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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » IS IT THE RIGHT TIME TO START COLLECTING ?? - NO

IS IT THE RIGHT TIME TO START COLLECTING ?? - NO

Go down  Message [Page 1 of 1]

SmartMoney

SmartMoney
Senior Equity Analytic
Senior Equity Analytic
*My answer is NO .

*Market has been coming down for some time now & it is expected to go down for about 1-2 weeks or so.

*I think ASI would touch around 6600 - 6800 range at the end of this month and then turn around slowly and have a major bull run

*What we can see today, I would say the complete opposite of the panic seller situation.

*Today the indexes were pushed up by the panic buyers who were motivated by the artificial green lights shown yesterday.

*ASI & MPI may go up tomorrow as well, but I think from next Monday it would return to normal pattern and continue for a short while .

*Probably the
-week starting 21st would be a red week .
-the week starting 28th things would start to turn around and I think it's the best time to start collecting.
-from 4th April onwards we can expect a major bull run which would continue at least for about 2-3 weeks.

*The best thing to do now is ,
- sell off the stocks you expect to go down in coming days.
- collect some funds .
- spot the fundamentally sound shares with high potential to go up .
- spot emerging stars & companies which have produced an impressive quarterly/annual report .
- spot the shares which have come down by significant value/percentage during past few weeks .
- be ready to buy them as soon as bear takes a rest , hopefully the bear will be tired at the end of this month .

*Anyway this is my point of view & you all are welcome to share what you think about this .

PS : I know people who bought today won't like my post & contribute with negative rep. & comments, that's totally okay, It may turn out that they were correct and I am totally wrong . jocolor

kuk83

kuk83
Manager - Equity Analytics
Manager - Equity Analytics
@SmartMoney wrote:*My answer is NO .

*Market has been coming down for some time now & it is expected to go down for about 1-2 weeks or so.

*I think ASI would touch around 6600 - 6800 range at the end of this month and then turn around slowly and have a major bull run .

*What we can see today, I would say the complete opposite of the panic seller situation .

*Today the indexes were pushed up by the panic buyers who were motivated by the artificial green lights shown yesterday .

*ASI & MPI may go up tomorrow as well, but I think from next Monday it would return to normal pattern and continue for a short while .

*Probably the
-week starting 21st would be a red week .
-the week starting 28th things would start to turn around and I think it's the best time to start collecting.
-from 4th April onwards we can expect a major bull run which would continue at least for about 2-3 weeks.

*The best thing to do now is ,
- sell off the stocks you expect to go down in coming days.
- collect some funds .
- spot the fundamentally sound shares with high potential to go up .
- spot emerging stars & companies which have produced an impressive quarterly/annual report .
- spot the shares which have come down by significant value/percentage during past few weeks .
- be ready to buy them as soon as bear takes a rest , hopefully the bear will be tired at the end of this month .

*Anyway this is my point of view & you all are welcome to share what you think about this .

PS : I know people who bought today won't like my post & contribute with negative rep. & comments, that's totally okay, It may turn out that they were correct and I am totally wrong . jocolor

I believe MKT has already turn.There is some possibility to turn again to red in next week.But i dont think it ll go down bellow previous low(early this week) level.So i think selling @ this level and buy again is not a good decision.(this is my personal view)who knows exactly..??? lol!

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@SmartMoney wrote:*My answer is NO .

*Market has been coming down for some time now & it is expected to go down for about 1-2 weeks or so.

*I think ASI would touch around 6600 - 6800 range at the end of this month and then turn around slowly and have a major bull run .

*What we can see today, I would say the complete opposite of the panic seller situation .

*Today the indexes were pushed up by the panic buyers who were motivated by the artificial green lights shown yesterday .

*ASI & MPI may go up tomorrow as well, but I think from next Monday it would return to normal pattern and continue for a short while .

*Probably the
-week starting 21st would be a red week .
-the week starting 28th things would start to turn around and I think it's the best time to start collecting.
-from 4th April onwards we can expect a major bull run which would continue at least for about 2-3 weeks.

*The best thing to do now is ,
- sell off the stocks you expect to go down in coming days.
- collect some funds .
- spot the fundamentally sound shares with high potential to go up .
- spot emerging stars & companies which have produced an impressive quarterly/annual report .
- spot the shares which have come down by significant value/percentage during past few weeks .
- be ready to buy them as soon as bear takes a rest , hopefully the bear will be tired at the end of this month .

*Anyway this is my point of view & you all are welcome to share what you think about this .

PS : I know people who bought today won't like my post & contribute with negative rep. & comments, that's totally okay, It may turn out that they were correct and I am totally wrong . jocolor

I like your argument style. Let see.



Last edited by slstock on Thu Mar 17, 2011 3:44 pm; edited 1 time in total

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@kuk83 wrote:
@SmartMoney wrote:*My answer is NO .

