Difficult to break 5600 ?

Will it be more difficult to break 5600 ?

No, 6000+ at the end of the month

ubalata 5200 idanma amaruine.Ane pala yanna. .
RSI karayoi FIBANA.... KARAYOI KO DAN?

This is party time

ow dan bana kiyana ayata hulan thamai. un bana kiuwata unge portfolio walath dan junk share pirila athi...
hva tikak ehema.. uuuurrmmmm...

HI Guys, we know that who predicted correct way are happy mood and my opinion we should welcome all the contributions whether it is supportive or counter with our ways of expressions.

I am really enjoying even I am beginner I understood now the people sentiments are higher and the market still positive mood to upward.
but some of technical explanations need to consider with respective little dipped but for that less chance to happen because still upward trend mood is high.
Thanks for all the guys specially for the right people of prediction

WHAT DO YOU THINK ????WHO RESPONSIBLE ???DO YOU THINK NEW DGRESPONSIBLE ??OR MANUPULATORS OR SHEER SMALL INVESTOR DRIVEN ???WHERE WILL THIS STOP ????6000 IN THIS WEEK ????

This time it will skyrocket to +8000.

Hope Next Year 9000+

stockmania wrote:Hope Next Year 9000+

Is it too much positive??? if then kiyala wedak ne

I have predicted 5500 on 25th of last month,it happened 10 days later,i am happy.but guys dont be foolish now,market is over brought & expecting a correction sooner than later.most probably this week. I feel this trend will be continued at least another 4-5 weeks with some breaks.now people talking about 8,000-9,000L.But try to learn something from the past

I have sold all my portfolio except one junk share i have(GREG).I wanted to sell GREG also today but later i saw some movements of that share & decided not to sell until it comes to at least NAPS level.(my target is 22-23 with next bull run)

Happy trading

Watch the market carefully and learn from the past. Market cannot move up 500-1000 points every month in a consistent fashion. It doesn't make sense.
people have already started talking about unrealistic figures. I can remeber i used to think the same and think that the market can double next year and so on but i feel those are now signs of immaturity. Dont insult the guys who talk sense but learn from them. They can be right and you may not have the experience to understand what they say. Please respect otherwise good members may get disgusted and leave!

The beginning of the bull phase is very strong as we can see and most will join in to sell soon. They need to make a profit and yes they will definitely go back in for the next party.

wikum - topic has been merged. please avoid using CAPS

Rapaport wrote:Watch the market carefully and learn from the past. Market cannot move up 500-1000 points every month in a consistent fashion. It doesn't make sense.
people have already started talking about unrealistic figures. I can remeber i used to think the same and think that the market can double next year and so on but i feel those are now signs of immaturity. Dont insult the guys who talk sense but learn from them. They can be right and you may not have the experience to understand what they say. Please respect otherwise good members may get disgusted and leave!

The beginning of the bull phase is very strong as we can see and most will join in to sell soon. They need to make a profit and yes they will definitely go back in for the next party.

See the bull at 2010 August ASI movement Market can move more than 1000 points if REAL bull came. And check how ASI dropped during last year. Dropping also can happen in same scale.

This is what we actually learn in this forum...

Crowd mentality..



Average ppl never learn.. By the time a mojority learn the truth.. It may be too late..
For the information of ignorant;
Some counters still being collected and some speculative being dumped by some of the known names...
They may be thanking now..

Hi.. smallv,
is it the fact that ASI not moving as some guys are expecting, just I need further elaboration if you ok pls
Regrds
FBR

fairbullrun wrote:Hi.. smallv,
is it the fact that ASI not moving as some guys are expecting, just I need further elaboration if you ok pls
Regrds
FBR

A market cannot move like this.. Pullbacks, sideways, corrections are necessary for the market to survive.

The way it has reached 5500 from 4900 made me skepticle on many aspects.

Following a chat with a good friend of mine who was also a techie, it was evident that most of the upside was financed by credit.. Are we fools to think that HNWIs made that much of money in the bear market? They were patiently waiting to dump their crap when market turns green and I beleive they've done that..

All those so called "hi volumes" were dumpings of some high not worthy investors imo.. I may be wrong but as per the tech theories we're just not seeing a healthy run.. some may say double or tripple bottoms or even many patters have been formed.. but no real strength in this..

If the runs we saw were credit runs, we know what happened last time with too much credit. eh?

I only have few shares so only less to loose if it doesn't run..

So doubts come to my mind as I'm not waiting to dump at the moment

Having said that I have to emphasize that my trading patterns only suitable for me..

I do accept ur explanations but I knew due to this ongoing uptrend new investors as far my knowledge some of my friends are trying to invest and some are trying to open another account with best rank trading brokers. What does it mean to me some new investors or those backward are coming and is this not lead to continue the uptrend. Pls explain me I am not having expert knowledge I just raising based on my present observation not technically and fundamentally strong.
Regards
FBR

@smallville: I've been pulling my hair to try to find an explanation for the current run. On one hand, the market was undervalued, but the sharpness of this rise doesn't seem to fit this way of thinking (may be I'm wrong, slstock for example might argue otherwise).

