Want to share

[Maharaja]

This was a message I gave for a member who had a question about market direction, I think others can also learn from it. So I am sharing


Give me 2 reasons why market must not turn.

quickly the best reasons u think can be ..

1.) BOP issue & volatile exchange rate ? 2.) Interest rates ?

Check interest rates during 2009/10 rally from ASI 1600 - 7800.
When Interest rates go up, it will stop foreign outflows from bonds. Then exchange rate also stable.
Also credit was growing too fast in SL, those were the reasons for interest rate hikes.

We had BOP issue from days we were born. IMF will give help by this month or April. Then BOP issue and exchange rates will stabilise.
I see fitch downgrade as good (in their analysis they didn't consider IMF support, so they had to downgrade), now we can ask for IMF help more. ADB gave 247/8 Mn USD. How do u think megapolis will get money to build if we have such a big BOP issue ?? ADB agreed to give 2 Bn USD for next 3 yrs for development. So slowly when we need , world will invest due to good foreign relations.

How will world invest ?

1.) FDIs

2.) India is going to be the best economy in the next years, and through India we will develop. ETCA agreements will bring indian investments. PM and guys will go to China and sign another trade agreement. So we will be helped internationally. Iran came and signed to offer better oil conditions. We hav to pay 4Bn USD as loan repayments. Many are from China, so with this month's visit our guys will try to postpone those repayments, then again BOP issue will reduce.

Current situation is bad, but future is good ;

How I say like that ?

Some players want to collect at low levels. They tried spreading bad news but Technically market did not break ASI 6250. With the Fitch downgrade, they brought it down. Then margin calls start. Even today most were margin calls. If you are full time in the market you notice 5 mn shares JKH went 159-160 this week, today traded more than 4 Mn at 155 level. fools don't buy JKH, if situatioin is bad like many think buyers for JKH will come at 150 level. ALso look at world markets, all UP UP, crude oil UP
CSE down ?? ask the idiots who followed world market why CSE is not following world markets now.

What you must watch ?
After china tour , Port city will start, so Buy AEL at 20 and keep, sell 24/-

Goodluck
Maharaja

[Hybrid]

You sound like a MR (Maha Raja)supporter in the way you write.

Goodness, what is your game plan anyway?

When multiple factors affect a small market like LK the impact is severe and long lasting. Please panic and make the rashest decisions bring down every share.

[Maharaja]

I don't talk about politics. Only about market.

Game plan - Make profits & help small retailers also make a profit