Also, we have people at the top who purchased shares at 6 and sold to other at 14. If this was a developed county those people are already in jail.
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rijayasooriya wrote:I thnk T+5 day rule is the worst as it causes the forced selling and bring down the market.econ wrote:I think bear market will change to bull market if SEC allows credit to the brokers. it is due to the credit restrictions that market become bear.
exceptional growth of CSE in 2009 and 2010 can be mostly attributed to the broker credits and increased investor confidence of finishing war.
If credits are allowed without much restriction market will have a bull run.
If credits are totally cancelled market will move up slowly...at least it will not come down like this.
With this T+5 day rule we can not have much hope.
econ wrote:rijayasooriya wrote:I thnk T+5 day rule is the worst as it causes the forced selling and bring down the market.econ wrote:I think bear market will change to bull market if SEC allows credit to the brokers. it is due to the credit restrictions that market become bear.
exceptional growth of CSE in 2009 and 2010 can be mostly attributed to the broker credits and increased investor confidence of finishing war.
If credits are allowed without much restriction market will have a bull run.
If credits are totally cancelled market will move up slowly...at least it will not come down like this.
With this T+5 day rule we can not have much hope.
agreed.. T5 is the worst case.
hiru wrote:If these credit restrictions had been there from 2009, ASPI would not have reached to 7500+ level but it could have shown a steady growth and there would not have been overnight-millionaires and billionaires. That steady growth could have been a positive reflector of overall economy's growth and sustainability.
What has now happened is rules have been changed with a speed more than required while there is no inducement for new crowds to invest in the share market while all inducements that existed have been muted.
Further, brokers has changed their mood from being ethical advisers to street hawkers who exchange gossips and rumors. This way is their final resort to cover monthly targets at the cost of innocent investors.
rijayasooriya wrote:I thnk T+5 day rule is the worst as it causes the forced selling and bring down the market.
If credits are allowed without much restriction market will have a bull run.
If credits are totally cancelled market will move up slowly...at least it will not come down like this.
With this T+5 day rule we can not have much hope.
rajithasamaranayake wrote:This is a very gloomy situation. There are no fresh funds being infused to the market. Broker credit create artificial gains and has to be totally ruled out as a mean of resurrection. Market will come down further whether one likes it or not
Many institutions which posted healthy profits from capital gains in 2010 are threatened to be exposed with considerable capital losses in 2011. There is a real danger of the market going well below 6,000 to touch 5,000 scale points within the next 3 months
Good one duke!!duke wrote:
http://www.investopedia.com/terms/s/settlement_period.asp#axzz1Q9unmWEu
In the U.S., the settlement date for marketable stocks is usually 3 (three) business days after the trade is executed, and for listed options and government securities it is usually 1 (one) day after the execution.
Do you think we should implement the T+3?
Sorry to tell u this....Submiting large number of posts and becoming so called assistant vice president(this is not applied to others) does not mean that u are a super expert.tubal wrote:@slstock, @monster, @stockswatch oh shucks :blushes:hiru wrote:If these credit restrictions had been there from 2009, ASPI would not have reached to 7500+ level but it could have shown a steady growth and there would not have been overnight-millionaires and billionaires. That steady growth could have been a positive reflector of overall economy's growth and sustainability.
What has now happened is rules have been changed with a speed more than required while there is no inducement for new crowds to invest in the share market while all inducements that existed have been muted.
Further, brokers has changed their mood from being ethical advisers to street hawkers who exchange gossips and rumors. This way is their final resort to cover monthly targets at the cost of innocent investors.
Right you are Hiru! The ASI tripled from around the time that the war ended to OCT 2010, creating a bubble! Dr Harsha de Silva named it as such and was called all sorts of names by the dumb money which was then at investnow. The Famous technical analyst who can't even spot a head and shoulders called him a traitor and a sabatuer.