There are two other explanations:

1. Market was pushed down by some gang purposely and with the recent reforms at SEC, they simply let these restraints go... (causing the market to correct itself). (this is something you hinted at on a previous thread)

2. Market is being pushed up by some gang for some evil purpose.

At this point I have no clue what's going on. Since I'm an ultra-small-scale investor / trader (+ a newbie), I've decided to stay away. That is kind of foolish, since I'm totally missing this train... but I just can't make up my mind to jump in...

Cheers!

anubis wrote:@smallville: I've been pulling my hair to try to find an explanation for the current run. On one hand, the market was undervalued, but the sharpness of this rise doesn't seem to fit this way of thinking (may be I'm wrong, slstock for example might argue otherwise).

There are two other explanations:

1. Market was pushed down by some gang purposely and with the recent reforms at SEC, they simply let these restraints go... (causing the market to correct itself). (this is something you hinted at on a previous thread)

2. Market is being pushed up by some gang for some evil purpose.

At this point I have no clue what's going on. Since I'm an ultra-small-scale investor / trader (+ a newbie), I've decided to stay away. That is kind of foolish, since I'm totally missing this train... but I just can't make up my mind to jump in...

Cheers!

I would like to see how slstock give an explanation for this as you say "[quote="anubis"]@smallville: I've been pulling my hair to try to find an explanation for the current run. On one hand, the market was undervalued, but the sharpness of this rise doesn't seem to fit this way of thinking (may be I'm wrong, slstock for example might argue otherwise)."

Tks
FBR

anubis wrote:There are two other explanations:

1. Market was pushed down by some gang purposely and with the recent reforms at SEC, they simply let these restraints go... (causing the market to correct itself). (this is something you hinted at on a previous thread)

2. Market is being pushed up by some gang for some evil purpose.

At this point I have no clue what's going on. Since I'm an ultra-small-scale investor / trader (+ a newbie), I've decided to stay away. That is kind of foolish, since I'm totally missing this train... but I just can't make up my mind to jump in...

Cheers!

Good one.. both reasons are valid.. Market had a correction itself imo but that was artificailly fueled by some gand who wanted the SEC head gone,, so the crashing was inevitable.. Now intelligent ppl bought the stockt at the bottom thanks to this
Then these ppl need suckers to sell their averaged stuff...
You've seen how OFFQ was manipulated to 3000 from 300 levels with just above 500 qty and exited after 3000.. This is how the games being played in CSE..

Danno danithi.. Nodanno danna ayata bena bena indithi.. What to do.. sometimes ignorance is bliss, sometimes not..

fairbullrun wrote:I do accept ur explanations but I knew due to this ongoing uptrend new investors as far my knowledge some of my friends are trying to invest and some are trying to open another account with best rank trading brokers. What does it mean to me some new investors or those backward are coming and is this not lead to continue the uptrend. Pls explain me I am not having expert knowledge I just raising based on my present observation not technically and fundamentally strong.
Regards
FBR

FBR, as you may understand in this game; someone's fiasco is another one's victory.. So if new money doesnt come or if suckers wont born then how these HNWIs, prudent investors, brokers or traders promote stocks could sell their stocks easily and rapidly?

Think it is not that difficult to answer this.

You are correct on both counts. Market was beaten down too much ( when at 4700-4800) by some forces or not. It appears that there was some manipulation of indices also. There were shares trading at unrealistic values. Some were lowest for 2-3 years with improving fundamentals than 2010-2011. So when the sentiments and the "environment" changed , people/retailers will be driving the run. Others joined the party. When the run happens some money might get recycled into new counters infusing a fresh round of buying. This cycle can keep going for some time unless the sentiment changes.

Did you notice the difference between previous and latest runs? Within the last year or so, everytime it ran a bit , some big order came to sell down. Since people were scared and less retailer participation was there it went lower and lower.

This time , it appeared there were buyer to match the sellers even when they sell down. Bigger orders started to come in. I still see heavily undervalued counters and some overvalued ones.


Having said all this , no market can go straight up or straight down always. So it is always better to play it safe if one is worried about short term. The market kept running for many session now. So at some point there can be some red days or corrections . But the severity of these red days or hours depends on the buyers coming to meet the seller. Will it dip as low as 4700 figures? For some counters we can say bye bye to those values.

I definetly see that there is more stronger purchase pattern than before. So we should not compare with previous times.

Anyway, we cannot expect market to keep going up and up without corrections.
At that time people will say I told you market will come down ;-)

anubis wrote:@smallville: I've been pulling my hair to try to find an explanation for the current run. On one hand, the market was undervalued, but the sharpness of this rise doesn't seem to fit this way of thinking (may be I'm wrong, slstock for example might argue otherwise).

There are two other explanations:

1. Market was pushed down by some gang purposely and with the recent reforms at SEC, they simply let these restraints go... (causing the market to correct itself). (this is something you hinted at on a previous thread)

2. Market is being pushed up by some gang for some evil purpose.

At this point I have no clue what's going on. Since I'm an ultra-small-scale investor / trader (+ a newbie), I've decided to stay away. That is kind of foolish, since I'm totally missing this train... but I just can't make up my mind to jump in...

Cheers!

Well said slstock! I'm grateful to you sir. Your statement is a very needed one it explains the incident well.

Thanks small. Your sentiment is also valid and physical!

Happy Trading!