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Market headed south
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Sober
#1 Posted : Monday, August 24, 2009 6:47:00 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
Looking at the monday prices i see that most of the counters dipped and not with small margins as compared to the share prices that rose. Any explanation!

A likely impossibility is always preferable to an unconvincing posibility.
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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murenj
#2 Posted : Tuesday, August 25, 2009 3:16:00 AM
Rank: Member


Joined: 7/22/2008
Posts: 851
Location: nairobi
The most affected are those trading ex dividend. Then there is this stop loss game. The good news is that the volumes involved are small.

Muthonwa a Agikuyu
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Kamaa
#3 Posted : Tuesday, August 25, 2009 5:28:00 AM
Rank: Veteran


Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
This is inevitable.. the market has to correct itself.. both south & north..

you've heard me..
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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