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Of psychological barriers
KNM
#1 Posted : Thursday, July 07, 2011 5:26:07 PM
Rank: Member

Joined: 10/28/2008
Posts: 41
Onslaught at NSE continues as stocks keep in the red with many counters-around 10-recording or breaking their 12 month lows. All-share index moving toward 3900 mark.

They say buy when there is blood on the street....but who is brave enough to jump into this bourse right now?Sad Sad Sad Sad Sad Sad
The crowd will cheer your coronation as well as your beheading. People like a show, that's all.
DtheK
#2 Posted : Thursday, July 07, 2011 6:44:44 PM
Rank: Member

Joined: 2/15/2010
Posts: 167
Location: Kenya
I thought the whole idea about stocks was to buy when it has hit the fan and it can't get any worse-using money you can afford to loose then sell when it's unreasonably high when everybody is waiting to see just how much higher it can go.
QW25071985
#3 Posted : Thursday, July 07, 2011 8:09:35 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
my fears are being confirmed as we head toward general elections more selling is expected and this might be the begining of things (worse) to come..Cash is King..
Sober
#4 Posted : Thursday, July 07, 2011 8:26:34 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
I agree, selling was expected as we head towards the unstable times. But, isnt it too early, if the ellections are to be held in august then we are offloading 12 months earlier?! Some things are not adding up here.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
lovely2010
#5 Posted : Thursday, July 07, 2011 8:32:24 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
Sober wrote:
I agree, selling was expected as we head towards the unstable times. But, isnt it too early, if the ellections are to be held in august then we are offloading 12 months earlier?! Some things are not adding up here.


Relax...its only temporary...the market will go up again b4 end month...then we will have a real bear...my animal instict!
QW25071985
#6 Posted : Thursday, July 07, 2011 8:40:27 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
i remeber guys saying they buy bargains as they see them....What a whack investment strategy....am market like ours thats so weak and uncertain how the heck do you even start by putting money in...I amnt touching anything untill next year...
just coz stocks are low doesnt mean you buy them they cld go even lower. as happening now...
ave put my breaks on getting a.k coz i see it heading south futhure..lets see..
Sober
#7 Posted : Thursday, July 07, 2011 10:10:07 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
lovely2010 wrote:
Sober wrote:
I agree, selling was expected as we head towards the unstable times. But, isnt it too early, if the ellections are to be held in august then we are offloading 12 months earlier?! Some things are not adding up here.


Relax...its only temporary...the market will go up again b4 end month...then we will have a real bear...my animal instict!



you are talking of the bourse going down and then regaining at the end of the monthh, what will lead to the mimi-bull...
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
lovely2010
#8 Posted : Thursday, July 07, 2011 10:34:09 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
Just trying to psyche up...anyway...if we have started the bear we have options to exit now and buy when the shares are very low... In this way, you will be able to buy many shares compared to what you are holding right now. take a close look on daily highs and lows of each counter so that we come up with an exit strategy...
Cde Monomotapa
#9 Posted : Thursday, July 07, 2011 11:19:23 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Sober wrote:
lovely2010 wrote:
Sober wrote:
I agree, selling was expected as we head towards the unstable times. But, isnt it too early, if the ellections are to be held in august then we are offloading 12 months earlier?! Some things are not adding up here.


Relax...its only temporary...the market will go up again b4 end month...then we will have a real bear...my animal instict!



you are talking of the bourse going down and then regaining at the end of the monthh, what will lead to the mimi-bull...

Half & Full year results.
Cde Monomotapa
#10 Posted : Thursday, July 07, 2011 11:24:13 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Which money is this that u ready to lose? smile just give it to me & see Laughing out loudly
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