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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Market down

Market down

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1Market down Empty what's going on ............. Wed Nov 28, 2012 11:36 am

tharindu1


Senior Equity Analytic
Senior Equity Analytic
what's going on .............

2Market down Empty Market down Wed Nov 28, 2012 11:39 am

tharindu1


Senior Equity Analytic
Senior Equity Analytic
Market down Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad

3Market down Empty Re: Market down Wed Nov 28, 2012 11:58 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
going down ne rabbit

So no stimulus, seems most are staying away and the ones who are panicking are gradually selling and exiting their positions like,anticipating a fall Very Happy
so what can we say,some are cutting losses No
TAH

4Market down Empty Re: Market down Wed Nov 28, 2012 12:03 pm

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
What about turning point

5Market down Empty Re: Market down Wed Nov 28, 2012 12:07 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Re: Harmonic Price Pattern Trading
by traderathome on Sun Nov 25, 2012 8:51 pm

.Here is the chart on ASI.

I have indicated the Supports levels, currently the 5375 held good for the last 2 days trading.Tomorrow will be a new day and PA and volumes are not supporting for a gain in coming days .....So anything could happen and we should be ready for any eventuality.

Our next support levels is around 5275 and if this holds good then we need not concern about 5100 levels.

in my opinion the more time the buyers hold on, the sooner the sellers will exhaust for another run high...although my personal preference is a rebound @ 5275, which is immaterial if market overides such sentiments, as market would be ruthless sometimes.

So patience is key and valuable commodity in coming days......

The rebound we are seeing at 5375 if gathers steam we should look into smaller targets to break starting with 5500 and 5625 before entertaining any BULLISH sentiments around 6000 Mark.

So month of December here we come

6Market down Empty Re: Market down Wed Nov 28, 2012 12:09 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@tharindu1 wrote:Market down Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad
so far 1 crossing JKH which is distorting whole picture on low volumes Very Happy

7Market down Empty Re: Market down Wed Nov 28, 2012 12:12 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
bargain hunters are accumalating slowly Very Happy

8Market down Empty Re: Market down Wed Nov 28, 2012 12:23 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
5360 is besieged. Perhaps regain at the end of trading day.

9Market down Empty Re: Market down Wed Nov 28, 2012 12:27 pm

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks.. but I cant see the chart..

Although these figures are for ASI.. If individual stocks are considered ..they are well below or at June levels.

Ah.. I have little money and very short period of holding power Sad

10Market down Empty Re: Market down Wed Nov 28, 2012 12:30 pm

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@traderathome wrote:bargain hunters are accumalating slowly Very Happy

Very Happy

11Market down Empty Re: Market down Wed Nov 28, 2012 1:18 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
check Harmonic Price Pattern thread for the chart Very Happy

12Market down Empty Re: Market down Wed Nov 28, 2012 1:32 pm

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
true...
in jan.this will go up for no reason with the MPI down. it will be easier to manipulate the poor retailer

13Market down Empty Re: Market down Wed Nov 28, 2012 3:35 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Worst on the way.

14Market down Empty Re: Market down Wed Nov 28, 2012 5:21 pm

econ

econ
Global Moderator
where are our tech guys who said we are back to bullish trend?? Very Happy
it seems godahewa factor is just another simple manipulation

15Market down Empty Re: Market down Wed Nov 28, 2012 5:29 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@econ wrote:where are our tech guys who said we are back to bullish trend?? Very Happy
it seems godahewa factor is just another simple manipulation

Read some of our comments during NG appointment period.
Mr.Market is always correct,no one can control permanetly.
Those who praise his arrival to SEC, near future will start to scold him.
End of the day we are short memory people no?

16Market down Empty Re: Market down Wed Nov 28, 2012 6:44 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Market give opportunities to the brave and those who have plans. One mans loss ( in certain companies ) can be another's gain in the longer run

ps : Note I am not asking anyone without a plan or a goal to buy if short term trends/drops bother you a lot. They will easily balme the others but not oneself ( it your money, your loss ,. your gain)







@Redbulls wrote:
@econ wrote:where are our tech guys who said we are back to bullish trend?? Very Happy
it seems godahewa factor is just another simple manipulation

Read some of our comments during NG appointment period.
Mr.Market is always correct,no one can control permanetly.
Those who praise his arrival to SEC, near future will start to scold him.
End of the day we are short memory people no?

17Market down Empty Re: Market down Wed Nov 28, 2012 7:18 pm

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@slstock wrote:Market give opportunities to the brave and those who have plans. One mans loss ( in certain companies ) can be another's gain in the longer run

ps : Note I am not asking anyone without a plan or a goal to buy if short term trends/drops bother you a lot. They will easily balme the others but not oneself ( it your money, your loss ,. your gain)

This is quite true! People who was brave and had plans prospered!
Whoever that bought mine and people with reason around ASI around 5900 had nice gains and people who bought were the losers in those months!
Even now people who bought in last few weeks are the losers and the people who sold are the winners!
Some time in future maybe we can see people who buys being winners! Very Happy

18Market down Empty Re: Market down Wed Nov 28, 2012 7:23 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Don't even think to buy now.I'm trying to save you all,wait till next year.Market will easily fall below 5000.

19Market down Empty Re: Market down Wed Nov 28, 2012 7:47 pm

Fresher


Moderator
Moderator
Once there was a news item after the new head was appointed saying "best performing market (4 week period)"

What's the situation now (past 4 weeks)

20Market down Empty Re: Market down Wed Nov 28, 2012 7:55 pm

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@nimantha80 wrote:Don't even think to buy now.I'm trying to save you all,wait till next year.Market will easily fall below 5000.

we can't carry the baby next year.

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