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PLAYING THE MARKET-A NEW YEAR RESOLUTION

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the deal		#151 Posted : Wednesday, June 02, 2010 6:20:06 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		i'm now made to believe @ stockmaster doesnt know what he is doing @ the NSE...
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VituVingiSana		#152 Posted : Wednesday, June 02, 2010 7:39:43 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		@the deal - @stocksmaster is UP 46%... in less than 6 months... The chap is doing a-OK in my book! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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sparkly		#153 Posted : Thursday, June 03, 2010 5:24:34 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		VituVingiSana wrote: @the deal - @stocksmaster is UP 46%... in less than 6 months... The chap is doing a-OK in my book! I second @the deal on this. The chap has made 46% but meanwhile the NASI has made 35%. This is no good. If he followed analysis by @mukiha, yourself, @guru etc the strategy should have made at least 80% by now. Life is short. Live passionately.
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VituVingiSana		#154 Posted: : Thursday, June 03, 2010 5:42:26 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		sparkly wrote: VituVingiSana wrote: @the deal - @stocksmaster is UP 46%... in less than 6 months... The chap is doing a-OK in my book! I second @the deal on this. The chap has made 46% but meanwhile the NASI has made 35%. This is no good. If he followed analysis by @mukiha, yourself, @guru etc the strategy should have made at least 80% by now. 1) He has accounted fully for all costs 2) If anyone thinks they can do better... how about putting the money where the mouth is... 3)IMHO, 46% in 5 months is great! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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muganda		#155 Posted : Thursday, June 03, 2010 5:48:05 AM
Rank: Elder Joined: 9/15/2006 Posts: 3,907		Hmmmn interesting... I can really fault @stocksmaster on one front: not keeping to his January 01, 2010. You've definitely not reported monthly as premised... But then again, who knows what tidings the sands and winds of time brings... 1. Is it possible @stocksmaster, like many of us return to who we are, you slipped back to your passive investment philosophy? 2. Or the purely margin trading aggressive approach was secondary to your objective of 50% of the principal amount? stocksmaster wrote: I took time today to assess my investment position in shares for the period January to December 2009. As a passive investor, i usually hold onto my purchases rarely selling to take advantage of price flactuations. This approach did not serve me well in 2009! I have always wondered wether a trader driven purely by margin trading can make money in the NSE (Without wiping all the gains in transaction fees!) So today, January 1st 2010, I have decided to try and test this model of stock trading (margin trading). I have set aside a trading float for purely speculative purposes and embarked on a project. BENCHMARKING: The progress of the project will be compared with the NSE index and reported monthly. The target 50% growth will also be a guiding factor.
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VituVingiSana		#156 Posted : Thursday, June 03, 2010 9:32:02 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		I agree with @muganda... where is the monthly reporting? On the other hand... it is easy to multiply the shares x price + add cash = value... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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the deal		#157 Posted : Thursday, June 03, 2010 9:47:55 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		VituVingiSana wrote: I agree with @muganda... where is the monthly reporting? On the other hand... it is easy to multiply the shares x price + add cash = value... my argument is @stockmaster promised to play the market...if thats the case then he has missed several busses i.e cfc @40,equity@15,the agrics...even KK@68...he got stuck to one count which has returned 4% in 3 month hehehe...then he dissappeared...where are those nice little updates....we miss them...i think he got lucky with his first play(MSC) must have been insider info...that brings me to something...is @stockmaster Merali...LOL...
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Gatheuzi		#158 Posted : Thursday, June 03, 2010 11:52:19 AM
Rank: Veteran Joined: 8/16/2009 Posts: 994		Lets give @ stocksmaster more time. After all he needs to preserve the gains by not just trading for the fun of it. However, we need to have his updates as promised. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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sparkly		#159 Posted : Thursday, June 03, 2010 3:22:07 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		VituVingiSana wrote: sparkly wrote: VituVingiSana wrote: @the deal - @stocksmaster is UP 46%... in less than 6 months... The chap is doing a-OK in my book! I second @the deal on this. The chap has made 46% but meanwhile the NASI has made 35%. This is no good. If he followed analysis by @mukiha, yourself, @guru etc the strategy should have made at least 80% by now. 1) He has accounted fully for all costs 2) If anyone thinks they can do better... how about putting the money where the mouth is... 3)IMHO, 46% in 5 months is great! Lets post our 2010 trades, strictly buys and sells in 2010... you will be surprised Life is short. Live passionately.
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VituVingiSana		#160 Posted : Thursday, June 03, 2010 4:17:23 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		sparkly wrote: VituVingiSana wrote: sparkly wrote: VituVingiSana wrote: @the deal - @stocksmaster is UP 46%... in less than 6 months... The chap is doing a-OK in my book! I second @the deal on this. The chap has made 46% but meanwhile the NASI has made 35%. This is no good. If he followed analysis by @mukiha, yourself, @guru etc the strategy should have made at least 80% by now. 1) He has accounted fully for all costs 2) If anyone thinks they can do better... how about putting the money where the mouth is... 3)IMHO, 46% in 5 months is great! Lets post our 2010 trades, strictly buys and sells in 2010... you will be surprised IMHO... he did what he had to do... and has done well... As for the rest, please show what u have or can do... Start with 1 June 2010 & show an actual start date, amount... then the trades incl all costs... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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