Stockbroker says real Bull market has only begun?

Slstock · 1 Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 4:33 pm

Slstock

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What do you think about below comment by Capital Trust ?

""Friday’s mind boggling 149 point rise on the ASI and the 168 point
increase on the MPI on a huge Rs.3.2 billion turnover, not helped by any
crossings, prove the degree of positive feeling in the market. As
stated previously at 5950 on the ASI and 5650 on the MPI the market
would pass through the critical 38.2% Fibonacci retracement level
confirming the Bull Run. Thereafter the rise in the market would be even
more pronounced than at present. All ‘doubting Thomases’ would join the
market then adding momentum to the already accelerating market. Be assured that there will be no major pull back before the ASI reaches the all time high of 7800 though there may be minor profit taking binges as nervous players decide to cash some of the accumulated book profits.. "

Thanks SilverHawk
http://research.srilankaequity.com/t525-capital-trust-technical-analytical-outlook-17-sept-2012

market bull · 2 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 4:44 pm

market bull

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Hmm interesting..my broker says(Bartleet) do day trading,market can be down at any time.

I also personally believe this is a much needed correction as small mentioned in another thread.For me support level can be around 5400-5600(just my opinion i am not a technical expert)

If i feel no major full back with coming days market behavior,i will change my strategy & be back to game.

slstock wrote:What do you think about below comment by Capital Trust ?

""Friday’s mind boggling 149 point rise on the ASI and the 168 point
increase on the MPI on a huge Rs.3.2 billion turnover, not helped by any
crossings, prove the degree of positive feeling in the market. As
stated previously at 5950 on the ASI and 5650 on the MPI the market
would pass through the critical 38.2% Fibonacci retracement level
confirming the Bull Run. Thereafter the rise in the market would be even
more pronounced than at present. All ‘doubting Thomases’ would join the
market then adding momentum to the already accelerating market. Be assured that there will be no major pull back before the ASI reaches the all time high of 7800 though there may be minor profit taking binges as nervous players decide to cash some of the accumulated book profits.. "

Thanks SilverHawk
http://research.srilankaequity.com/t525-capital-trust-technical-analytical-outlook-17-sept-2012

nkuda · 3 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 4:51 pm

nkuda

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Mr. S.R is a day Dreamer, I'm positive but not this much of over optimestic.

jaya · 4 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:03 pm

jaya

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I think this is much need correction which would have to be happened last week

Base on the turn over and drop of last 2 hours of trading seem to be revert back to upward trend by the End of the week

Slstock · 5 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:05 pm

Slstock

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Yes, these profit takings and Reds are needed if we want a sustainable market.

smallville · 6 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:09 pm

smallville

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"Be assured that there will be no major pull back before the ASI reaches the all time high of 7800 though there may be minor profit taking binges as nervous players decide to cash some of the accumulated book profits.. "

What Mr, SR said was there'll be no major Pullback - so minor pull backs to be expected Wink

Anyways, what I get from the above is;

1) Some HNWIs want to fool the investors and take them on a ride, so they're getting ready for a run
2) A person we beleived a technical guru has become a "joker"
3) most probably the aforesaid 2 points

I'm happy to see we break ASI 7800 all time high cuz as marketbull said, I'm even ready to change my trading strategies if we do so and will be in the action.. Twisted Evil

TortoizePlus · 7 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:37 pm

TortoizePlus

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CT wants but JB don't

gann · 8 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:40 pm

gann

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I believe the People expecting a pullback are those who missed the bus at the start around 4900+ and they desperately expecting a second chance to get in lol!

Rajitha · 9 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:55 pm

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slstock wrote:What do you think about below comment by Capital Trust ?

