I have no doubt: CSE Crash

Malika1990 · 1 I have no doubt: CSE Crash Mon Feb 13, 2012 4:40 pm

Malika1990

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Within one year ASI drop nearly 3000 points
Any one can,t expect what is the turning point
all prediction vanished such as ASI 6200 :5800 :5500:5400 :5250
So i think mkt crash Razz

Slstock · 2 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 5:07 pm

Slstock

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Though we initially blamed ourselves ( retailers) for panicking there are other responsible parties contributing to this mess. Whenever there is hope, FURTHER negativity is injected by some drastic action ( apart from global)

When some people take drastic actions like 37% fuel hikes over night , first deplete foreign reserves by 30% and then suddenly deciding to go free float , expropriation laws etc etc are they really thinking about making CSE a top market?

There are ways to solve problems. But the way authorities acted over the past few months without a plan, I cannot help but say they are also culprits to instill negativity to market. It is very sad. We Sri lankans sadly act on extremes. There is no moderation.

Anyway most counter are getting to be oversold. Let us positively hope for a short term turn around soon.

Some of the prices are nearing May-July 2010 prices. I really do not think our market is that bad to deserve continues across the board negativity like this.

FXX · 3 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 7:46 pm

FXX

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If ASI go down more than 4700 then ASI will be the Miracle Exchange of the ASIA,

mono · 4 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 8:04 pm

mono

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@slstock wrote:
Though we initially blamed ourselves ( retailers) for panicking there are other responsible parties contributing to this mess. Whenever there is hope, FURTHER negativity is injected by some drastic action ( apart from global)

When some people take drastic actions like 37% fuel hikes over night , first deplete foreign reserves by 30% and then suddenly deciding to go free float , expropriation laws etc etc are they really thinking about making CSE a top market?

There are ways to solve problems. But the way authorities acted over the past few months without a plan, I cannot help but say they are also culprits to instill negativity to market. It is very sad. We Sri lankans sadly act on extremes. There is no moderation.

Anyway most counter are getting to be oversold. Let us positively hope for a short term turn around soon.

Some of the prices are nearing May-July 2010 prices. I really do not think our market is that bad to deserve continues across the board negativity like this.

the brent was set to go down in december and settle about the 85 level. But suddenly we got hit hit by the iran problem. and it's gone 120 and eventually 140. the government has very little options when something like this happens.

mark · 5 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 8:41 pm

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@slstock wrote:
Though we initially blamed ourselves ( retailers) for panicking there are other responsible parties contributing to this mess. Whenever there is hope, FURTHER negativity is injected by some drastic action ( apart from global)

When some people take drastic actions like 37% fuel hikes over night , first deplete foreign reserves by 30% and then suddenly deciding to go free float , expropriation laws etc etc are they really thinking about making CSE a top market?

There are ways to solve problems. But the way authorities acted over the past few months without a plan, I cannot help but say they are also culprits to instill negativity to market. It is very sad. We Sri lankans sadly act on extremes. There is no moderation.

Anyway most counter are getting to be oversold. Let us positively hope for a short term turn around soon.

Some of the prices are nearing May-July 2010 prices. I really do not think our market is that bad to deserve continues across the board negativity like this.

politicians ruined the BEAR market Mad

i need answers......
*why removed DG?
*why chairperson resigned?
*wt* use of expropriation?
*wt* use of devaluation done if they intended to free the exchange control?
*etc....

now the disaster is caused majorly by politics,not by idiot retailers,companies are good but no one wants to buy Sad

sapumal · 6 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 8:59 pm

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Former DG is the one who started the downturn momentum.

Without attracting money or giving considerable time he wanted to keep credit at zero. It lead to a recursive events which ended up in crash.
margin call -> force selling -> price dropping -> marginal call

Then after we were about to start a fresh journey we have to face problem due to high trade deficit. Also Iran problem leading to a higher trade deficit and higher crude price.

mono · 7 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 9:16 pm

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sapumal, the trade deficit is largely because of all the infrastructure development in this country. We need to import a lot of stuff to set up & expand large businesses last year we saw a lot of that happening

nadeesha5814 · 8 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 10:50 pm

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we our selves to blame for the trade deficit. We never respect local products. We always wants imported products. Look at the local suppliers in a negative way. Its not a big thing. I am not saying that we should buy Micro cars n Rice day n night, but when we got options we should always opt for local products. This is what a famous lecturer told me why countries like SL stay where they are. Simply when u buy a ballpen why cant u check whether its a locally produced one or an imported one. Both does the samething. If you buy the local product money goes to a local producer and the economy grows by Rs20. If u buy the imported economy shrinks by Rs20 and the trade deficit increase by Rs 20. Simple economics. Sadly our people prefer to imports than local products. I am nt saying for all cases we should go for local products. But when we can then we should...

