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Are we in a bull market?
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sparkly
#1 Posted : Monday, November 22, 2010 8:09:29 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Interest rates at rock bottom, stocks popular again, most stocks trading at pe > 15, numerous rights issues and placements... Time to exercise caution lest you be left holding a monkey!
Life is short. Live passionately.
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My 2 cents
#2 Posted : Monday, November 22, 2010 9:16:59 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
Market index is at 4500 and you are asking if we are in a bull market???
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astute
#3 Posted: : Monday, November 22, 2010 10:27:41 AM
Rank: Member

Joined: 3/24/2010
Posts: 101
Location: Nairobi
My 2 cents wrote:
Market index is at 4500 and you are asking if we are in a bull market???



so what do you imply??
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My 2 cents
#4 Posted : Monday, November 22, 2010 10:31:58 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
I will consider it a bull market when index is way above this level and daily turnovers over a long period are about 800M and above. As in when there is a lot of buzz about shares. When even the watchman at the gate is asking 'leo safaricom share in pesa ngapi?'
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qw25041985
#5 Posted : Monday, November 22, 2010 11:34:36 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
wat kind of a dumb question is this .no pun intended and with insight that the stock market invbestment isnt everybody's cup of tea this question and this thread as a whole is abusive to the shrewd Wazurian.I would recommend the admins of this site to delete it A.S.A.P.
I am so offended by this question that i willnt even answer it...nkt.nkt.nkt.
Your future depends on your dreams so go to sleep !
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Sober
#6 Posted : Monday, November 22, 2010 11:41:04 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
My 2 cents wrote:
I will consider it a bull market when index is way above this level and daily turnovers over a long period are about 800M and above. As in when there is a lot of buzz about shares. When even the watchman at the gate is asking 'leo safaricom share in pesa ngapi?'


but safaricom is the counter at the bourse which most people bought into (including mama mboga). a question on safaricom doesn't mean someone knows the NSE.
a pal of mine was thinking that if he sees 16mn, that is the amount the company got for that day. so he asked, ''dont people call using safacom on weekends?''
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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astute
#7 Posted : Monday, November 22, 2010 11:52:44 AM
Rank: Member

Joined: 3/24/2010
Posts: 101
Location: Nairobi
qw25041985 wrote:
wat kind of a dumb question is this .no pun intended and with insight that the stock market invbestment isnt everybody's cup of tea this question and this thread as a whole is abusive to the shrewd Wazurian.I would recommend the admins of this site to delete it A.S.A.P.
I am so offended by this question that i willnt even answer it...nkt.nkt.nkt.



What is the fuss about?? Stock market is all about perceptions....!! very few pple follow fundamentals..
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My 2 cents
#8 Posted : Monday, November 22, 2010 11:55:10 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
When there is a raging bull market, it will be evident. There will be no need to ask this question. It will be like asking is the sky blue?
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Wa_ithaka
#9 Posted : Monday, November 22, 2010 12:18:03 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Nope.
Bull market was early 2010.
The Governor of Nyeri - 2017
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the deal
#10 Posted : Monday, November 22, 2010 3:32:24 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
We are in a bull market..the corrections have been shallow and shortlived...!
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