5% down...

@Sihas005 wrote:

@RJ1010 wrote:End of a bloodbath... phew
What will tomorrow hold? Can’t get worse than today I hope

If you didn't sell today like other panic sellers,you are the true winner.
It was a trap,wasn't it?
Look at the sharp rise of prices at counters like DIPD at last 5 mins.
Also there weren't much sellers,for some the automatic stop loss may have activated.

Sold today? Hell no
Infact I bought a few need to think like the big players and play their own game
Last few mins I too noted there was an attempt to keep ASPI above 8000

@Sihas005 wrote:

@RJ1010 wrote:End of a bloodbath... phew
What will tomorrow hold? Can’t get worse than today I hope

If you didn't sell today like other panic sellers,you are the true winner.
It was a trap,wasn't it?
Look at the sharp rise of prices at counters like DIPD at last 5 mins.
Also there weren't much sellers,for some the automatic stop loss may have activated.

has someone noted the turnover just before the second market halt. technically what i wanted to know is "turnover" in last 13 minutes. i was busy with some other work so i was unable to capture that.

@RJ1010 wrote:End of a bloodbath... phew
What will tomorrow hold? Can’t get worse than today I hope

i noticed a quick price hike during last minute in some shares... when i opened the page it showed big loss around 2.20pm and when market closing loss reduced by 40%..

අදත් සියයට 5ක් down වෙයි වගේ

Yes very close to a halt

HALT

Im losing my patients....

What a free fall
No end in sight. It seems both credit clearance and panic.
I cannot understand why anyone should panic now? Not even during lockdowns people panicked like this.

No one expects this... Brokers should responsible for this crash.. They created

@RJ1010 wrote:What a free fall
No end in sight. It seems both credit clearance and panic.
I cannot understand why anyone should panic now? Not even during lockdowns people panicked like this.

may by a lot of novices have put what they had and Cr too at the top.. now Chuuuuuuu yanawa...

@abp1970 wrote:

@RJ1010 wrote:What a free fall
No end in sight. It seems both credit clearance and panic.
I cannot understand why anyone should panic now? Not even during lockdowns people panicked like this.

may by a lot of novices have put what they had and Cr too at the top.. now Chuuuuuuu yanawa...

True but if brokers sell off trying to clear credit the new investors will never come back to investing.
It has to be done in a manner with least impact to investors and the market

@RJ1010 wrote:

@abp1970 wrote:

@RJ1010 wrote:What a free fall
No end in sight. It seems both credit clearance and panic.
I cannot understand why anyone should panic now? Not even during lockdowns people panicked like this.

may by a lot of novices have put what they had and Cr too at the top.. now Chuuuuuuu yanawa...

True but if brokers sell off trying to clear credit the new investors will never come back to investing.
It has to be done in a manner with least impact to investors and the market

200%  agree...
yet these are "SHARKS"  not "Samaritans"..   We like "Lasuruz" picking the falling stuff...
Very sad...  This is the SLn icon from the ansesters...

@RJ1010 wrote:

@abp1970 wrote:

@RJ1010 wrote:What a free fall
No end in sight. It seems both credit clearance and panic.
I cannot understand why anyone should panic now? Not even during lockdowns people panicked like this.

may by a lot of novices have put what they had and Cr too at the top.. now Chuuuuuuu yanawa...

True but if brokers sell off trying to clear credit the new investors will never come back to investing.
It has to be done in a manner with least impact to investors and the market

very true, few days ago many new comers have been put money into CSE. i know they pick all counters at their recent highs. they have to suffer this due to inexperience and SEC poor regulatory. They will never come to CSE and let no one to enter.

අද නම් හම්බ උනා දොබෙන් යන්න,
Looks like somebody should intervene ,or atleast reassure

The major reason for the market downfall mainly due to:
1.Brokers misunderstanding the SE circular regarding monitoring extended credits
2.Removing restriction on Tiles and fittings which directly hit Tile shares and indirectly hit overall share market since Tile importers pulls out their funds from CSE to resume imports
3.Plantation wage increase
4.Brokers are not giving any more extended credit to clients
5.Brokers have removed the buying power based on portfolio and only cash basis

7.5% down වගේ....

@nuwanmja wrote:

@RJ1010 wrote:

@abp1970 wrote:

@RJ1010 wrote:What a free fall
No end in sight. It seems both credit clearance and panic.
I cannot understand why anyone should panic now? Not even during lockdowns people panicked like this.

may by a lot of novices have put what they had and Cr too at the top.. now Chuuuuuuu yanawa...

True but if brokers sell off trying to clear credit the new investors will never come back to investing.
It has to be done in a manner with least impact to investors and the market

very true, few days ago many new comers have been put money into CSE. i know they pick all counters at their recent highs. they have to suffer this due to inexperience and SEC poor regulatory. They will never come to CSE and let no one to enter.

BTW its good that DP counters are suspended on split. Yet this clould be a strategy to grab them at a lowest since the dividends are near..  Again a gain to the game handlers..  we too need to plan for it mates..

Yes ,one think sure new comers are never come to CSE.I was lucky enough to come CSE last yr may and still I was suffer from a loss my portfolio has 20% gain.This government will crash whole country.

Day traders can make a decent buck today...
if anyone got expo at 40 can sell at 45 now. So many other opportunities for day traders. I guess everyone is scared to buy/sell now!

Any getting LITE today at under 14 can easily sell above 15 after the rights are issued which is at 15.

@RJ1010 wrote:Any getting LITE today at under 14 can easily sell above 15 after the rights are issued which is at 15.

Provided investors have LIFE to do so.

5% අඩුවෙයිද... ෆුල් ට්‍රයි කට්ටිය...

YES YES

YES ACHIVED

@Wickyz wrote:YES ACHIVED

At least some one seems to be enjoying

WELDONE BOYS

So whats  next for today... another 2.5% down or we’l bounce back?
Last time Aspi hit 7200 levels it bounced back strong.

I feel that there will be buying opportunities for the next 2 days. Dont miss this chance.

@FireandWater wrote:I feel that there will be buying opportunities for the next 2 days. Dont miss this chance.

We can't predict this Sri Lankan market,I think the charts and analysis failed to guess this manipulation with a strong  help by SEC and CSE. Do not trust these people, everybody can see the damage they did to this market now. Even though all the companies showed their best results the Sri Lankan market (CSE) in big manipulators hands. The SEC letter fiasco drama witness all. They did it purposely to help them. These people do only harm to the Sri Lankan reputation in international investor community.