Outstanding October!

heroxhere · 1 Outstanding October! Mon Sep 28, 2020 7:35 am

heroxhere

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After an amazing run in September, we're all now gearing towards an outstanding October. Cheers to our well grounded hopes of ASPI hitting 6,000 and journey towards its next thousand. Also, the fundamentally strong reports that would come out this month would further reassure us what we already know!

Kipling · 2 Re: Outstanding October! Mon Sep 28, 2020 7:42 am

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Herox
Do you think we will hit6000 by end this month.
7000 end October too ambitious??

heroxhere · 3 Re: Outstanding October! Mon Sep 28, 2020 8:02 am

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Going by the stats, assuming trading patterns remain the same as September, we should hit 6000 by or before 7th-Oct. Historically, the ASPI reached an all time high of 7863.74 in February of 2011. We're not too far away from breaking history too my friend.

Kipling · 4 Re: Outstanding October! Mon Sep 28, 2020 8:10 am

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Herox
Thank You.
Based on everything I have been reading I think ATH breaking will happen this year. Do you agree?

heroxhere · 5 Re: Outstanding October! Mon Sep 28, 2020 8:18 am

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I believe we would hit 7,000 this year and break ATH just right after. This is based on my analysis of the last two months' performance of the ASPI. If the Bull rams even harder changing the playing field even more, then I would agree with you.

Kipling · 6 Re: Outstanding October! Mon Sep 28, 2020 1:07 pm

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Herox
We hit 6000 today.
I am sure you have revised targets.
Please give Target for
1. End September
2. End October
3. End December
Thanks

samaritan · 7 Re: Outstanding October! Mon Sep 28, 2020 3:52 pm

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We can look forward to a "Novel November" too!

heroxhere · 8 Re: Outstanding October! Fri Oct 02, 2020 5:59 am

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Kipling wrote:Herox
We hit 6000 today.
I am sure you have revised targets.
Please give Target for
1. End September
2. End October
3. End December
Thanks

Will have to see how the next few market days are and then form an opinion. I'm positive.

heroxhere · 9 Re: Outstanding October! Mon Oct 05, 2020 6:16 am

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Today is when October will be put to its real test. We broke through our own records after the first wave. I believe the noise that's caused now will be something we could shrug off easily. On average, the ASPI gained approx +30 pts a day last month (Lets call it 1R). Being optimistic, I think ASPI won't even slip less than 1R. Whatever the dip, if any, we'll most certainly recover in a matter of few days.

123longway · 10 Re: Outstanding October! Mon Oct 05, 2020 12:53 pm

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Often there is a lot of speculation regarding the market these days. Apparently the market has not stabilized yet.

The outcome of the 20th amendment will decide the plus or minus, until then, it will drift aimlessly.
Let us hope for the best.

heroxhere · 11 Re: Outstanding October! Mon Oct 05, 2020 10:20 pm

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Found this well written piece by Fundalyse that's worth a read:

Did you know today was the largest single-day drop ever recorded in CSE? ⁣
⁣
While most of us were being greedy on Friday buying on margin and being very optimistic about this week, the weekend came to us with a surprise and fears. Playing Eminem's Without Me out loud, COVID19 returns with a bang and this time via community spread. Baffled and unable to find the source since tourists are extinct in Sri Lanka for now, a factory worker from a leading apparel firm from Gampaha found to be positive out of all the things she could be positive about in life.⁣
⁣
While we were trying to picture the worst-case scenario on Monday, the market delivered our deepest fears. As they say, you become what you think. ⁣
⁣
As officials are trying their best to calm the country down, the number of cases continues to rise and have spread to distant parts of the country as we write this post. We can imagine how many women and men have ended up feasting on her homemade lunch. Such images will result in a further drop in the index at this moment.⁣
⁣
The market is under a dark cloud presently being all nostalgic on the ugliest memories just a few months ago, it fears the scenario could repeat and make things worse crippling the country further. It was like yesterday that #cse was the best performing exchange for September, unfortunately, Thanos appeared and flicked his fingers and no avenger or big whale came to the rescue. This is not going to be an Outstanding October.⁣
⁣
At this point, it's hard to say where the dust will settle as the selling pressure is high by the bears and the bulls aren't having enough strength to push back. The market was reaching highs quite fast which seemed unhealthy too and contrarians were expecting a correction. This was the long due catalyst. As long as uncertainty and fear of lockdowns loom around, the market could make your portfolios bleed deeply. Sheryl Crow says the first cut is the deepest. She hasn't seen what CSE is capable of.⁣

heroxhere · 12 Re: Outstanding October! Tue Oct 06, 2020 11:38 am

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Cheers to us, Quite an exciting month we've got in store gentlemen. Hang tight.

heroxhere · 13 Re: Outstanding October! Tue Oct 13, 2020 5:41 pm

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heroxhere · 14 Re: Outstanding October! Tue Oct 13, 2020 5:50 pm

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All top traded stocks today reached 52w highs!

heroxhere · 15 Re: Outstanding October! Thu Oct 29, 2020 1:57 pm

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What a Roller Coaster ride it was! October is definitely a month we'll all remember regardless of whether it was Outstanding or not.

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Outstanding October!

1 Outstanding October! Mon Sep 28, 2020 7:35 am

heroxhere

2 Re: Outstanding October! Mon Sep 28, 2020 7:42 am

Kipling

3 Re: Outstanding October! Mon Sep 28, 2020 8:02 am

heroxhere

4 Re: Outstanding October! Mon Sep 28, 2020 8:10 am

Kipling

5 Re: Outstanding October! Mon Sep 28, 2020 8:18 am

heroxhere

6 Re: Outstanding October! Mon Sep 28, 2020 1:07 pm

Kipling

7 Re: Outstanding October! Mon Sep 28, 2020 3:52 pm

samaritan

8 Re: Outstanding October! Fri Oct 02, 2020 5:59 am

heroxhere

9 Re: Outstanding October! Mon Oct 05, 2020 6:16 am

heroxhere

10 Re: Outstanding October! Mon Oct 05, 2020 12:53 pm

123longway

11 Re: Outstanding October! Mon Oct 05, 2020 10:20 pm

heroxhere

12 Re: Outstanding October! Tue Oct 06, 2020 11:38 am

heroxhere

13 Re: Outstanding October! Tue Oct 13, 2020 5:41 pm

heroxhere

14 Re: Outstanding October! Tue Oct 13, 2020 5:50 pm

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15 Re: Outstanding October! Thu Oct 29, 2020 1:57 pm

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16 Re: Outstanding October!

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