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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Consolidation at 5000 and support at 4800

Consolidation at 5000 and support at 4800

+25
dayandacool
Invest-Wise
Promoney
SUSPENS
SANJAYANM
madukp
samansilva
Inthikahb M Wazeer
shihan 93
KavinduTM
xhunter
Teller
ErangaDS
INDY 500
anges
gayan1987
Mithooshan
hiransilva23
Eranga87
Bakka1988
Kipling
Champ888
RJ1010
samaritan
THASSIM
29 posters

Go to page : 1, 2, 3  Next

Go down  Message [Page 2 of 3]

ErangaDS


Manager - Equity Analytics
Manager - Equity Analytics
@Mithooshan wrote:
@THASSIM wrote:Last week I predicted the ASI to dip to 5,600. I know believe the index will dip further to 5,000 and support at 4,800. I don't want to comment on the severity of this wave but believe it will be curtailed but the impact on the market will be significant. I expect at least another market halts this week and it could be as soon as tomorrow. As investors, be prepared to buy the dip and if your running loses be patient as the market will correct itself gradually on it's journey towards a ASI 7000.

There is no way you could have *known* a dip where market fell to 5600 on a single day. For that, similar to doctor strange you should have seen the future. You could have predicted a drop but that too was a poor prediction.

ASPI fell due to covid and on the day you have shared this message no news about covid. If there was no Covid there could have been a correction but no way market would fall to 5600 levels.

You were just *lucky* or knew about Corona before it was published. If you were just lucky it’s okay but if you knew about Covid second wave beforehand then, I don’t know ! 🤭

You remind me of Srilankan Astrologers ! 😅 (not everyone but you know what i mean)

Champ888


Manager - Equity Analytics
Manager - Equity Analytics
I think 

I think THASSIM know this corona case even last Friday

THASSIM


Manager - Equity Analytics
Manager - Equity Analytics
Guys

I was just lucky to have liquidated since I have my exams around the corner and liquidated so I could focus. However the risk of a second wave was imminent and it was a major risk factor alongside Ruppe depreciation, GovSL debt and fiscal consolidation worries etc.

I am not telling I foresaw this but the risk was always present. I exited due to RSI being high and foresaw a market correction but things escalated when fear induced selling took place.

I am not telling to sell your stock but telling to consider buying the dip since opportunities like these are rare!

Teller and dayandacool like this post

samaritan dislikes this post

Teller


Moderator
Moderator
Buying at current price means , you will loose lot opportunities . This will come down 4800-4900 . This is the common answer i can give you those who asked from me.

samaritan dislikes this post

xhunter


Moderator
Moderator
@Teller wrote:Buying at current price means , you will loose lot opportunities . This will come down 4800-4900 . This is the common answer i can give you those who asked from me.
same person who told "wait", market will go down after 12th May (reopen) and same person who specifically said JKH will go down and touch 85 when it was 106/=

paid worker for giant collectors.

Eranga87 and ErangaDS like this post

Teller dislikes this post

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
My opinion is we must grab these opportunities as this downfall is just a mentality and sooner it will adjust to its previous levels. Collectors will be happy.

samaritan likes this post

THASSIM


Manager - Equity Analytics
Manager - Equity Analytics
I agree with teller. We are only sharing our views the index will drop to 4800 -4900. 

If you think it isn't - hold your stocks.

If you agree, get ready to collect at market bottom. 

Let's try to agree / disagree with logic rather than speculation & emotions. We could be wrong too and the index could shoot up-to 6000 again but my analysis of situation as of now is that 4800-4900 is wear support will tested given the current wave will be the most complex to curtail and we all know the consequences of curfews on the economy & thereby the capital market.

samaritan, KavinduTM and Mithooshan dislike this post

samaritan


Moderator
Moderator
@THASSIM wrote:I agree with teller. We are only sharing our views the index will drop to 4800 -4900. 

If you think it isn't - hold your stocks.

If you agree, get ready to collect at market bottom. 

Let's try to agree / disagree with logic rather than speculation & emotions. We could be wrong too and the index could shoot up-to 6000 again but my analysis of situation as of now is that 4800-4900 is wear support will tested given the current wave will be the most complex to curtail and we all know the consequences of curfews on the economy & thereby the capital market.
This is utter bullshit with an hidden agenda in order to create panic once again. Suggest you could buy what you sold at current price levels as the ASI wave is on the rise.


_________________




The biggest risk in life is not taking any risk at all.

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@THASSIM wrote:I agree with teller. We are only sharing our views the index will drop to 4800 -4900. 

If you think it isn't - hold your stocks.

If you agree, get ready to collect at market bottom. 

Let's try to agree / disagree with logic rather than speculation & emotions. We could be wrong too and the index could shoot up-to 6000 again but my analysis of situation as of now is that 4800-4900 is wear support will tested given the current wave will be the most complex to curtail and we all know the consequences of curfews on the economy & thereby the capital market.