*Market has been coming down for some time now & it is expected to go down for about 1-2 weeks or so.

*I think ASI would touch around 6600 - 6800 range at the end of this month and then turn around slowly and have a major bull run .

*What we can see today, I would say the complete opposite of the panic seller situation .

*Today the indexes were pushed up by the panic buyers who were motivated by the artificial green lights shown yesterday .

Look like it is returnig to previous levels. Some fundementally good shares needs to return to stable levels. there is more room to improve.

*ASI & MPI may go up tomorrow as well, but I think from next Monday it would return to normal pattern and continue for a short while .

*Probably the
-week starting 21st would be a red week .
-the week starting 28th things would start to turn around and I think it's the best time to start collecting.
-from 4th April onwards we can expect a major bull run which would continue at least for about 2-3 weeks.

*The best thing to do now is ,
- sell off the stocks you expect to go down in coming days.
- collect some funds .
- spot the fundamentally sound shares with high potential to go up .
- spot emerging stars & companies which have produced an impressive quarterly/annual report .
- spot the shares which have come down by significant value/percentage during past few weeks .
- be ready to buy them as soon as bear takes a rest , hopefully the bear will be tired at the end of this month .

*Anyway this is my point of view & you all are welcome to share what you think about this .

PS : I know people who bought today won't like my post & contribute with negative rep. & comments, that's totally okay, It may turn out that they were correct and I am totally wrong . jocolor

I believe MKT has already turn.There is some possibility to turn again to red in next week.But i dont think it ll go down bellow previous low(early this week) level.So i think selling @ this level and buy again is not a good decision.(this is my personal view)who knows exactly..??? lol!

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
There is lot more room to improve, still most of the fundamentally good shares have not returned to stable levels. Volumes have also begun to improve.

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@SmartMoney wrote:*My answer is NO .

*Market has been coming down for some time now & it is expected to go down for about 1-2 weeks or so.

*I think ASI would touch around 6600 - 6800 range at the end of this month and then turn around slowly and have a major bull run .

*What we can see today, I would say the complete opposite of the panic seller situation .

*Today the indexes were pushed up by the panic buyers who were motivated by the artificial green lights shown yesterday .

*ASI & MPI may go up tomorrow as well, but I think from next Monday it would return to normal pattern and continue for a short while .

*Probably the
-week starting 21st would be a red week .
-the week starting 28th things would start to turn around and I think it's the best time to start collecting.
-from 4th April onwards we can expect a major bull run which would continue at least for about 2-3 weeks.

*The best thing to do now is ,
- sell off the stocks you expect to go down in coming days.
- collect some funds .
- spot the fundamentally sound shares with high potential to go up .
- spot emerging stars & companies which have produced an impressive quarterly/annual report .
- spot the shares which have come down by significant value/percentage during past few weeks .
- be ready to buy them as soon as bear takes a rest , hopefully the bear will be tired at the end of this month .

*Anyway this is my point of view & you all are welcome to share what you think about this .

PS : I know people who bought today won't like my post & contribute with negative rep. & comments, that's totally okay, It may turn out that they were correct and I am totally wrong . jocolor

Although this looks like an imagination from the outset, you have done well in presenting your viewpoint. I bought few shares today but I made sure that I bought them at the prices they were trading early this week. I did not chase any of the shares that gained a lot during these couple of days. It is my feeling that the market can be red for first 3 days of next week at least so it will give a second chance for those (including me) who could not collect at the bottom. I have no facts other than my experience to justify my opinion.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Its too early to say the direction of the market...

This could be a real panic situation where ppl who lost the chance or observers get the feeling of an up market and bought the shares at seller's price or this may trigger the alarming of an up market in advance..
On the contrary, there could've been big players artificially pull up the curtains for them to sell..

So still the blue chips and other good companies have not come to the real values.. I mean the prices going now made most counters undervalued, so at least these should come to the real value soon..

There may be chances that financially well dong companies are dragged down for collection and we may see a rally for them soon.. say if plantations rally all plantations will not go up...u can see HOPL. KOTA up but AGAL has not moved.. like wise even in sectors there are strong shares.. in an up market these may move up fast..

I thinkg CFLB should run with their sub announcement.. it has just recovered today.. LCEY too..

So lets hope tomorrows gonna be green and Monday as well..then we can assume its gonna be green at least a week..
I'm also expecting a small down trend towards the end, say after 25th.. not cuz i believe there are credit to settle, the amount would;ve been so small but people are pessimistic.. they wanna avoid the obvious Wink

Just think.. Is Your Glass Half Empty or Half Full?

xmart

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
to be at the safe side......
I put some buy orders for 5 days
LFIN @131.50
PAP@3.7
RICH@13.20

lets see. who can do me favor?

