Maharaja's Advice

@Maharaja wrote:current ASI theory is

Increase lockdowns = Better economic activity = Better financials = Share prices increase

But in real life what will happen ?

Financials will tumble in the future ! Shares will come down. Do not Buy now.
This is simple economics

Brokers and related investors make money out of stock markets so they do not like to talk the real situation. They only say it will go up up. ppl without brains listen to them and buy on credit.

Foreign net selling pass 40 BILLION mark and by Dec I feel we will pass 45 Billion or 50 Bn.
F.sellers love days like today because there is buying in order books. You will see selling in COMB SAMP and JKH CTC likewise.

Why is the market up ?

Big wealth funds and investors are absorbing this foreign selling and they are now caught at higher prices. If the prices come down they will need to force sell their credit amounts, so the related brokers are adjusting prices using the help of retailers ! This is the truth.  

Unfortunately F.selling is no match for retail buying power. So this artificial attempt cannot sustain.

Regards,
Maharaja

@Maharaja wrote:current ASI theory is

Increase lockdowns = Better economic activity = Better financials = Share prices increase

But in real life what will happen ?

Financials will tumble in the future ! Shares will come down. Do not Buy now.
This is simple economics

Brokers and related investors make money out of stock markets so they do not like to talk the real situation. They only say it will go up up. ppl without brains listen to them and buy on credit.

Foreign net selling pass 40 BILLION mark and by Dec I feel we will pass 45 Billion or 50 Bn.
F.sellers love days like today because there is buying in order books. You will see selling in COMB SAMP and JKH CTC likewise.

Why is the market up ?

Big wealth funds and investors are absorbing this foreign selling and they are now caught at higher prices. If the prices come down they will need to force sell their credit amounts, so the related brokers are adjusting prices using the help of retailers ! This is the truth.  

Unfortunately F.selling is no match for retail buying power. So this artificial attempt cannot sustain.

Regards,
Maharaja

@Quibit wrote:


Very rational

@xhunter wrote:

@Quibit wrote:


Very rational

this is also a very rational post you posted.
suddenly you became active to express how maharajas post is rational.
that connection also very rational.

If any member has very rational thinking, then those can understand what was your intention at that time and what is your intention this time.

@Dharshi wrote:In Sri Lanka sometimes 2 + 2 = 1....!

CSE ASPI heading towards 4500 soon. Innocent retailers and new comers beware of the cheaters and money sucking greedy people....

@dayandacool wrote:

@Dharshi wrote:In Sri Lanka sometimes 2 + 2 = 1....!

CSE ASPI heading towards 4500 soon. Innocent retailers and new comers beware of the cheaters and money sucking greedy people....

Problem might not be urs. Problem might be with your 2nd grade Math teacher!!!

I will think about what you say, If you bring facts and figures or any kind of an analysis to prove your point of ASI heading towards 4000.

If you need, I could bring out a technical analysis anytime to project what I see in the market.I'm not saying that I will be right. But at least I have a logic in my thinking. If you quit the market based on RSI alone, you won't make anything from the market.

@Eranga87 wrote:

@Maharaja wrote:Great job by ASI adjusters today also. 

Yesterday one broker boss got scared with the selling pressure on JKH.  
Yesterday alone 1.1 BILLION net foreign outflow.

I hope retailers will listen to brokers and help continue the ASI adjustment game.


Maharaja

@Maharaja wrote:Great job by ASI adjusters today also. 

Yesterday one broker boss got scared with the selling pressure on JKH.  
Yesterday alone 1.1 BILLION net foreign outflow.

I hope retailers will listen to brokers and help continue the ASI adjustment game.


Maharaja

@dayandacool wrote:

@Maharaja wrote:Great job by ASI adjusters today also. 

Yesterday one broker boss got scared with the selling pressure on JKH.  
Yesterday alone 1.1 BILLION net foreign outflow.

I hope retailers will listen to brokers and help continue the ASI adjustment game.


Maharaja

I don't know about you but I thoroughly believe that If a country is to prosper, Citizens should have faith in their country. If retailers are buying and rallying in numbers, Foreigners will follow. Which country's stock market has majority of foreigners that prosper???

Come on Bro, Be Lankan, buy Lankan.
It doesn't matter whether you are Pohottu, UNP or JVP.

@geesura wrote:

@geesura wrote:

@Mithooshan wrote:

@geesura wrote:

@Promoney wrote:What happened all the doomsday predictors?

@Kipling wrote:Welcome Gonraja. Do you work for diaspora or wahabi lunatics?