Yeah i agree that we should make our investment decisions on logics rather than emotions. But what is the logic behind this downfall? No logics just stupid panic selling and negative mentality.

I decided to hold and collect more on thinking logically, Not on greedy and selfish emotions like some negative minds here.

samaritan, Kipling, judecroos and SANJAYANM like this post

THASSIM


Manager - Equity Analytics
Manager - Equity Analytics
I ignore samiratan since he doesn't understand the Dynamics of a market. I've read his comments elsewhere and he speaks rubbish frequently.

Kavindu,

What's the logic behind my claim?

1. This wave will be the most wide spread and difficult to control which will result in island wide curfews. You will know the concequences of a curfew on a market. Investors priorities change as they divest from 'Risk Assets'

2. Don't expect further Foreign inflows. SL's Foreign Currency of $7b will exhaust in the next 12 months due to settlements of outstanding capital / Interest. Without refinancing SL is in imminent danger.

I'm a financial analyst and this is what we do for a living. I've been right so far in all my posts (check it up) and it's your call to buy / sell / hold. However I understand, there is a possibility of me being wrong but it's very remote.


Kipling


Expert
Expert
I recall same thing was said about GR ending Tamil Tiger Terror. Do not feel bad one law on the way. All this MMA Burka Sharia Halal tata FOREVER

samaritan


Moderator
Moderator
@THASSIM wrote:I ignore samiratan since he doesn't understand the Dynamics of a market. I've read his comments elsewhere and he speaks rubbish frequently.

Kavindu,

What's the logic behind my claim?

1. This wave will be the most wide spread and difficult to control which will result in island wide curfews. You will know the concequences of a curfew on a market. Investors priorities change as they divest from 'Risk Assets'

2. Don't expect further Foreign inflows. SL's Foreign Currency of $7b will exhaust in the next 12 months due to settlements of outstanding capital / Interest.  Without refinancing SL is in imminent danger.

I'm a financial analyst and this is what we do for a living. I've been right so far in all my posts (check it up) and it's your call to buy / sell / hold. However I understand, there is a possibility of me being wrong but it's very remote.


You seem to understand Dynamics of market with your three quarter brains i suppose.
How are countries like India., Pakistan and Bangladesh with such massive population coping with covid???
Answer to this you clueless nut!

Don't pass personal slanders. Everyone in this forum have a right to express his or her opinion ok.



Last edited by samaritan on Wed Oct 07, 2020 5:43 pm; edited 1 time in total


_________________




The biggest risk in life is not taking any risk at all.

xhunter

xhunter
Moderator
Moderator
@THASSIM wrote:
I'm a financial analyst and this is what we do for a living. 


I thought you are a astrologer. If you are a financial analyst god should help to the firm or people you serve.

but i like that you are honest about one thing. "This is what you do for living"
This = mislead others.

read you own post carefully, what you think "logical" is 100% emotional. so your base is "this can not be controlled, country level lockdown will be imposed". that is something came into your mind somehow and it populates lot of emotions.

samaritan, KavinduTM and Mithooshan like this post

samaritan


Moderator
Moderator
@xhunter wrote:
@THASSIM wrote:
I'm a financial analyst and this is what we do for a living. 


I thought you are a astrologer. If you are a financial analyst god should help to the firm or people you serve.

but i like that you are honest about one thing. "This is what you do for living"
This = mislead others.

read you own post carefully, what you think "logical" is 100% emotional. so your base is "this can not be controlled, country level lockdown will be imposed". that is something came into your mind somehow and it populates lot of emotions.
I have read this guy Thassim's posts elsewhere also. The guy must be a half baked self proclaimed Financial Analyst. Consolidation at 5000 and support at 4800 - Page 2 Icon_lol 
One thing i know for sure is the guy extracts news from petty news web sites and 
posts bullshit!
The whole forum should ignore this guy who has weathered clay in his head. I don't show off like this petty guy. A true highly qualified professional will not show off.


_________________




The biggest risk in life is not taking any risk at all.

xhunter and Mithooshan like this post

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@samaritan wrote:
@xhunter wrote:
@THASSIM wrote:
I'm a financial analyst and this is what we do for a living. 


I thought you are a astrologer. If you are a financial analyst god should help to the firm or people you serve.

but i like that you are honest about one thing. "This is what you do for living"
This = mislead others.

read you own post carefully, what you think "logical" is 100% emotional. so your base is "this can not be controlled, country level lockdown will be imposed". that is something came into your mind somehow and it populates lot of emotions.
I have read this guy Thassim's posts elsewhere also. The guy must be a half baked self proclaimed Financial Analyst. Consolidation at 5000 and support at 4800 - Page 2 Icon_lol 
One thing i know for sure is the guy extracts news from petty news web sites and 
posts bullshit!
The whole forum should ignore this guy who has weathered clay in his head. I don't show off like this petty guy. A true highly qualified professional will not show off.

@Thassim, Brother i was working for two big conglomerates as a Financial Analyst. So don’t show off ! This is about logics. Not your profession.

