Mukiri wrote:the deal wrote:The question is when to exit without risking gains because of greedy.
I have suffered this one with Mpesa and Simba. Lesson was always ride the wave out, 10% drop get out.. that is if you are a speculator.
I'm not talking about premature exits (I hope u dont get offended)

I'm talking about the rally itself...valuations & the inflation cycle etc...one thing I know for sure is stocks & inflation are enemies...perhaps the best indicators are inflation & Dividend Yields i.e Inflations bottoms & starts going up...DY's fall to less than 2%...at that point its useless to put money in stockz..it so easy to get caught up in the euphoria...I value exits more than entries...cos through exits its when paper gains turn into money...my first 100% at the NSE was on CFC Stanbic a few years ago...it went to 90 then...but look where it is now

anyway its still undervalued at the NSE & I made a come sometime back..some Insurance and banking stocks have not move at all so the rally still has legs...but its not good to get caught up in the euphoria!