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Finally sold my last holding in the NSE
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BGL
#31 Posted : Tuesday, August 09, 2011 7:34:52 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
guru267 wrote:
QW25071985 wrote:
So some of us think we will see a rally ,really. With the current high political temp in the country?even if this global selloff stops.am hard pressed to see where demand will come from to cause a rally.
Thats why i believe low ,very low prices are coming.


The current Political tempo is just hot air..

As soon as Uhuru and Ruto hear their charges in september and step down by force then everything will cool off and Kenyans will prepare to elect RAO into office peacefully in 2012/13..


This has nothing to do with Siasa if you watch CNBC and Bloomberg then you can know the direction all the markets have taken. This thing started last week when S & P downgraded the US Credit rating from AAA to AA+.

But i am not selling though i do not know how soon i will start buying. Where is YBC!! Infact i am thinking of accumulating Gold.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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guru267
#32 Posted : Tuesday, August 09, 2011 7:36:37 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Aguytrying wrote:
Im fully in. waiting for kenol kobil. at 8.00. ha ha. sounds ridiculous?......... just look around you.


Stock markets do not fall indefinitely!! If you feel the stock is cheap now then buy NOW!

The market can never fall to the level you find ideal.. Never!! God doesnt work like that
Mark 12:29
Deuteronomy 4:16
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the deal
#33 Posted : Tuesday, August 09, 2011 7:37:21 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Like i said in my note yesterday Shares widely held by foreigners will lead the slide...this is 1st sell off..i expect a real 2012 sell early next year..
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guru267
#34 Posted : Tuesday, August 09, 2011 7:39:40 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Like i said in my note yesterday Share widely by foreigners will lead the slide...this is 1st sell off..i expect a real 2012 sell early next year..


When Uhuru and Ruto are out of the presidential race after events set to take place in september then 2012 will be even more calm than 2010/11...
Mark 12:29
Deuteronomy 4:16
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Cde Monomotapa
#35 Posted : Tuesday, August 09, 2011 7:48:05 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
guru267 wrote:
the deal wrote:
Like i said in my note yesterday Share widely by foreigners will lead the slide...this is 1st sell off..i expect a real 2012 sell early next year..


When Uhuru and Ruto are out of the presidential race after events set to take place in september then 2012 will be even more calm than 2010/11...

@guru we r in agreement a lot today. I've preached the same.
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Cde Monomotapa
#36 Posted : Tuesday, August 09, 2011 8:18:52 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
People need to understand that ever since PEV, the security & intelligence compliment was grown exponentially!! wait for violence @ ur own expense. Elections are over after Obaks hands over to the next Prezz, I know he won't entertain crap again.
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erifloss
#37 Posted : Tuesday, August 09, 2011 8:35:20 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
I think we haven't seen the last of this sell-off yet. Smart money is on other investments & will check in much later.
'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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youcan'tstopusnow
#38 Posted : Wednesday, August 10, 2011 12:12:56 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
Just came back from a round of golf with sme heavy dudes. Certain counters will be mopped up kesho.


Nkt! Kwani you were talking heavy in terms of weight?
GOD BLESS YOUR LIFE
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