@Samaritan - I really enjoy reading your posts and funny comments . 😂

THASSIM


Manager - Equity Analytics
Manager - Equity Analytics
Regarding me an analyst was stated not because I want to show off but to let you know i'm not making statements off thin air. We will revisit this topic in 2 week and let time decide who was right / wrong. Till then adios!

RJ1010 likes this post

samaritan


Moderator
Moderator
Stock markets are futuristic in nature. There are 'n' number of variables that affect a stock market. Unforeseeable events can never be accommodated in any technical or fundamental analysis.


_________________




The biggest risk in life is not taking any risk at all.

shihan 93


Senior Equity Analytic
Senior Equity Analytic
@samaritan wrote:Stock markets are futuristic in nature. There are 'n' number of variables that affect a stock market. Unforeseeable events can never be accommodated in any technical or fundamental analysis.
For this stress testing is used, Using historical data , futures possible result according to situation is calculated.

Inthikahb M Wazeer


Senior Equity Analytic
Senior Equity Analytic
Logic, fundamental....all only on paper.
You cannot evaluate the human sentiments and will power.
The people are now fed up of this covid-19 fear and they start to live normal. Do this will not go below 5200 as local market is positive as bank interest rates are low and this is a feasible investment

Zahara khan likes this post

samansilva


Manager - Equity Analytics
Manager - Equity Analytics
@Inthikahb M Wazeer wrote:Logic, fundamental....all only on paper.
You cannot evaluate the human sentiments and will power.
The people are now fed up of this covid-19 fear and they start to live normal. Do this will not go below 5200 as local market is positive as bank interest rates are low and this is a feasible investment
yes of course corona is well experience to sri lankans..

madukp


Expert
Expert
@Teller wrote:Buying at current price means , you will loose lot opportunities . This will come down 4800-4900 . This is the common answer i can give you those who asked from me.

working with hidden agenda as always lol!

Kipling likes this post

madukp


Expert
Expert
There are some people still dreaming to collect shares at the price which was traded on 12th May. They better realize there is no logic for the current downfall at all, and whoever fools, traders, game players, so call HNWIs trying to collect at bargain prices still no logic to fall market consistently. This artificial downtrend due to artificial selling + panic selling. All the fundamental shares are still at half price. Some have dreamt to collect JKH @ 80's still whining here Very Happy

Kipling likes this post

SANJAYANM


Senior Equity Analytic
Senior Equity Analytic
IT'S SO SIMPLE.
PEOPLE WHO HAVE MONEY WHICH WERE NOT INVESTED ARE WAITING FOR THE DOWN FALL OF THE 
MARKET.SO WAIT UNTIL 4800 AND START TO INVEST MONEY.

Teller

Teller
Moderator
Moderator
I work based on statistics some times calculus plus mathematics . I believe my self and no one need to follow me . simply Profit or loss bear by you as investors .😂


_________________




Teller said is said..

Kipling


Expert
Expert
Did Zaharan & Huckeem teach you?

samaritan


Moderator
Moderator
@Teller wrote:I work based on statistics some times calculus plus mathematics . I believe my self and no one need to follow me . simply Profit or loss bear by you as investors .:joy:
Isn't Calculus a branch of mathematics???Consolidation at 5000 and support at 4800 - Page 2 Icon_rolleyes


_________________




The biggest risk in life is not taking any risk at all.

KavinduTM and madukp like this post

xhunter

xhunter
Moderator
Moderator
@Teller wrote:I work based on statistics some times calculus plus mathematics . I believe my self and no one need to follow me . simply Profit or loss bear by you as investors .😂
Believe in your self is not a problem for us. what we should not tolerate is , you attempt to mislead , cheat others and get the benefit out of that. you can believe in you that you are doing right thing. but it is wrong.
If you use statistics, calculus for market analysis probably you are talking about quantitative finance.
it is not that hard to present those derivations to other forum members. but you never expose them. 
You are posting what you are paid for. but understand that it is wrong.

ErangaDS and madukp like this post

madukp


Expert
Expert
@Teller wrote:I work based on statistics some times calculus plus mathematics . I believe my self and no one need to follow me . simply Profit or loss bear by you as investors .😂


My major also computer and mathematics. And also study with principals, analyzing supporting levels based on RSI. Plus I do consider investor sentiment and news. since SL market is driven by it rather than technicals.

But surprisingly my readings deviating from yours! Maybe I am not doing this correct clown or are you a kind of speculator? just curious...

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@madukp wrote:
@Teller wrote:Buying at current price means , you will loose lot opportunities . This will come down 4800-4900 . This is the common answer i can give you those who asked from me.

working with hidden agenda as always lol!
This post will be deleted withing few days....

xhunter and madukp like this post

madukp


Expert
Expert
@SUSPENS wrote:
@madukp wrote:
@Teller wrote:Buying at current price means , you will loose lot opportunities . This will come down 4800-4900 . This is the common answer i can give you those who asked from me.

working with hidden agenda as always lol!
This post will be deleted withing few days....

of course Very Happy

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