..Gud people..with data running back to 2002..the cycle of the stock market is thus..simplified..finance stocks pick in prices late march/early April and then slow down as respective counters up/down with book closure dates.. Use wazua's stock profiler to prove this..
Depending on general market trend..whenever we had a bull run..finance stocks still dipped only to up slowly to previous highs..unless where corporate action such as bonus/splits/rights where concerned..and here the respective counters ignored trend of sector and market in general
where market was in slide..the continued down..hence why counters like kcb and equity where at some point at 33-35..ignore corporate action since 2007..
My point to
Aguytrying..DTK was an awesom buy at 103-118..while everyone was suspicious about it..and now when entire market has confirmed it is indeed a gud counter at those earlier prices..the lot that bought then is cashing in now.. my average buy-in price is 106..knowing about finance sector trend previously..why not cash in now?..just me.
Pointers from tsavo, Dry Assoc and AA...readying for deep in prices coming in second quarter..so most are taking in profits now to realign portfolios..as in start investing again in may..this is for short-term portfolios that are turned over annually..otherwise long-termers can just stay put and hold.
Aguytrying..hope hi sio proverb? will DTK go higher? Don't know..ain't a fortune teller..will it go lower? likely..past performance..plus good performance is expected on all finance counters so there's a cheaper bargain out there that one can put proceeds from DTK..
at
QW.. responding to your epithets demeans this platform. make your money and enjoy. I'm sorry for whatever i might have inferred to to incur your diatribe,
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version