Is it Market crash or correction?

Jana · 1 Is it Market crash or correction? Mon Jan 27, 2014 12:14 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2587
Equity Stars : 9532
Reputation : 193
Join date : 2011-03-10

Look like market getting panic... Is it Market crash or correction???

JKH also going to hell...

Slstock · 2 Re: Is it Market crash or correction? Mon Jan 27, 2014 12:25 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 12261
Reputation : 1158
Join date : 2011-01-22

I think you should read the forum for opinions before you panic yourself and others unnecessarily at 0.45% drop.

http://forum.srilankaequity.com/t31200p25-cse-and-future#191831
http://forum.srilankaequity.com/t32465-asian-markets-tumble-by-mid-monday

sahan8896 · 3 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:11 pm

sahan8896

Assistant Vice President - Equity Analytics

Posts : 924
Equity Stars : 4636
Reputation : 53
Join date : 2011-08-27

@Jana wrote:Look like market getting panic... Is it Market crash or correction???

JKH also going to hell...

You have the answer in the question.JKH.

extremedeal · 4 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:25 pm

extremedeal

Stock Analytic

Posts : 12
Equity Stars : 2927
Reputation : 0
Join date : 2013-05-10

This is panic reaction for confirmation that the Fed plans to steadily Taper. This past week, there were a number of news stories that stirred the imagination for fear. The withdrawal of capital from the emerging markets – which led to severe declines in the Argentina Peso and other developing economy currencies – is a symptom of fear. Same thing happening in CSE today. This gives a great opportunity to buy.

sureshot · 5 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:28 pm

sureshot

Vice President - Equity Analytics

Posts : 1116
Equity Stars : 6364
Reputation : 18
Join date : 2011-04-26

it is a market collection not a correction Mad

Jana · 6 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:30 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2587
Equity Stars : 9532
Reputation : 193
Join date : 2011-03-10

Thanks Slstock..I didn't see that post (which is your one) .. any how bit panic .. but nothing do..

will see if any think drop too much then plan to buy..!!

Gainer · 7 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:36 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 9834
Reputation : 264
Join date : 2011-03-13

Japan's Nikkei average tumbled to a two-month low on Monday as the yen soared and global equities dropped on concerns about a selloff in emerging-market assets, dragging down futures and index-heavyweight stocks.

smallville · 8 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:40 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 8993
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

Why dont you fish in the troubled waters Jana?

Laughing

If markets are not volatile how to trade man?

bullrun · 9 Re: Is it Market crash or correction? Mon Jan 27, 2014 10:51 pm

bullrun

Assistant Vice President - Equity Analytics

Posts : 780
Equity Stars : 4789
Reputation : 78
Join date : 2011-01-31

Foreign buying and selling today are 249 and 282. No panic selling

mark · 10 Re: Is it Market crash or correction? Mon Jan 27, 2014 11:42 pm

mark

Expert

Posts : 2676
Equity Stars : 8636
Reputation : 423
Join date : 2011-02-04
Age : 30
Location : Hell....

never trust CSE.

today saved tnx to CTC. :@

Slstock · 11 Re: Is it Market crash or correction? Tue Jan 28, 2014 3:57 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 12261
Reputation : 1158
Join date : 2011-01-22

Yes , this CTC (this time) and High cap share game is totally unnecessary.

If not for CTC , today drop would be about 0.8% which would have been very good for a heated market and RSI.
Now only 0.16%

What is shameful is less than 200 shares of CTC made the last jump from Rs 1300 to Rs 1349 during the last last hour of trading making the market show + 0.3% . Else it would have been closer -0.5% drop for the day which was the reality.

Why is this game needed? When market is behaving rather naturally.

@mark wrote:never trust CSE.

today saved tnx to CTC. :@

bullrun · 12 Re: Is it Market crash or correction? Tue Jan 28, 2014 4:26 am

bullrun

Assistant Vice President - Equity Analytics

Posts : 780
Equity Stars : 4789
Reputation : 78
Join date : 2011-01-31

slstock,

do you expect a drop today too?

Slstock · 13 Re: Is it Market crash or correction? Tue Jan 28, 2014 4:48 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 12261
Reputation : 1158
Join date : 2011-01-22

I wish yes , to make the market stronger for the next run ( which will make us all benefit) . Another 20-30 point drop would be good. Yesterday drop was not enough for overall ASI.

But practically I don;t know as at CSE someone can easily manipulate to play with index (like with CTC or NEST) to mess the natural market.