The government to it's credit belatedly realized that there was indeed a bubble (maybe thanks to input from Dr Harsha) and took steps to remedy it. The 10% limit, the credit clearing rules (and their relaxation later), limitations on bank guarantees and banks exposure to stock markets, forcing EPF and SLIC to buy overpriced shares were all part of the process.rijayasooriya wrote:I thnk T+5 day rule is the worst as it causes the forced selling and bring down the market.
If credits are allowed without much restriction market will have a bull run.
If credits are totally cancelled market will move up slowly...at least it will not come down like this.
With this T+5 day rule we can not have much hope.
So do you want the bubble to be recreated? Do you want the kind of bubble bursting that happened in Japan to happen here (refer Econ's comments on another thread). Forced selling has been discussed over and over again. IT'S NOT HAPPENING. If your stupid broker says it's happening ask him to name the company that's doing the selling. Then call that company and ask them if they really are doing it.rajithasamaranayake wrote:This is a very gloomy situation. There are no fresh funds being infused to the market. Broker credit create artificial gains and has to be totally ruled out as a mean of resurrection. Market will come down further whether one likes it or not
Many institutions which posted healthy profits from capital gains in 2010 are threatened to be exposed with considerable capital losses in 2011. There is a real danger of the market going well below 6,000 to touch 5,000 scale points within the next 3 months
Right you are. Last year when we cautioned against companies that reported massive profits through capital gains we were laughed at. Now some of those same companies are getting hammered. It's going to create a vicious cycle and drag the market a long way down. Proof that dumb money still dominates the market is in the fact that people are outraged at capital alliances sell recommendation on Sampath and the fact that people bought heavily into ALLI - whose profit was mostly from capital gains.Good one duke!!duke wrote:
http://www.investopedia.com/terms/s/settlement_period.asp#axzz1Q9unmWEu
In the U.S., the settlement date for marketable stocks is usually 3 (three) business days after the trade is executed, and for listed options and government securities it is usually 1 (one) day after the execution.
Do you think we should implement the T+3?
rijayasooriya wrote:
Sorry to tell u this....Submiting large number of posts and becoming so called assistant vice president(this is not applied to others) does not mean that u are a super expert.
If u tell that forced selling is not happening in our share market either u do not have common sense and experience or u are supporting our top head lady's regime.
duke wrote:econ wrote:rijayasooriya wrote:I thnk T+5 day rule is the worst as it causes the forced selling and bring down the market.econ wrote:I think bear market will change to bull market if SEC allows credit to the brokers. it is due to the credit restrictions that market become bear.
exceptional growth of CSE in 2009 and 2010 can be mostly attributed to the broker credits and increased investor confidence of finishing war.
If credits are allowed without much restriction market will have a bull run.
If credits are totally cancelled market will move up slowly...at least it will not come down like this.
With this T+5 day rule we can not have much hope.
agreed.. T5 is the worst case.
http://www.investopedia.com/terms/s/settlement_period.asp#axzz1Q9unmWEu
In the U.S., the settlement date for marketable stocks is usually 3 (three) business days after the trade is executed, and for listed options and government securities it is usually 1 (one) day after the execution.
Do you think we should implement the T+3?
What do u mean by company? If it is broker company then answer is CT smithtubal wrote:rijayasooriya wrote:
Sorry to tell u this....Submiting large number of posts and becoming so called assistant vice president(this is not applied to others) does not mean that u are a super expert.
If u tell that forced selling is not happening in our share market either u do not have common sense and experience or u are supporting our top head lady's regime.
Ok so which company is doing the forced selling?
rijayasooriya wrote:What do u mean by company? If it is broker company then answer is CT smithtubal wrote:rijayasooriya wrote:
Sorry to tell u this....Submiting large number of posts and becoming so called assistant vice president(this is not applied to others) does not mean that u are a super expert.
If u tell that forced selling is not happening in our share market either u do not have common sense and experience or u are supporting our top head lady's regime.
Ok so which company is doing the forced selling?
Roboticfx wrote:Dear csehistrion,
It seems that you do the job well as your nick name. (Exploring the past posts and renewing them)
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