I'm not buying any stocks until the ASPI comes down to 6200 !!!

tubal

tubal

Vice President - Equity Analytics

Posts : 1047
Join date : 2011-01-27

Antonym wrote:

tubal wrote:
What I am going to do over the weekend is to create my home made index. It will essentially be the ASI but without the illiquids. We might even find that it's already at 6200

Superb idea, tubal!

Maybe if you share the initial methodology and derived index values with the forum, we could be following the TSI (tubal's share index) instead of the ASI in the days to come! Just out of curiosity - What date are you taking as the base?

I don't think we need to go too far back in time. Jan 01, 2010 I think might be a good starting point. I am thinking of normalizing it by setting the figure equal to the ASI on that date. The plan is to use the market cap as they do with the ASI. Of course that means splits, bonuses and rights need to be accounted for. So I guess it could be more than one weekend's work.

Meta Trader

Meta Trader

Senior Manager - Equity Analytics

Posts : 590
Join date : 2011-02-01

tubal wrote:

Antonym wrote:

tubal wrote:
What I am going to do over the weekend is to create my home made index. It will essentially be the ASI but without the illiquids. We might even find that it's already at 6200

Superb idea, tubal!

Maybe if you share the initial methodology and derived index values with the forum, we could be following the TSI (tubal's share index) instead of the ASI in the days to come! Just out of curiosity - What date are you taking as the base?

I don't think we need to go too far back in time. Jan 01, 2010 I think might be a good starting point. I am thinking of normalizing it by setting the figure equal to the ASI on that date. The plan is to use the market cap as they do with the ASI. Of course that means splits, bonuses and rights need to be accounted for. So I guess it could be more than one weekend's work.

+ Rep from me

what a wonderful idea Twisted Evil

looking forward to TSI Twisted Evil

madu1977

madu1977

Equity Analytic

Posts : 45
Join date : 2011-01-22

undervalued wrote:6200 is my entering point, which is gonna happen very soon!!. There will be more panic sellers tomorrow. Entire market is going through that correction which was needed for quite a long time. Most stocks are already overvalued.

Mr.UNDERVALUVE,
You have to wait next genaration for buy stock.market will never come to what you predict this is your day dream... ASI 7100 LEVEL next resistent level buy good fundamental now on discounted price...you will miss big time see the miracle will have on after 21 st of this month...... Very Happy

gann

gann

Senior Manager - Equity Analytics

Posts : 425
Join date : 2011-01-27

according to my calculations the market to continue with the current bullish trend it needs to pass 7500. if the rally today fails to reach 7500 we are heading towards 7200.

Antonym

Antonym

Vice President - Equity Analytics

Posts : 1090
Join date : 2011-02-09

@tubal: Hope you had a productive weekend, my friend.

How's 'Project TSI' going? Are we at 6,200 yet - without the illiquid shares?

ShareShares

ShareShares

Assistant Vice President - Equity Analytics

Posts : 679
Equity Stars : 5669
Reputation : 152
Join date : 2011-02-02

I collected few shares today, some chips are lower than December level. Current levels were the best I could collect after long period.

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I'm not buying any stocks until the ASPI comes down to 6200 !!!

26 Re: I'm not buying any stocks until the ASPI comes down to 6200 !!! Thu Mar 10, 2011 8:09 pm

tubal

27 Re: I'm not buying any stocks until the ASPI comes down to 6200 !!! Thu Mar 10, 2011 8:30 pm

Meta Trader

28 Re: I'm not buying any stocks until the ASPI comes down to 6200 !!! Thu Mar 10, 2011 10:18 pm

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29 Re: I'm not buying any stocks until the ASPI comes down to 6200 !!! Thu Mar 10, 2011 10:36 pm

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30 Re: I'm not buying any stocks until the ASPI comes down to 6200 !!! Mon Mar 14, 2011 9:00 pm

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31 Re: I'm not buying any stocks until the ASPI comes down to 6200 !!! Mon Mar 14, 2011 9:06 pm

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32 Re: I'm not buying any stocks until the ASPI comes down to 6200 !!!

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