 243.00 with 400 shares traded, Colonial Motors rose 19.80 to 409.80 with 100 shares traded.

ed at 69.70. Lowest price

Dear friend,
I feel you are purposely trying to mislead our members by giving wrong figures. AMF shares have never traded below Rs. 300/- before 10th Jan 2012.. AMF shares have never sold below 400/- from the very first day untill 11th Jan 2012. only 400 shares have been traded below 400/-and that was on yesterday and today. A larger number of shares have been traded during this period beyond Rs. 500/-. Pl. Dont try to mislead members giving wrong figures.

Reg. Colonial Motors too You are trying to give a wrong picture. You say today only 100 share were sold at Rs. 409.80 with an increase of price Rs. 19.80. But you purposely do not say about yesterday's fall of Rs. 24.90. Please note that COLO shares have been traded on 5th and 6th Jan.2012 at 404.30 and 414.90 respectively. And on the 6th Jan. 800 shares have been traded.Pl. also note that 5th and 6th jan. 2012 were the worst two days after 23rd Dec.2011 in terms of turnover and the indices. (Lowest indices and Lowest turnover.)But COLO have been tradedon those two days beyond today's market price.

Hi Raja,
Please see below, may be typing error from LBO.

Thank you kumar.

I wonder why we can't redesigned indexs to give some weight to volume as well so that index manipulation would be avoided.