Attention: Do not want a unwanted panic...

NC · 1 Attention: Do not want a unwanted panic... Sat Nov 22, 2014 10:47 am

NC

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It's sad to said that some unwanted panic is creating by some of members who exited from the market ir-rationally few months ago thinking that market will make a correction, and including some players.Now they want to create a panic situation and collect now at cheap price.

If you're in profit in can collect some and others can adjust their PF. Don't get panic, and loose your hard earned money. Foreigners're continuously buying. And CSE has to go a longway in next 2-3 years exceeding the 10,000 level of ASPI. Thus the market is not going in a straight line, instead its zigzag. Wait for the right time to sell if you want, otherwise you may sell at low and buy at high. A bull or bear sentiment has to be fade step by step not from a couple of days...
Be a Rational investor who do not drived by emotions and others.

බොරුවට කලබල කරලා කරන, එක එකාගේ plan වලට අහුවෙන්න එපා...

" Letting your emotions override your plan or system is the biggest cause of failure. So, If you can't deal with emotion, get out of trading. "
- J. Welles Wilder

VALUEPICK · 2 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 11:36 am

VALUEPICK

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Thank you.

In some situation even great traders have become investors when they see major uptrend. Have you done study on some non crowded stocks and new stocks? I think it is also time to look for next winning sectors and stocks. That doesn't mean other sectors won’t have any rally. I am in the process of identifying new stocks and adding more to stocks that I have faith.

Have a great 2015 and 2016 and enjoy the major uptrend!

dineshfernando · 3 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 11:56 am

dineshfernando

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Foreigners can see something which we can't see. That's why they keep buying continuously.

If UNP coalition wins the stock market will go mad. Bulls will run crazy.

We will start buying from foreigners when ASPI goes to 8500 points paying 30% to 40% more than the current price.

I think this is the best time to collect in anticipation of regime change and a UNP backed government.

Gainer · 4 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 1:35 pm

Gainer

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High buying presure from next week Before election ASPI 8000+

Because of UNP backed government good for future every one sunny

NC · 5 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 2:37 pm

NC

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Thnx Everyone..
This's from the eyes of a Swing Trader or a Price action Trader.. Its not easy to change the sentiment at once. Look at the numbers 1,2,3... trend line break, swing point break and again down and again up, Its the nature of market. At least ASI has to drop below 7200 for such correction. Even though if it fell below 7200, it'll move up again take its down..
And if some one can trade ASI, a swing trader definitely waiting for a fresh BUY signal to enter to the market.. Thus if you're a good trader when the market make correction your pf will clear automatically at the each step and you do not want go after buyers...
Attention: Do not want a unwanted panic... Asi10

Attention: Do not want a unwanted panic... Asi10

So, donot panic..

goldenboy · 6 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 2:52 pm

goldenboy

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Thanks for this NC.
This is what we need here.Constructive discussions.

+ rep from me.
GB
B+

NC · 7 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 3:13 pm

NC

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Thnx GB
Here're some another Indices from world..
Compared with these charts you'll understand its how easy to trade with ASPI..
Charts are not that much simple, if you're panic seller I think you cannot never play with these huge market, which that in future CSE is going to happen...

USA500/ S&P100: U.S
Attention: Do not want a unwanted panic... Usa_5010

Attention: Do not want a unwanted panic... Usa_5010

UK100/FTSE 100: UK
Attention: Do not want a unwanted panic... Uk100_10

SUI30: Swiss
Attention: Do not want a unwanted panic... Sui30_10

And I think foreigners are more expertise than us in charts... Since they face with more volatile than us.And compared to those SL retail investors are lack in facing with volatility and easily get panic.
Further the, according to Elliot wave the ASPI correction might expect a flat correction maximum of 38.2% retracement.

Very Happy

RPPA · 8 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 3:30 pm

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Yes NC. Thats a great job.

I'll tell few things. Which i have said on a previous post yesterday. Where only few of them had read. I guess.

Yesterday market started falling after 10a.m. Who started to dump first by matching the buyers, The Big boys. So they showed the direction then other retailers followed nicely. Then after a certain point they started collecting from the bottom by putting buy orders at lower prices.

If you analysed properly there were some signals from monday onwards to bring the market down but retailers didn't follow. Where when selling comes buyers are there to buy. But on market couldn't resist due to political uncertainty.

