Dont get burnt on temporary up market

Redbulls · 21 Re: Dont get burnt on temporary up market Thu Feb 16, 2012 3:10 pm

Redbulls

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dindon1 wrote:Be careful, Dont buy on this temporary move.,
I have cashed my money few weeks ago and wanted to buy now but my broker and many others advised me to not to buy now as it will go further down in coming weeks.,
So if you buy today dont keep it.,that is my opinion.,But you decide.,

Good joker giving valuable advice.

chanvi · 22 Re: Dont get burnt on temporary up market Thu Feb 16, 2012 8:11 pm

chanvi

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sanjaya351 wrote:

dindon1 wrote:Be careful, Dont buy on this temporary move.,
I have cashed my money few weeks ago and wanted to buy now but my broker and many others advised me to not to buy now as it will go further down in coming weeks.,
So if you buy today dont keep it.,that is my opinion.,But you decide.,

Guys like you all are the ones who we should punshed if you dont want to come to a positive mood -Pls be silent - You will never get satisfied and remember CSE is now not totaly depend on Forigeners and locals are the ones who ran the market and they are the ones who will kik this market and then only forigeners will come back ..pls pls be silent ...

agree with you

Market Sucker · 23 Re: Dont get burnt on temporary up market Thu Feb 16, 2012 8:15 pm

Market Sucker

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typical RETAILERS Razz

Kithsiri · 24 Re: Dont get burnt on temporary up market Thu Feb 16, 2012 8:33 pm

Kithsiri

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Will this upwards trend continue tomorrow?

Market Sucker · 25 Re: Dont get burnt on temporary up market Thu Feb 16, 2012 8:42 pm

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Kithsiri wrote:Will this upwards trend continue tomorrow?

ya may be

but everyone thinking its over Sad

but im expecting Up tmrw and down afterwards from monday. Embarassed

Kumar · 26 Colombo Stock Exchange gain 5% on Thursday Thu Feb 16, 2012 8:56 pm

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Colombo Stock Exchange saw its main index making a 5.08% gain today with stock prices across the board moving up.
ASPI ended the day at 5,279 points.

Milanka Price Index moved up by 4.10% ending at 4,552 points.

The market saw a turnover of Rs. 1.15 billion while foreigners purchased more than what they sold to record a net foreign inflow of Rs. 51 million.

645,200 of HNB shares crossed hands with a share price tagged at Rs. 142 while the 962,200 shares of SPEN also crossed hands with a share priced at Rs. 114.

“The extreme pessimisms that dictated play over the last few weeks helped ignite this rally today. Throughout history BEAR market rallies have been strong and try to convince the market that the larger trend had changed. There is a possibility that the market can rally a bit more tomorrow especially in the morning and cool off later” Bartleet Religare Securities stated in its daily market report.

http://www.news360.lk/markets/stock-market/sri-lanka-news-colombo-1244-stock-exchange-gain-by-5-on-thursday

rishanpossitive · 27 Re: Dont get burnt on temporary up market Thu Feb 16, 2012 9:07 pm

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dindon1 wrote:Be careful, Dont buy on this temporary move.,
I have cashed my money few weeks ago and wanted to buy now but my broker and many others advised me to not to buy now as it will go further down in coming weeks.,
So if you buy today dont keep it.,that is my opinion.,But you decide.,

No logic behind this statement.If you think like this then market will never go up. Very Happy

Kithsiri · 28 Re: Dont get burnt on temporary up market Thu Feb 16, 2012 9:12 pm

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Market Sucker wrote:

Kithsiri wrote:Will this upwards trend continue tomorrow?

ya may be but everyone thinking its over but im expecting Up tmrw and down afterwards from monday.

Thanks. I hope it will not move up tomorrow. Very Happy

Light of Hope · 29 Re: Dont get burnt on temporary up market Fri Feb 17, 2012 9:08 am

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This why you have been silence all these days... who advised you to sell??? aiyo

SL.Market · 30 Re: Dont get burnt on temporary up market Fri Feb 17, 2012 9:42 am

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Panic Sellers in last few days want to market down and collect again what they sold again.... Collected people last few days want to market up and make their profit higher...

Let the market to behave and take the benefit of that ...

Good Luck

rijayasooriya · 31 Re: Dont get burnt on temporary up market Fri Feb 17, 2012 9:52 am

rijayasooriya

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Do not be so harsh on dindon guys.

Earlier he was Mr.Optimistic.Then the poor fellow might have sold his/her stuff at a loss with intention of buying back it later....may be when ASI at 3000-4000 Wink

.So now when he sees market going up he becomes panic.It is quite understandable isn't ? After all we all are some what greedy fellows aren't we ? Embarassed

sapumal · 32 Re: Dont get burnt on temporary up market Fri Feb 17, 2012 9:54 am

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There is a huge gap (10%) between buy and sell orders. If you buy, you are taking a 10% risk.

Slstock · 33 Re: Dont get burnt on temporary up market Sat Feb 18, 2012 9:11 am

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Dindon1,

I have seen your posts from the time you came to the forum.

Initially you were so optimistic that you 'so enthusiastically" said almost every day not to sell and market will go up.
Now you take complete opposite stance and talk all negative.

Next week can head south if we do not see some bullish trend. It all depends. I am Not saying No. There are market cycles and we saw as expected market went up somewhat this week due to extreme oversold condition and other factors. What happens next week depends on several factors. We need to see Monday and tuesday trend. My ideal hope is that market stabilize now. Not go up or go down but stay flat. That will say panic selling is over and we have atleast some faith in the future.

Here is all what I am saying . Be moderate in your opinion when stating things at the forum. When you are over optimistic people said you are misleading. Now you are so negative. So the same people will not believe you ( maybe your prediction will come true. There are only 3 things that can happen. Up , down or flat. )

So be careful in your fluctuating extreme opinions . Hope you understand what I am saying as this is for your own good. I have no grudge against you.

Tiger · 34 Re: Dont get burnt on temporary up market Sat Feb 18, 2012 11:36 am

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This may be a temporary up market, but there are many strong companies at attractive prices. Investing is kind of professional gambling, I am taking chances and buying, I am into some more companies which has fallen to pretty attractive valuations.

If there was no bad news anymore we should reach the bottom pretty soon, many technical indicators emerging.

This is just my personal opinion.