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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » European and US stock markets fall again

European and US stock markets fall again

+3
wallstreetguy
windi5
sriranga
7 posters

Go down  Message [Page 1 of 1]

1European and US stock markets fall again Empty European and US stock markets fall again Wed Aug 10, 2011 9:29 pm

sriranga

sriranga
Co-Admin

European and US stock markets have begun to fall again, led down by steep declines in European banking shares.
In nervous trading, the focus turned to France, where the French government denied it would follow the US and lose its top-grade AAA credit rating.
To read full text...........................
http://www.bbc.co.uk/news/business-14472079

http://sharemarket-srilanka.blogspot.co.uk/

windi5

windi5
Moderator
Moderator

Asian Mkts might follow this trend tomorrow Sad

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

defenitely, its like the wind, and there is a garuntee we will fall to the pit. It will be like 2008, but much effective i suppose. These relaxing credit periods and so much other nonsense taking place, the SEC in colombo wants us to distract from whats happening form reality.

my broker said that they having the meeting today, my question is since when were they planning.? Lack of professionalism I would say, and partly propagandic.

some of us in this forum doesnt think out of the box nor have opened their eyes. The market is falling, but we try to prevent it going from direct free fall, because it looks bad for us, so there will be few rebounds, and back to the ground.

gold rose 1800 an ounce, what does this tell you, the money markets are getting weaker and weaker, where precious metals and commodoties gain strength.

Im a trader and a long term investor. My analysis, ASI will hit below 6200. Its not only us in this forum who runs the market, we contrubute, but there will be a point in the near future, where eveyone will panic, and save cash. Big players are waiting for this moment, to come to the starting point of the cycle.
Entering now? I wouldnt in my case, I sold few at a loss, I feel bad for selling at a loss, but I would know, I will not regret it, for whats going to happen in the next few days, I would use thta capital, to but storng fundamentals at a very discount price,
and thats it, i will close my eyes, and let it grow.

salim


Stock Trader

nice try wallstreetguy, u r the manager here in this forum n u only do long term trding,hw funny,just mention which big guy u represent.
"I wouldnt in my case, I sold few at a loss, I feel bad for selling at a loss, but I would know, I will not regret it, for whats going to happen in the next fewdays" nice quts u use n nice language too,u guys desrve to collect lower cz of these fool panic sellers,anyway ASI will hit 7000 soon

insidertrader


Manager - Equity Analytics
Manager - Equity Analytics

I remember somebody saying in this forum, CSE shares go up because of credit rule changes. There was a post in the jokes section.

Newby


Stock Analytic
Stock Analytic

When European stock market falls, the investors would seek some other markets to invest...!, so why would we get panic and sell at a loss. Those foreign investors would probably try to invest in our markets as we are not yet facing any recession...!.
Think positive ... cheers

windi5

windi5
Moderator
Moderator

Europe and American Mkts are up today

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics

Every major European and American market is up today; the S&P 500 is up by 4% at the moment!

http://money.rediff.com/indices/world

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