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GROSS DOMESTIC PRODUCT (GDP)
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Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 10:48 am
samaritan likes this post
Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 10:59 am
Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 10:59 am Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 1:20 pm
@Thassim,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.
Last edited by KavinduTM on Thu Oct 08, 2020 1:22 pm; edited 1 time in total (Reason for editing : Spelling Mistake)
samaritan, ErangaDS, xhunter, RJ1010, Champ888 and SANJAYANM like this post
Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 2:24 pm
Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 2:43 pm
Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 2:56 pm
@THASSIMTHASSIM 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.
Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 3:06 pm Re: Consolidation at 5000 and support at 4800 Thu Oct 08, 2020 3:18 pmChamp888 wrote:Yes. If he had done some analysis, irrespctive of covid situation today too this market should go down. But market went like a rocket.
KavinduTM and judecroos like this post
Re: Consolidation at 5000 and support at 4800 Fri Oct 09, 2020 8:25 amsamaritan dislikes this post
Re: Consolidation at 5000 and support at 4800 Fri Oct 09, 2020 8:39 amADVENTUS dislikes this post
Re: Consolidation at 5000 and support at 4800 Fri Oct 09, 2020 9:06 am
Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 2:08 pm Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 2:44 pmJunior investor and geesura like this post
Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 3:02 pm Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 3:16 pm
Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 3:21 pm
Last time market drop was due to panic selling triggered by an event. it was so obvious that market will recover.Quibit wrote:When I tried to educate the investors about the downturn I was rediculed by few
Members. As a result I kept silent. I will continue to remain silent.
Last edited by xhunter on Wed Oct 21, 2020 3:38 pm; edited 1 time in total
Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 3:23 pm Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 4:40 pm@THASSIM,THASSIM wrote:Guys, tighten your seat belts. The journey has begun. The wise who have uninvested cash, there will be a shopping spree soon. The pandithaya's, burn through your investment.
Zahara khan dislikes this post
Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 5:40 pm Re: Consolidation at 5000 and support at 4800 Wed Oct 21, 2020 5:55 pmSometimes you are more vulnerable to be bitten by dengue mosquito if you stay indoors. Better get onboard a boat and be at sea, that's the best i suppose.anges wrote:better sell if you cant hold ....dont buy rubbish ...buy good shares with good fundamentals ....stay safe ..stay indoors
Re: Consolidation at 5000 and support at 4800 Wed Nov 04, 2020 10:19 am
RJ1010 likes this post
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