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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ASPI in a straight line decline

ASPI in a straight line decline

2 posters

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1ASPI in a straight line decline Empty ASPI in a straight line decline Wed Jan 20, 2016 3:56 pm

EquityChamp

EquityChamp
Moderator
Moderator

ASPI now drops 633 points within 12 market days. Averaging 53 points a day. Using moving averages the trend will take ASPI towards 5897 by 29th January. So the drop could be close to 1000 points. The funny thing is that the market is reacting or made it to react for the risk factors well appear from 2nd half of 2014. A 14% reduction within a month for CSE for some early known risks is something to ponder by everyone.

If people say the market is falling naturally like this then market should come towards 4800 by April.

Despite our own issues I feel some group of people is playing a bad game with may be the government at the expense of innocent investors.

The golden question is whether the market can be drag towards the target of 4800 by showing our BOP and Exchange rate issues together with world issues. If yes then this market is not good for investments but good for manipulators and casinos. If not the case this game should be ended now itself. Thanks

2ASPI in a straight line decline Empty Re: ASPI in a straight line decline Wed Jan 20, 2016 8:05 pm

EquityChamp

EquityChamp
Moderator
Moderator

CSE has no cause to experience a straight line decline such as this within two weeks. China, Brazil, USA, Russia, etc have their own reasons but CSE is dropping for well known and well revealed risk factors. If CSE is not a casino the market should go back to 6500 within no time.

3ASPI in a straight line decline Empty Re: ASPI in a straight line decline Thu Jan 21, 2016 9:32 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

High expectation is a new trend from next week onward with slow progress with occasional swinging. Corporate results are awaiting for last quarter ended which could be good but not as planned.

4ASPI in a straight line decline Empty Re: ASPI in a straight line decline Thu Jan 21, 2016 2:40 pm

EquityChamp

EquityChamp
Moderator
Moderator

Partially came up. Watching if it comes to 6500 level for the RSI to be in neutral scenario.Basketball

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