The country situation has deteriorated further with last night’s events and the market may have reacted to it earlier with the unusual slide witnessed last month with it accelerating yesterday. The margin calls have further snowballed and the small investors are about to get wiped out with a totally irrational market that is being kept open with no solutions by the decision making officials at the SEC, CSE or the CSBA. The horrendous power cuts are hampering the thousands of small online traders from accessing the market and it is no longer a level playing field for many of the small timers and new entrants. Hence the direction of the .market in the next couple of weeks will solely depend on fear sentiment and with no action taken by the authorities surely there will be more blood shed in the market.
