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WHAT TO DO IN A BEAR MARKET
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mufasa
#11 Posted : Thursday, March 10, 2011 4:02:37 PM
Rank: Member

Joined: 4/15/2008
Posts: 238
My 2 cents wrote:
If Nakumatt were having a major sale would we ask what to do?


DroolDrool Drool If this train leaves you, the next one might just be in 2012 or beyond.
Do it today! Tomorrow is promise to no-one.
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jimmy1
#12 Posted : Thursday, March 10, 2011 10:28:02 PM
Rank: Member

Joined: 2/11/2011
Posts: 240
Location: jamuhuri ya kenya
there was a similar thread in october 2008. My favorite quote is from a wazuan called young from lagos nigeria.......
"Plan to buy at a price that is far below your thinking,the kind of price YOUR BRAIN CANNOT COMPREHEND. It is far cheaper and less stressful to delay to buy at a good price than to buy and regret thereafter."
http://www.wazua.co.ke/f...aspx?g=posts&m=12380
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youcan'tstopusnow
#13 Posted : Thursday, March 10, 2011 11:33:58 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
In a bear, its not the worst thing to hold an OTC share, say CIC. Not really affected by current goings-on as they are not traded frequently. I bet the gang of PKoli, Sasha, TUPAC, Layman, etc can attest to this.
GOD BLESS YOUR LIFE
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VituVingiSana
#14 Posted : Thursday, March 10, 2011 11:45:58 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
Kwani? What difference does it make whether it is OTC or not...???

In a bear market the 'liquidity' for OTC shares dries up [just as kawaida] expect at lower prices... Simple!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Cde Monomotapa
#15 Posted : Friday, March 11, 2011 6:31:41 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
PROPAGANDA HII!! SELL, SELL, SELL!! Oh yes.. !!MARTHA KARUA FOR PRESIDENT!!
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erifloss
#16 Posted : Friday, March 11, 2011 8:05:17 AM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
Cde Monomotapa wrote:
PROPAGANDA HII!! SELL, SELL, SELL!! Oh yes.. !!MARTHA KARUA FOR PRESIDENT!!

I'd pick Peter Kenneth over Martha any day. His leadership skills are impecable when compared to Martha's so hold your horses and lets discuss business and not guys who sunk us down.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Gadaffi
#17 Posted : Friday, March 11, 2011 8:11:37 AM
Rank: Member

Joined: 2/13/2011
Posts: 284
Location: Nairobi
@ all,

why HOLD when the market is going down. If u have a stock that has already made good returns, just sell the stock and wait for ur favourite stock price to drop n then buy. my advice, jus SELL what u have already gained n then wait for a price dip 2 BUY another
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murenj
#18 Posted : Friday, March 11, 2011 11:21:15 AM
Rank: Member

Joined: 7/22/2008
Posts: 851
Location: nairobi
Gadaffi wrote:
@ all,

why HOLD when the market is going down. If u have a stock that has already made good returns, just sell the stock and wait for ur favourite stock price to drop n then buy. my advice, jus SELL what u have already gained n then wait for a price dip 2 BUY another

in the last bear I lost 52 percent of my portfolio value through this holding crap. I SOLD AT 15%loss and plan to re enter counters that have lost more than 30%.............same money more shares........more value...........
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moneydust
#19 Posted : Friday, March 11, 2011 12:16:31 PM
Rank: Member

Joined: 1/31/2007
Posts: 304
murenj wrote:
Gadaffi wrote:
@ all,

why HOLD when the market is going down. If u have a stock that has already made good returns, just sell the stock and wait for ur favourite stock price to drop n then buy. my advice, jus SELL what u have already gained n then wait for a price dip 2 BUY another

in the last bear I lost 52 percent of my portfolio value through this holding crap. I SOLD AT 15%loss and plan to re enter counters that have lost more than 30%.............same money more shares........more value...........


Before selling is always good to understand the cause and effect principle.Someone needs to tell us who are these people selling at such low prices and their motivation.Without understanding that one might find himself making all the wrong moves..
In the last bear the motivation was the credit crises in europe..

So whats the current motivation??? the facts must b right.
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mukiha
#20 Posted : Friday, March 11, 2011 1:24:44 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
You only lose when you sell!

Otherwise the loss is only conceptual...

So, EQT has dropped from 30 to 24, but its earnings were more than 50% up. Have you lost 6 bob or gained 50% in profits?

You only lose when you sell!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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