Jan
16
Online Live Trading Session (16/01/2009)
Posted by abasits | Posted in Daily KSE, KSE Advice, KSE Crunch, KSE Live Update, Karachi Stock Exchange | Posted on 16-01-2009
AOA !.,
Good morning but with the bad news
, here we start:
- Once again the -ve trend has hijacked the Market capital, and another crash occurred.
- -249 and you can understand what would be the situation? ALL RED.
- No of trades are quite low as well.
- Almost every scrip is at its Lower Lock.
- Speechless behaviour can’t express my feelings, really crazy stuff.
- The scrip that had a superb time has also gone to negative today, SNGP.
- Now, you tell me guys, what technical analysis or other research would do ? KSE is un-predictable, can’t even tell what would happen in day trading, so how could you easily say about long term investment ?
- Even the companies with the high earnings & having a good report could not save themselves from the fall. Now, the situation is same and almost each & every share is at its low, whatever you pick will definitely go to peak in 1-2 year time. ( General Philosophy )
- KSE looks like the time when we were at freezing days, no buying, only sellers want to sell their stuff, which is a real Bad Sign. And KSE 100 index droped to 5521.96 points, going further down.
- I think, there is nothing to say more, so I am going to sign off.
- We hope for the better in the coming week, so keeping our fingers cross.
Will talk you soon, inshallah.
Allah Hafiz,
-abs



oh God, wats happening here? Simply no clue. I beleive there is some bad news which isn’t disclosed yet because Pak-India tension cannot be the reason…there is something which is pushing ppl to sell there holdings at such a large scale…I thought the coming decrease in discount rates at the end of this month will attract investors..but all my predictions go wrong…:(
Today I have heard in a TV show that the market may come down to 2000-3000 index point….whoops do I need anything else to say?
nnooo, which show ????