Down trend or crashing Down???

mra · 1 Down trend or crashing Down??? Wed Feb 08, 2012 11:51 am

mra

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what could be the bottom line of current scenario? lets safe ourselves from further disaster. experts share your thoughts and comments.

greedy007 · 2 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:12 pm

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Down Trend is the answer.
Crash no chance at this time.

UKboy · 3 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:22 pm

UKboy

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@greedy007 wrote:Down Trend is the answer.
Crash no chance at this time.

Yes agree with greedy. However its too late to discuss what or where this went wrong.

Many members are now start saying that they sold all their shares long time ago..!! but few weeks ago they said that bull run is ahead and get ready . Smile

Slstock · 4 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:41 pm

Slstock

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I do not see the need of a bubble crash as many shares have corrected their value including some speculative. ( ofcourse there are more to correct but it should be now beyond crash level). Only hope people will not panic and make things worse. If so anything is possible.

There should be also resistance around 5450 . If it goes below with considerable volume things will not look great. But Think and hope there can be a bounce back sooner based on market cycles. Market have been falling straight for 6 days now. Can we see a turn around maybe tomorrow?

opfdo · 5 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:43 pm

opfdo

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@slstock wrote:

I do not see the need of a bubble crash as many shares have corrected their value including some speculative. ( ofcourse there are more to correct but it should be now beyond crash level). Only hope people will not panic and make things worse. If so anything is possible.

There should be also resistance around 5450 . If it goes below with considerable volume things will not look great. But Think and hope there can be a bounce back sooner based on market cycles. Market have been falling straight for 6 days now. Can we see a turn around maybe tomorrow?

THANK YOU

FXX · 6 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:53 pm

FXX

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@FXX wrote:

ASI came to the support level and now bouncing back little bit, i think ASI will go to 5800. 200 more but who knows

As Expected Market went to 5800 ( http://forum.srilankaequity.com/t15339-will-asi-hit-5800 )

@FXX wrote:There is Strong support level at 5400 to 5450 so i think if the market comes to that level we can see another small bull run

As Expected market seems coming to the Support level ( http://forum.srilankaequity.com/t15502-market-in-coming-days )

wallstreetguy · 7 Re: Down trend or crashing Down??? Wed Feb 08, 2012 1:44 pm

wallstreetguy

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We are already crashin, but some of us are still Cash IN

Roboticfx · 8 Re: Down trend or crashing Down??? Wed Feb 08, 2012 4:32 pm

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Good time will come soon! Don't worry guys! This is a temporary situation and it is not durable! Many counters are very attractive and extremely safe! Try to buy! Then you will win! Very Happy

Slstock · 9 Re: Down trend or crashing Down??? Wed Feb 08, 2012 4:50 pm

Slstock

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Tommorow might be crucial day to figure out where will be heading in the short term.

TortoizePlus · 10 Re: Down trend or crashing Down??? Wed Feb 08, 2012 6:18 pm

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I too believe that CSE is not in a crash situation. If you consider the global picture CSE is more biased towards a steady but slow Bull run than a market crash. I don’t know where the bottom is but feel we are very close to it. I don’t expect V type bottom out, insted there will be series of small W type bottoms. We will not be able to identify the bottom correctly. After sometime, may be after few months, people will start saying ‘Ohh, see market bottom was there’. I am also in a loss but it is too late to exit now. I am not in credit or margin and I've not invested money that I need with in next year so holding is not a problem anymore.

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Latest topics

Down trend or crashing Down???

1 Down trend or crashing Down??? Wed Feb 08, 2012 11:51 am

mra

2 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:12 pm

greedy007

3 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:22 pm

UKboy

4 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:41 pm

Slstock

5 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:43 pm

opfdo

6 Re: Down trend or crashing Down??? Wed Feb 08, 2012 12:53 pm

FXX

7 Re: Down trend or crashing Down??? Wed Feb 08, 2012 1:44 pm

wallstreetguy

8 Re: Down trend or crashing Down??? Wed Feb 08, 2012 4:32 pm

Roboticfx

9 Re: Down trend or crashing Down??? Wed Feb 08, 2012 4:50 pm

Slstock

10 Re: Down trend or crashing Down??? Wed Feb 08, 2012 6:18 pm

TortoizePlus

11 Re: Down trend or crashing Down???

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