TODAY GREEN DAY

sisira.wijeweera · 1 TODAY GREEN DAY Tue Feb 14, 2012 12:53 am

sisira.wijeweera

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TODAY GREEN DAY:) Smile

Roboticfx · 2 Re: TODAY GREEN DAY Tue Feb 14, 2012 12:57 am

Roboticfx

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I also think!

prasa2004 · 3 Re: TODAY GREEN DAY Tue Feb 14, 2012 3:17 am

prasa2004

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Agree. Index will rise 50 plus as else margin calls have no buyers in order books.

Slstock · 4 Re: TODAY GREEN DAY Tue Feb 14, 2012 3:20 am

Slstock

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Looking at RSI of market and individual stocks unless panic selling again like crazy, today or tomorrow should hopefully end a green day. But all depends on margin calls and investor sentiments. RSI can keep going lower if we keeping on selling. I think last thursday there were signs of recovery but during the weekend more bad new started coming people joined in to make more misery for ourselves.

Note foreigners are on a rather consistent buying side since the new year and specially the last few days. ( ofcourse there were some selling but buying is more). Have to reluctantly even say these guys seems to have a better experience and less emotions to pick shares during right times looking at the past history.

We Sri lankans panic too much and act on extremes. Our emotions run high.We have taken the crown on worst performing in Asia ( maybe the world)

Atleast I see BSE even bigger at going on at extremes. Their market went up nearly 7% 2 days. Hope they do not sell of 4-5% in a day for their sake!

Retailer wake up, is our company performance that bad. I see this quarter overall performanc of companies so far has been very good. Market PE is going to hit 10-11 sooner than later at this rate. If we take out some overvalued section and shares lot of companies are trading on or below PE 0f 10. Many share are trading below NAV.