Why market is RED?

schacha · 1 Why market is RED? Wed Jun 08, 2011 11:28 am

schacha

Manager - Equity Analytics

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I think that s 'cos trading on credit. Can we invest credit and. I think most ppl hav virtual PF. Invest credit than money Which last few days n destroy all market. If U can invest ur money and trade with ur money market will b a descent place where investors come and settle. I hate credit.
(U guys can give me -rep.)

Tiger · 2 Re: Why market is RED? Wed Jun 08, 2011 9:52 pm

Tiger

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In my opinion market is exhausted, and looking for a direction, market will be wobbling for some time. I don't think mkt will crash any time soon, but it will be a soft landing for certain overvalued sectors over 2nd half of this year.

Leo_pold · 3 Re: Why market is RED? Thu Jun 09, 2011 7:34 am

Leo_pold

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The reason for the red market is nothing but the huge amount of IPO's. Normally IPO's are aimed at attracting new money to the market. But what happens now is that people are selling their shares even at a lost to cash them to buy shares from IPO's. Market will continue to drop till the large IPO's end and money returns from IPO's like EXPO and SOFTLOGIC.

The credit factor is also there. People were having at least some strategy on what to do with credit until CSE changed the credit clearance limit at the last moment. Many are now having no idea what to do with credit margins and this has further impaired the market.