""Friday’s mind boggling 149 point rise on the ASI and the 168 point
increase on the MPI on a huge Rs.3.2 billion turnover, not helped by any
crossings, prove the degree of positive feeling in the market. As
stated previously at 5950 on the ASI and 5650 on the MPI the market
would pass through the critical 38.2% Fibonacci retracement level
confirming the Bull Run. Thereafter the rise in the market would be even
more pronounced than at present. All ‘doubting Thomases’ would join the
market then adding momentum to the already accelerating market. Be assured that there will be no major pull back before the ASI reaches the all time high of 7800 though there may be minor profit taking binges as nervous players decide to cash some of the accumulated book profits.. "

Thanks SilverHawk
http://research.srilankaequity.com/t525-capital-trust-technical-analytical-outlook-17-sept-2012

seriously

Slstock

Slstock

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" Be assured that there will be no major pull back before the ASI reaches the all time high of 7800"

Did you notice the words used this time. Be assured. It like a promise. So is he so sure?

fairbullrun

fairbullrun

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slstock wrote:" Be assured that there will be no major pull back before the ASI reaches the all time high of 7800"

Did you notice the words used this time. Be assured. It like a promise. So is he so sure?

CT is the number one ranking in the brokers and we cant ignore what they have predicted with proper analysis.
good luck
Very Happy

FBR

pathfinder

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slstock wrote:" Be assured that there will be no major pull back before the ASI reaches the all time high of 7800"

Did you notice the words used this time. Be assured. It like a promise. So is he so sure?

History repeats lol!

smallville

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Hmmm Mr. SR is also among us it seems Wink

anubis

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Oya S.R mada meka liwweth:

http://www.lankabusinesstoday.com/stock-market/movement/592-lbt-markets-friday-forecastcharts ???

Ehenam ithin oya kiyana eke anith paththa thama....

lol!

Cheers!

PS: I have no clue about the market direction (don't care either).

Slstock

Slstock

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Same SR. But not sure who wrote today observation but it looks like SRs comments.

anubis wrote:Oya S.R mada meka liwweth:

http://www.lankabusinesstoday.com/stock-market/movement/592-lbt-markets-friday-forecastcharts ???

Ehenam ithin oya kiyana eke anith paththa thama....

Cheers!

PS: I have no clue about the market direction (don't care either).

ranferdi

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TortoizePlus wrote:CT wants but JB don't

Nicely Said.. Brother.../ Cool

stockmania

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End of this month should be 6000+ cheers

. SO there will be some RED days in this week. cherry

Chanuque

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CSE had an artificial hold - back during almost an year and half and the majority local investors are having this on and off mixed feelings due to negative and old - gone garbage information while foreign investors are with GO - GO attitudes. My conclusion, RED interval is over as it will be GREEN and ASI will pass 6000 today.

Suthar

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By end of this year ASI suppose to reach all time high. This is what my broker at JKSB told.

My broker at CT said, it's worth if I sell my car and put that money in the market. But I can't to that because it's under moratge Sad

.

Don't know what Jafferjee's idea. but I know 3 brokers at JBS, they also predicting market to reach all time high. I asked them to go and tell this to thier boss Smile

.

Sidath

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SR is an idiot, I don't trust a words he says. His fake patriotic twist is pathetic.

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Stockbroker says real Bull market has only begun?

1 Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 4:33 pm

Slstock

2 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 4:44 pm

market bull

3 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 4:51 pm

nkuda

4 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:03 pm

jaya

5 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:05 pm

Slstock

6 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:09 pm

smallville

7 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:37 pm

TortoizePlus

8 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:40 pm

gann

9 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 5:55 pm

Rajitha

10 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 6:03 pm

Slstock

11 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 6:10 pm

fairbullrun

12 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 6:33 pm

pathfinder

13 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 6:39 pm

smallville

14 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 6:51 pm

anubis

15 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 6:56 pm

Slstock

16 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 7:54 pm

ranferdi

17 Re: Stockbroker says real Bull market has only begun? Tue Sep 18, 2012 9:50 pm

stockmania

18 Re: Stockbroker says real Bull market has only begun? Wed Sep 19, 2012 8:19 am

Chanuque

19 Re: Stockbroker says real Bull market has only begun? Wed Sep 19, 2012 8:34 am

Suthar

20 Re: Stockbroker says real Bull market has only begun? Thu Sep 20, 2012 10:57 am

Sidath

21 Re: Stockbroker says real Bull market has only begun?

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