if you are in panic then market ready. if not market is not ready to move(up)....
please give me your ideas.....l
Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
Chinwi wrote:This is not panic. People are studying.
If panic then no problem . Studying is the problem.
stockback wrote:are you panic?
if you are in panic then market ready. if not market is not ready to move(up)....
please give me your ideas.....l
Chinwi wrote:This is not panic. People are studying.
If panic then no problem . Studying is the problem.
stockback wrote:
please tell me your idea about turning point for next run...
Chinwi wrote:Chinwi wrote:This is not panic. People are studying.
If panic then no problem . Studying is the problem.stockback wrote:
please tell me your idea about turning point for next run...
This is the most difficult question .
I cannot remember this kind of situation for last 3 decades of my Stock exchanging life.
We had bombs exploding everywhere , cyclones , tsunami, President of the country killed by terrorists, Indian Parippu drop from air and still we could see some sort of direction regard to stock exchange. Within short period of time from an incident stock market corrected or adjusted back to its path.
The main difference is from now and then was irrespective if the ruler or ruling party they took positive or intelligent steps most of the times w.r.t economy of the country.
I have never seen this kind of utter foolish economic management in this land for this much of prolonged time period.
When they chased away Chinese I wrote against it . That was the main self made disaster of this government . Financial crisis triggered with that foolish egoistic act.
Many people thought and blamed me of doing politics.
Then I wrote against super gain tax. That was the second red signal emitted by these visionless bureaucrats. It told the best workers that if you work hard and earn money and pay biggest tax to us then we penalize you by imposing further tax.
Still people thought I was doing politics.
The list continues.
Day by day these people are doing opposite of what we wanted. Sometimes I wonder some key fellows are -behaving like- agents of the defeated regime.
Hence at the moment no one can imagine any sort of answer about the future.
Due to good efforts of the Private sector and with their positive results I hope there will be no big downfall in first 6 months. Last 6 month may show the outcome of the shrinking economy due to taxes and time and money wastage of government and private sector workforce -without much work- etc.
2017 to 18 is the critical year for this country.
If the government managed 2017 at least at current levels - economy , political stability , communal harmony etc. - then there should be a much healthy situation thereafter.
At the moment I am shifting to low gear export oriented businesses with low beta values and moving away from big ventures.
If we face big disaster at the end of 2017 then we have to settle down for the next boom , probably after few years time.
Similar topics
Permissions in this forum:
You cannot reply to topics in this forum