Roboticfx · 9 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 11:52 pm

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Exportation should be increased! that's the only way of reviving the economy.

Slstock · 10 Re: I have no doubt: CSE Crash Tue Feb 14, 2012 7:08 am

Slstock

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@mono wrote:

@slstock wrote:
Though we initially blamed ourselves ( retailers) for panicking there are other responsible parties contributing to this mess. Whenever there is hope, FURTHER negativity is injected by some drastic action ( apart from global)

When some people take drastic actions like 37% fuel hikes over night , first deplete foreign reserves by 30% and then suddenly deciding to go free float , expropriation laws etc etc are they really thinking about making CSE a top market?

There are ways to solve problems. But the way authorities acted over the past few months without a plan, I cannot help but say they are also culprits to instill negativity to market. It is very sad. We Sri lankans sadly act on extremes. There is no moderation.

Anyway most counter are getting to be oversold. Let us positively hope for a short term turn around soon.

Some of the prices are nearing May-July 2010 prices. I really do not think our market is that bad to deserve continues across the board negativity like this.

the brent was set to go down in december and settle about the 85 level. But suddenly we got hit hit by the iran problem. and it's gone 120 and eventually 140. the government has very little options when something like this happens.

Mono are you sure we are buying oil at brent rate. Brent is higher than OPEC. But yes the fact remains the oil prices hiked in the global market.

Anyway, my point is we take drastic actions suddenly without much forethought. There are ways to do things gradually or in steps.

See the below also

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=45128

rijayasooriya · 11 Re: I have no doubt: CSE Crash Tue Feb 14, 2012 8:12 am

rijayasooriya

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@slstock wrote:

@mono wrote:

@slstock wrote:
Though we initially blamed ourselves ( retailers) for panicking there are other responsible parties contributing to this mess. Whenever there is hope, FURTHER negativity is injected by some drastic action ( apart from global)

When some people take drastic actions like 37% fuel hikes over night , first deplete foreign reserves by 30% and then suddenly deciding to go free float , expropriation laws etc etc are they really thinking about making CSE a top market?

There are ways to solve problems. But the way authorities acted over the past few months without a plan, I cannot help but say they are also culprits to instill negativity to market. It is very sad. We Sri lankans sadly act on extremes. There is no moderation.

Anyway most counter are getting to be oversold. Let us positively hope for a short term turn around soon.

Some of the prices are nearing May-July 2010 prices. I really do not think our market is that bad to deserve continues across the board negativity like this.

the brent was set to go down in december and settle about the 85 level. But suddenly we got hit hit by the iran problem. and it's gone 120 and eventually 140. the government has very little options when something like this happens.

Mono are you sure we are buying oil at brent rate. Brent is higher than OPEC. But yes the fact remains the oil prices hiked in the global market.

Anyway, my point is we take drastic actions suddenly without much forethought. There are ways to do things gradually or in steps.

See the below also

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=45128[/quote]

This is not only the problem with present government.It has been the main problem of Sri Lanka Fr--dom Party centred government.They have been trying to change things overnight.Just see what happened in 1970s.They changed the policy overnight and they did not give adequate time for people to adapt.So what was the result.deleted got historical win.

Present government should learn these things from the past.Fortunately now there is no strong opposition party.But if government does not change this stupid policies and methodology even this opposition leader can win.

I believe this is the best government we have after the so called freedom.But we should not justify all their wrong and unsuitable policies and methodology.

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I have no doubt: CSE Crash

1 I have no doubt: CSE Crash Mon Feb 13, 2012 4:40 pm

Malika1990

2 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 5:07 pm

Slstock

3 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 7:46 pm

FXX

4 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 8:04 pm

mono

5 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 8:41 pm

mark

6 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 8:59 pm

sapumal

7 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 9:16 pm

mono

8 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 10:50 pm

nadeesha5814

9 Re: I have no doubt: CSE Crash Mon Feb 13, 2012 11:52 pm

Roboticfx

10 Re: I have no doubt: CSE Crash Tue Feb 14, 2012 7:08 am

Slstock

11 Re: I have no doubt: CSE Crash Tue Feb 14, 2012 8:12 am

rijayasooriya

12 Re: I have no doubt: CSE Crash

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