But i feel this trend will continue on Monday too, may be a recovery of some sorts in the afternoon session. Very Happy

D.G.Dayaratne · 9 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 4:31 pm

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This trend will not continue

From Monday we can see upward trend

Some people may try to show downward trend at the beginning

But that effort will fail

Last edited by D.G.Dayaratne on Sat Nov 22, 2014 4:35 pm; edited 2 times in total (Reason for editing : correction)

worthiness · 10 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 4:42 pm

worthiness

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Those who give way in face of the overwhelming force of panicking would be the heavy losers. Well, some may argue it is not. With passage of time, election overheat fades away & it becomes a general chat of the day. So, ensure to reap real harvest at correct time in the future but not now.

zy · 11 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 4:44 pm

zy

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Yes the panic is unnecessary,
Because,
If Maithree wins,
- Elimination of executive presidency
- A cabinet with a better economic vision
- Media freedom and human rights development

If Mahinda wins, there may be a stable government

So, future will be bright or at least same as now.

Gainer · 12 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 4:47 pm

Gainer

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Huge buying presure will come from tomorrow

If market go down Ready to buy at this levels

Foreign investors buying at current market

foreign inflow increased to 20 billion this year.

SHARK aka TAH · 13 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 6:16 pm

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Yes no need to panic too much ...these are short term..... it was a wise decision by Maithri Sirisena to nominate Ranil as Prime Minister Smile

So market will be up eventually

Sarabulathwita · 14 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 6:19 pm

Sarabulathwita

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SHARK aka TAH wrote:Yes no need to panic too much ...these are short term..... it was a wise decision by Maithri Sirisena to nominate Ranil as Prime Minister So market will be up eventually

100000000% agreed with you. The market should go up if the majority of investors in the CSE are not fools

SHARK aka TAH · 15 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 6:23 pm

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Some create panic to collect low, those who know certain shares will move up but trying to accumalate more at very low so as to maximise the returns.... poosr retailors dumping as if it the end of the world Very Happy

Octopus · 16 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 6:25 pm

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Sarabulathwita wrote:

SHARK aka TAH wrote:Yes no need to panic too much ...these are short term..... it was a wise decision by Maithri Sirisena to nominate Ranil as Prime Minister So market will be up eventually

100000000% agreed with you. The market should go up if the majority of investors in the CSE are not fools

This is good news long term, if everything happens accordingly, it is good to the country.
executive presidency is the cause for deteriorating law and order of the country.
It should be abolished. It was in "Mahinda chinthanaya" but I wonder why it is still there??????

piras · 17 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 9:42 pm

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SHARK aka TAH wrote:Yes no need to panic too much ...these are short term..... it was a wise decision by Maithri Sirisena to nominate Ranil as Prime Minister So market will be up eventually

Agreed with you Shark

VALUEPICK · 18 Re: Attention: Do not want a unwanted panic... Sun Nov 23, 2014 3:33 am

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I think this is the time to readjust portfolio to reap benefits from next stages of current major uptrend. I believe selected non crowded stocks, food related stocks, and JKH, COMB, and NEST can have some upturn on Monday and next week. Please restudy the market and sectors to find out next winning sectors and stocks. Some stocks can have short term minor volatility. Do not follow the crowd.

Have a great return during Christmas, 2015 and 2016!

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Attention: Do not want a unwanted panic...

1 Attention: Do not want a unwanted panic... Sat Nov 22, 2014 10:47 am

NC

2 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 11:36 am

VALUEPICK

3 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 11:56 am

dineshfernando

4 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 1:35 pm

Gainer

5 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 2:37 pm

NC

6 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 2:52 pm

goldenboy

7 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 3:13 pm

NC

8 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 3:30 pm

RPPA

9 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 4:31 pm

D.G.Dayaratne

10 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 4:42 pm

worthiness

11 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 4:44 pm

zy

12 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 4:47 pm

Gainer

13 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 6:16 pm

SHARK aka TAH

14 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 6:19 pm

Sarabulathwita

15 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 6:23 pm

SHARK aka TAH

16 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 6:25 pm

Octopus

17 Re: Attention: Do not want a unwanted panic... Sat Nov 22, 2014 9:42 pm

piras

18 Re: Attention: Do not want a unwanted panic... Sun Nov 23, 2014 3:33 am

VALUEPICK

19 Re: Attention: Do not want a unwanted panic...

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