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Market Rebound ?

+11
ONTHEMONEY
ShareShares
wikum100
upuldi
asigiriyage
ISURU
raa
StocksWatch
sasl
MoneyMaker
xhora
15 posters

Go down  Message [Page 1 of 1]

1Market Rebound ? Empty Market Rebound ? Wed May 04, 2011 2:41 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

At the last few minutes of trading MPI suddenly ended up on the green side gaining .21%. but ended up losing -.64% at the end of trading

API also rebounded to -.13% after losing almost -1% and closed at -.79%
What caused this wild swing?
Did the government funds comes in to the rescue?

More importantly will the momentum remains tomorrow?
what do you think?

2Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:08 pm

MoneyMaker

MoneyMaker
Senior Equity Analytic
Senior Equity Analytic

xhora wrote:At the last few minutes of trading MPI suddenly ended up on the green side gaining .21%. but ended up losing -.64% at the end of trading

API also rebounded to -.13% after losing almost -1% and closed at -.79%
What caused this wild swing?
Did the government funds comes in to the rescue?

More importantly will the momentum remains tomorrow?
what do you think?

I noticed the same and was wondering what happened in that short time span?

3Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:15 pm

sasl

sasl
Equity Analytic
Equity Analytic

It might be an action by market manupulators for window dressing purposes.



Last edited by sasl on Wed May 04, 2011 3:32 pm; edited 1 time in total

4Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:20 pm

MoneyMaker

MoneyMaker
Senior Equity Analytic
Senior Equity Analytic

sasl wrote:It might be an action by market manupulators.

For a 40% + change there would have been a big manipulation or a system error/bug

5Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:25 pm

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Not anymore!!!

ASI 7,213.33 (- 57.34) (- 0.79%)
MPI 6,691.33 (- 43.00) (- 0.64%)

6Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:28 pm

raa


Manager - Equity Analytics
Manager - Equity Analytics

Someone wanted to window dress the final market statistics. There was no end recovery whatsoever.

37 positive contributors, 168 negative contributors. That has been the situation the whole trading day today. Between 14.15 - 14.30, a few stocks went positive on very small trades which distorts the entire picture.

7Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:33 pm

ISURU

ISURU
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ASI
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Market Rebound ? AttachmentASI.png
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Last edited by ISURU on Wed May 04, 2011 3:36 pm; edited 2 times in total

8Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:33 pm

asigiriyage

asigiriyage
Manager - Equity Analytics
Manager - Equity Analytics

I think Sec going to change the rules

9Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:43 pm

ISURU

ISURU
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

asigiriyage wrote:I think Sec going to change the rules
If it is so... Thanks God!!!!

10Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 3:59 pm

upuldi

upuldi
Senior Equity Analytic
Senior Equity Analytic

asigiriyage wrote:I think Sec going to change the rules

anyway they are going to introduce new indexes to the CSE (which is good). Anyway i dont think it will going to happen very soon .... Very Happy

11Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 9:53 pm

wikum100


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ISURU wrote:
asigiriyage wrote:I think Sec going to change the rules
If it is so... Thanks God!!!!

they may change the rule of t+5 and may declare more holidays for cse sunny

12Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 10:31 pm

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Then this stagnation might improve. !!

13Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 10:34 pm

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Yea..

SEC might have a chance to lift the Price Band and change the T+5 rule under the current trends of the market.

As SEC chairman correctly told in an interview with Channel 1 "the market reacts very positively after the war and the corporates are supporting the push with unbelievable results"

In my view the domestic retailers act extremely in a panic sense caused high dips in the indices.

The foreigners and the corporates take intense advantage over such behavior of the market.

The market is Over Sold..anyone found best performing counters,sectors in current market context?

Gud Luck

14Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 10:51 pm

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

ONTHEMONEY wrote:The market is Over Sold..anyone found best performing counters,sectors in current market context?

Gud Luck

Relatively similar question was asked in one of the other forums by someone who lost his credibility. Any connection between these similar posts?

15Market Rebound ? Empty Re: Market Rebound ? Wed May 04, 2011 11:17 pm

tubal


Vice President - Equity Analytics
Vice President - Equity Analytics

StocksWatch wrote:
ONTHEMONEY wrote:The market is Over Sold..anyone found best performing counters,sectors in current market context?

Gud Luck

Relatively similar question was asked in one of the other forums by someone who lost his credibility. Any connection between these similar posts?

I have said often that this guy sounds like the mouthpiece of that infamous manipulator. I can spot at least three other accounts used by the same guy (or three other mouthpieces).

16Market Rebound ? Empty Re: Market Rebound ? Thu May 05, 2011 7:50 am

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics

raa wrote:Someone wanted to window dress the final market statistics. There was no end recovery whatsoever.

37 positive contributors, 168 negative contributors. That has been the situation the whole trading day today. Between 14.15 - 14.30, a few stocks went positive on very small trades which distorts the entire picture.


I noted the same, some stocks have one or two trades at the end way up to what it was trading. this is really setting up the retailer, convincing them market has rebound and to buy. Maybe some big fish needs to discard some more to the retailers.

the market is resisted by the retailors, it's abvious when you see the orderbooks and the trades. Guys think twice in this market condition, there's lot happening that most of us don't know (why they imposed a 5% limit for banks to fund the CSE), don't invest money unless you can hold for sometime.

17Market Rebound ? Empty Re: Market Rebound ? Thu May 05, 2011 12:36 pm

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

are the stocks like......... RCL,RICH ,TKYO ,DIAL,LGL, TWOD, LOLC,
CONN. CINV,GLAS,SAMP good at these prices...


Very Happy Smile Very Happy Smile

18Market Rebound ? Empty Re: Market Rebound ? Thu May 05, 2011 12:52 pm

SL.Market

SL.Market
Vice President - Equity Analytics
Vice President - Equity Analytics

what a profit for the last two days buyer?... anyway as i said earlier...

"Take the benifit of any behavior of the market..."

Chears....

19Market Rebound ? Empty Re: Market Rebound ? Thu May 05, 2011 6:24 pm

tubal


Vice President - Equity Analytics
Vice President - Equity Analytics

SL.Market wrote:what a profit for the last two days buyer?... anyway as i said earlier...

"Take the benifit of any behavior of the market..."

Chears....

Just imagine the profit for someone who went short on the 28 or 29th, covered his positions on the 3rd and then bought long yesterday!
Too bad the brokers don't let you go short

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