It is completely insane to take a Mid/longterm positions currently in the stockmarket: Below are my reasons...
- North Africa Crisis has damned the foreign investor confidence in Africa market..majority of hedge funds have hold back..reviewing their positions and portofolios..
- Famine / Drought situation in Kenya discourages comsumer spending and household expenses are sky rocketing.
- Crude Oil effect...100% of Fuel imported..ripple effects???
- The Deflation of Kenya Shillings by CBK.
- Endless Political bickering of political chiefs
- ICC and Ocampo Effect..
- 2012 Political reallignment and political uncertainity..Kenyans are temporarly insane during this period.
Guys, use stop loss to protect your gains and principal..
Enjoy trading...
More monies, more problems...