I love you

High.Risk.High.Return

High.Risk.High.Return
Equity Analytic
Equity Analytic
IN MY LINE, YES. THIS IS THE COLLECTION TIME.
I THINK MARKET WILL STABLE FOR A 02 - 03 WEEKS WITH ASI-6900 & 7100.
YOU CAN SEE MOST SHARES NOW TRADING AT HEAVY DISCOUNTED PRICE.

KEEP YOUR EYE ON WITH,
TAFL, BFL, LOLC, KGAL, RICH, SAMP, CARS, AHUN.

mark

mark
Expert
Expert
@SmartMoney wrote:*My answer is NO .

*Market has been coming down for some time now & it is expected to go down for about 1-2 weeks or so.

*I think ASI would touch around 6600 - 6800 range at the end of this month and then turn around slowly and have a major bull run

*What we can see today, I would say the complete opposite of the panic seller situation.

*Today the indexes were pushed up by the panic buyers who were motivated by the artificial green lights shown yesterday.

*ASI & MPI may go up tomorrow as well, but I think from next Monday it would return to normal pattern and continue for a short while .

*Probably the
-week starting 21st would be a red week .
-the week starting 28th things would start to turn around and I think it's the best time to start collecting.
-from 4th April onwards we can expect a major bull run which would continue at least for about 2-3 weeks.

*The best thing to do now is ,
- sell off the stocks you expect to go down in coming days.
- collect some funds .
- spot the fundamentally sound shares with high potential to go up .
- spot emerging stars & companies which have produced an impressive quarterly/annual report .
- spot the shares which have come down by significant value/percentage during past few weeks .
- be ready to buy them as soon as bear takes a rest , hopefully the bear will be tired at the end of this month .

*Anyway this is my point of view & you all are welcome to share what you think about this .

PS : I know people who bought today won't like my post & contribute with negative rep. & comments, that's totally okay, It may turn out that they were correct and I am totally wrong . jocolor

good post.................
me too feel something is going to happen.............
i personally don't think credit clearing is over....it may continue until end of this month.......... Smile Smile Smile Smile Smile

nuwank


Senior Equity Analytic
Senior Equity Analytic
No one can catch a bottom or the top of the market. You would not be able to predict these. The best thing to do is to start buying when the share is trading at a discount. And buy in smaller qty. If its a good company trading at reasonable price, in the long run you should make money regardless of these small downtrends. Holding power seems to be the key.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@nuwank wrote:No one can catch a bottom or the top of the market. You would not be able to predict these. The best thing to do is to start buying when the share is trading at a discount. And buy in smaller qty. If its a good company trading at reasonable price, in the long run you should make money regardless of these small downtrends. Holding power seems to be the key.

I like ur style Wink

13IS IT THE RIGHT TIME TO START COLLECTING ?? - NO Empty Speculating on Bottoms! Sat Mar 19, 2011 7:26 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
Over the next 2 trading weeks, assuming oil prices remain around $100 per barrel, I expect the ASI to be volatile with a downward bias.

There is a psychological support level at 7,000 and I hope it holds. If 7,000 is convincingly breached (for 2 or 3 successive days), however, we could see a steepish fall on low volumes. That would make prices attractive and selective buying support will emerge. I will be watching the strength of the psychological supports closely because there is probably a level that state investors would like to protect - and it might well be 7,000 or 6,500.

The above is just my personal view, based entirely on conjecture and guesswork.

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Antonym wrote:Over the next 2 trading weeks, assuming oil prices remain around $100 per barrel, I expect the ASI to be volatile with a downward bias.

There is a psychological support level at 7,000 and I hope it holds. If 7,000 is convincingly breached (for 2 or 3 successive days), however, we could see a steepish fall on low volumes. That would make prices attractive and selective buying support will emerge. I will be watching the strength of the psychological supports closely because there is probably a level that state investors would like to protect - and it might well be 7,000 or 6,500.

The above is just my personal view, based entirely on conjecture and guesswork.

I like your way of thinking...+ rep from me.

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I believe its time to go for fishing little by little.
Just transfered some money to my broker...

What do you all think??

SmartMoney

SmartMoney
Senior Equity Analytic
Senior Equity Analytic
@chamith wrote:I believe its time to go for fishing little by little.
Just transfered some money to my broker...

What do you all think??

Agreed , I also sense it's the turnaround , I started collecting yesterday & I'm trying to collect for about one more week at lowest possible levels .

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
It Depends on what type of Investor you are. If you are a Warren Buffet type of a investor any time is good for investment. If you are a Benjamin Graham type then this is the time to collect, but need his stock identifying technique.

Finally all we need is holding capacity

Soundchips


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I think current share prices of liquid stocks like COMB, SAMP, DOCK, CINV, CFLB are good for collection. Expected end of the March recovery will be the best time to enter.

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