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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » MARKET OVERBOUGHT ..????

MARKET OVERBOUGHT ..????

Go down  Message [Page 1 of 1]

1MARKET OVERBOUGHT ..???? Empty MARKET OVERBOUGHT ..???? Wed May 21, 2014 10:47 am

smayadunne


Senior Equity Analytic
Senior Equity Analytic
is our market overbought ?

That means , is it possible to cumming down ?

2MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 11:46 am

bandulawee


Manager - Equity Analytics
Manager - Equity Analytics
Why are our people panicking so easily. When market is up so much positive comments. With a slight drop all spirits evaporate. Just think there was so much activity when ASI was 6300. All those buyers will wait for it to go up again. So hold your nerve, be positive. If you want to sell, sell the bad ones and hold onto good ones.

3MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 12:15 pm

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
good advice bandulawee

4MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 1:08 pm

barba


Manager - Equity Analytics
Manager - Equity Analytics
Better to ask Capital Trust pundits. If the stupid buggers say no it is overbought. If they say yes no it is not

5MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 1:26 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Feelings of anxiety that makes you sense & irritable are to be monitored as you see dipping market. To overcome such situation just stay away few trading days allowing the market to adjust itself with its own dynamics.

6MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 4:11 pm

Lawwa


Senior Equity Analytic
Senior Equity Analytic
Current market RSI index shows as 65 and MACD 82. Which is definitely a overbought situation. At this moment we trades should move to defensive stocks, like fundamental stocks and upcoming dividend paying counters. When market comes down usually can see a Force sell situation which should affected heavily on Trading counters. So get out of your Junks and Buy Valued ones. You will Joy!!!  Arrow Arrow  As per my knowledge I guess market can come another 100p down. But definitely the trend is Upward!

7MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 5:11 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
You guys need to see the world other than sitting in front of a computer all day. At least whats going on inside the parliament.

8MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 5:37 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Quote
Definition of 'Overbought'

1. A situation in which the demand for a certain asset unjustifiably pushes the price of an underlying asset to levels that do not support the fundamentals.

2. In technical analysis, this term describes a situation in which the price of a security has risen to such a degree - usually on high volume - that an oscillator has reached its upper bound. This is generally interpreted as a sign that the price of the asset is becoming overvalued and may experience a pullback.

Investopedia Says
Investopedia explains 'Overbought'

1. An asset that has experienced sharp upward movements over a very short period of time is often deemed to be overbought. Determining the degree in which an asset is overbought is very subjective and can differ between investors.

2. Technicians use indicators such as the relative strength index, the stochastic oscillator or the money flow index to identify securities that are becoming overbought.

An overbought security is the opposite of one that is oversold.
Unquote

How can you say present market is overbought?

9MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 5:58 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
This is typically debatable, so one who uses the default RSI setting with 14day period, may show we are in overbought condition, one with different chart on weekly basis may show we are still in between ...... Smile

10MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Wed May 21, 2014 9:42 pm

ADP

ADP
Manager - Equity Analytics
Manager - Equity Analytics
I'm actually looking forward if the market takes a small breather, if it drops I will be hoping to buy some stocks I'm eyeing at lower price.
If it doesn't and goes up maybe I will be able to rotate some stocks with profit.
Don't look at market movements up or down as bad things try to make the most of the opportunity presented.
You as an individual cannot make the market move but with patients and observation you can pick some winners.

11MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Thu May 22, 2014 12:58 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
It will be blue tomorrow

12MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Thu May 22, 2014 7:20 am

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Market is seeking the direction. chance for manipulators....! out of our control....! watch carefully.... Overall picture is not rosy...! so we will hardly see something like 2011.

13MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Thu May 22, 2014 10:45 am

bandulawee


Manager - Equity Analytics
Manager - Equity Analytics
Agree with ADP. If you are not a big investor and watching the market everyday you can make something in this market by following his advice.

14MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Thu May 22, 2014 2:14 pm

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
It would be nice to hear from someone whether the ppl talk about the things like over bought situation who actively involved in the market in the boom period (Just After the War)?

15MARKET OVERBOUGHT ..???? Empty Re: MARKET OVERBOUGHT ..???? Thu May 22, 2014 10:39 pm

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
yes guys be smart ,intelligent most of all be one step ahead ! many kind of people out there who wanna play with your hard earn money ! be safe

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