02-11-2005, 09:59 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by muqtader</i>
<br />hello there DT
well from ur reply it made me quiet clear about the index thing but what raised concern is that i was planning to invest in KSE lately but from ur reply i found some discouraging signs. So would you guide me in that regard ?
thanks [o)]
Muqtader Abbas Shah
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
I mean what is your motivation of trade(s)? Are you punting on the index to gain market insight or is this to generate income stream and/or capital gain?
Until unless I don't have answers to these questions I can't really comment on KSE as being a good market.
On the other hand, I don;t know whether any broker would allow you to trade on NYSE or LSE. But I think US and UK markets are but more mature and yeah both are going up lately. The January effect on FTSE (if I'm not wrong) has been UP, so if this theory has come credibility they saw the market would be up for the rest of the year. However, the election is coming up and there are other theories that suggest the market may not rally for long.
Of course, all this will have impact on emerging markets. How much? I don't know but I would think bit siggnificant this time considering alot of correlation and FX volatility.
Simple answer - I haven't trade on KSE therefore, can't guide you much. However, my experience of emerging market is tht there is sometime alot of 'random walk' as fundamentals aren't usually the drivers.
DT
<br />hello there DT
well from ur reply it made me quiet clear about the index thing but what raised concern is that i was planning to invest in KSE lately but from ur reply i found some discouraging signs. So would you guide me in that regard ?
thanks [o)]
Muqtader Abbas Shah
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
I mean what is your motivation of trade(s)? Are you punting on the index to gain market insight or is this to generate income stream and/or capital gain?
Until unless I don't have answers to these questions I can't really comment on KSE as being a good market.
On the other hand, I don;t know whether any broker would allow you to trade on NYSE or LSE. But I think US and UK markets are but more mature and yeah both are going up lately. The January effect on FTSE (if I'm not wrong) has been UP, so if this theory has come credibility they saw the market would be up for the rest of the year. However, the election is coming up and there are other theories that suggest the market may not rally for long.
Of course, all this will have impact on emerging markets. How much? I don't know but I would think bit siggnificant this time considering alot of correlation and FX volatility.
Simple answer - I haven't trade on KSE therefore, can't guide you much. However, my experience of emerging market is tht there is sometime alot of 'random walk' as fundamentals aren't usually the drivers.
DT
