mlennyma wrote:mkate_nusu wrote:wukan wrote:Uhuru and his economic advisers grossly underestimated portfolio forex inflows. Waiting for the carnage to extend to the forex markets
Best to hold on to forex as USD bulls get fired up with capital exit from the market.
These guys at the helm will continue leading our economy to the dumpsters for the foreseeable future
the 5 leading banks and safcom stocks are strong paths of foreign inflows ,
Safcom taking a normal correction after failing to breach 22.It has seen huge volume trades at 21.25 the last four days (80M shares traded).I sold yesterday
21.75 might be the highest traded price.It has not been affected by the banking flu otherwise we would be seeing supply in the tens of millions.
Will money flow from banking stock to Safcom ?
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”