Banking rally

ashlee · 1 Banking rally Mon Feb 07, 2011 8:57 pm

ashlee

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I expected the so called banking rally today and bought LOLC at 140 level.. But it dropped in the evening..
What do the learned forum members think about this share and other banking shares all together?? Are we to expect the banking rally this week or will we have to wait for that?? All your responses are appreciated.

BullionStock · 2 Re: Banking rally Mon Feb 07, 2011 9:08 pm

BullionStock

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As you said banking rally is very much expected by most people. I think you have done correct thing to collect LOLC at this price.

Most important thing for you is the holding power & you need be patient.

Defintely LOLC will bring you the profit as it is a discounted price.

monash · 3 Re: Banking rally Mon Feb 07, 2011 9:28 pm

monash

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LOLC is one of the most undervalued and attractive stock in financial sector..
if SFL ran to 130s.. there is no doubt LOLC will start it's run soon..
Don't worry..hold on..
You will see it's real bull run after results release on next week..

smallville · 4 Re: Banking rally Mon Feb 07, 2011 9:36 pm

smallville

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LOLC is good in short-med-long terms so u can think of even averagin at 138 (if stays) and if u have the holding power for a couple of more days this can make u smile ;-)

jaya · 5 Re: Banking rally Mon Feb 07, 2011 10:03 pm

jaya

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wait and see, it will gearing up when 1st result of the sector disclosed.still buyers are collectiong by artificialy hold it low. wait 2-3 days.

ashlee · 6 Re: Banking rally Mon Feb 07, 2011 11:14 pm

ashlee

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tnx guys..Judging by the analysis posted by the learned members of the forum previously, I too have the feeling that LOLC will make me smile big time..

I was told by my adviser that it would hit 250 in the medium run..
Letz hope for the best..

RDS · 7 Re: Banking rally Mon Feb 07, 2011 11:21 pm

RDS

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Don't buy stock if u can't hold sometime.

LOLC will have great run. If u had market experience how it up 200 level - 1300 level last year u will not question on this.

Pls don't think this will go 1000 this time

ShareShares · 8 Re: Banking rally Mon Feb 07, 2011 11:50 pm

ShareShares

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There is a steady banking and finance rally displayed in the market. Some of the B&F shares displayed a movement were COMB, SMLL and NTB, Those shares which could produce a growth in successive financials could demonstrate a gathering. LOLC and CFIN as well.

smallville · 9 Re: Banking rally Tue Feb 08, 2011 6:32 am

smallville

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I too noticed that buyers are requesting the counters like LOLC, SMLL, LFIN as much as low as they could.. When performing counters are attracted at a low end, I smell a rat on these kinda behaviour of the market.. probably we're seeing the tip of a giant iceburg.. it will be worth watching while holding on to these shares now..