Maybe there will be some selling in the morning and market may recover later.

But best to just concentrate on specific share that watching these games.

@bullrun wrote:slstock,

do you expect a drop today too?

dhanurrox · 14 Re: Is it Market crash or correction? Tue Jan 28, 2014 5:17 am

dhanurrox

Vice President - Equity Analytics

Posts : 1158
Equity Stars : 5933
Reputation : 65
Join date : 2011-08-28

@slstock wrote:I wish yes , to make the market stronger for the next run ( which will make us all benefit) . Another 20-30 point drop would be good. Yesterday drop was not enough for overall ASI.

But practically I don;t know as at CSE someone can easily manipulate to play with index (like with CTC or NEST) to mess the natural market.

Maybe there will be some selling in the morning and market may recover later.

But best to just concentrate on specific share that watching these games.

@bullrun wrote:slstock,

do you expect a drop today too?

Even when no action is done for massive manipulations last bull run these things wont at least be noted.
Danno danithi.

Slstock · 15 Re: Is it Market crash or correction? Tue Jan 28, 2014 5:49 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 12261
Reputation : 1158
Join date : 2011-01-22

Dhanu,

We have a choice. Just be silent and let it go so no one cares or do something (even little0.

If one trully cares for the mass in this country , we need to atleast try and voice our opinion so these people behind it understand . They will atleast know we are concerned that more damage than good is done by these actions. ( to them and us )

This is true for many things in our country. We need to make a collective effort to voice when things are not right to make this country better.

@dhanurrox wrote:

@slstock wrote:I wish yes , to make the market stronger for the next run ( which will make us all benefit) . Another 20-30 point drop would be good. Yesterday drop was not enough for overall ASI.

But practically I don;t know as at CSE someone can easily manipulate to play with index (like with CTC or NEST) to mess the natural market.

Maybe there will be some selling in the morning and market may recover later.

But best to just concentrate on specific share that watching these games.

@bullrun wrote:slstock,

do you expect a drop today too?

Even when no action is done for massive manipulations last bull run these things wont at least be noted.
Danno danithi.

Intelligent Investing · 16 Re: Is it Market crash or correction? Tue Jan 28, 2014 6:41 am

Intelligent Investing

Senior Equity Analytic

Posts : 88
Equity Stars : 2779
Reputation : 0
Join date : 2014-01-05

This is just a reaction to global news - CSE will still do well - it'll reach at least 6500 and may have a correction in my opinion cos the sentiment is still strong

No need to panic - if at all, good time to collect is now

mark · 17 Re: Is it Market crash or correction? Tue Jan 28, 2014 6:26 pm

mark

Expert

Posts : 2676
Equity Stars : 8636
Reputation : 423
Join date : 2011-02-04
Age : 30
Location : Hell....

@slstock- No NEST this time it seems, i was waiting to sell it over 2500, but finally sold at 2150 few weeks ago.

ya as slstock pointed the market should have a correction, i prefer tomorrow also to be a dark red day in some oversold counters. Smile

Sponsored content

Latest topics

Is it Market crash or correction?

1 Is it Market crash or correction? Mon Jan 27, 2014 12:14 pm

Jana

2 Re: Is it Market crash or correction? Mon Jan 27, 2014 12:25 pm

Slstock

3 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:11 pm

sahan8896

4 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:25 pm

extremedeal

5 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:28 pm

sureshot

6 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:30 pm

Jana

7 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:36 pm

Gainer

8 Re: Is it Market crash or correction? Mon Jan 27, 2014 1:40 pm

smallville

9 Re: Is it Market crash or correction? Mon Jan 27, 2014 10:51 pm

bullrun

10 Re: Is it Market crash or correction? Mon Jan 27, 2014 11:42 pm

mark

11 Re: Is it Market crash or correction? Tue Jan 28, 2014 3:57 am

Slstock

12 Re: Is it Market crash or correction? Tue Jan 28, 2014 4:26 am

bullrun

13 Re: Is it Market crash or correction? Tue Jan 28, 2014 4:48 am

Slstock

14 Re: Is it Market crash or correction? Tue Jan 28, 2014 5:17 am

dhanurrox

15 Re: Is it Market crash or correction? Tue Jan 28, 2014 5:49 am

Slstock

16 Re: Is it Market crash or correction? Tue Jan 28, 2014 6:41 am

Intelligent Investing

17 Re: Is it Market crash or correction? Tue Jan 28, 2014 6:26 pm

mark

18 Re: Is it Market crash or correction?

Sponsored content