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Market correction after Refurendum????
PKoli
#31 Posted : Friday, August 06, 2010 6:07:06 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
qw25041985 wrote:
Using my model i hav predictd the index to fall by 25 - 30 points on close of business today. As it dawns on people a minor correction is in place ....


It is up by about 7 points!
youcan'tstopusnow
#32 Posted : Friday, August 06, 2010 6:15:01 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
I guess qw will have to change his model. By the way qw, is it the same model you used to guide your foray into Eveready? Just thinking...
GOD BLESS YOUR LIFE
Wa_ithaka
#33 Posted : Friday, August 06, 2010 6:26:55 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
qw reminds one of a comment Kituyi made about Atwoli.
The Governor of Nyeri - 2017
youcan'tstopusnow
#34 Posted : Friday, August 06, 2010 6:38:26 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Wa_ithaka wrote:
qw reminds one of a comment Kituyi made about Atwoli.

Waithaka, si umaliziie! How can you leave us hanging like that?
GOD BLESS YOUR LIFE
Apple Bees
#35 Posted : Friday, August 06, 2010 7:42:45 PM
Rank: Member

Joined: 7/5/2008
Posts: 390
youcan'tstopusnow wrote:
Wa_ithaka wrote:
qw reminds one of a comment Kituyi made about Atwoli.

Waithaka, si umaliziie! How can you leave us hanging like that?



everytime he opens his mouth, he leaves no doubt that he has ****** between his ears
qw25041985
#36 Posted : Friday, August 06, 2010 8:53:32 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@Apple Bees. i will not abuse u ..just say what u want to say.....are u that shy... say and u'll also know i have a mouth to say also...asshole !
Your future depends on your dreams so go to sleep !
Much Know
#37 Posted : Friday, August 06, 2010 8:57:30 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
Easy on qw, at least he is sincere enough to post what he thinks, is positive and ambitious, loves stocks, let him make his blunders, its obvious he makes many mistakes but how many of us ventured out at his presumed age(born 1985). I remember when he first came to wazua under name 'techboy' looking for a job and received haughty responses right here. The guy will learn, mentor him rather than insult the guy.
Ras Kienyeji Man
guru267
#38 Posted : Friday, August 06, 2010 9:21:30 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
PKoli wrote:
Last year, there was a day when no single trading occured on USE!

That is amazing! In TZ, probably worse. Counters can go for months without being touched

The reason why the USE is inactive most times is because more than half of listed companies are also on the NSE and the other counters are too damn expensive
Mark 12:29
Deuteronomy 4:16
youcan'tstopusnow
#39 Posted : Friday, August 06, 2010 9:29:24 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Much Know wrote:
Easy on qw, at least he is sincere enough to post what he thinks, is positive and ambitious, loves stocks, let him make his blunders, its obvious he makes many mistakes but how many of us ventured out at his presumed age(born 1985). I remember when he first came to wazua under name 'techboy' looking for a job and received haughty responses right here. The guy will learn, mentor him rather than insult the guy.

Much Know, after reading your post, I searched for some old threads and let me just say I see what you mean.
GOD BLESS YOUR LIFE
slykat
#40 Posted : Friday, August 06, 2010 9:39:06 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
VituVingiSana wrote:
Tanzania is bure kabisa. I went there (DSE) & they would rather stay without biashara then have Kenyans.

I wanted to buy shares in a Bank but the price was too high using any metric. There was potential but only if you could buy at a lower price.

Offers at MAX (e.g. 11/-) price. Plenty of Offers.
ZERO bids on the Board. NADA. SUFURI.
I told the broker to bid at 10% less (9/-) which was the minimum. Even at 9/- it was too expensive so I bid for only 1,000 shares. I was willing to buy many more at 8/- or so.

Broker refused to bid... Told me ati, it is 'manipulation'... I said BULLSHIT... There are NO bids... If they want to sell they will sell... kwani? I am forcing them to sell?

Ultimately, I walked out... and I have NEVER looked at the lousy DSE again!

BTW, you can only buy certain shares... Kenyans can't buy TBL, BAT (T), etc...

Some time later, the price of the shares of the Bank I wanted to buy dropped like a rock... BURE KABISA...


@VVS

Correct me if am wrong, am beginning to suspect VituVingiSana is your investment model based on the economics law of averages; on average the only way is up... just wondering... apart from Merali is there anywhere u don't venture.... and on average are the rewards above 20%? Same model Alibaba uses? Talking of whom, anyone know where he is?
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