pessimisim cannot take us where we want - Page 2 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » pessimisim cannot take us where we want

4 Pages<1234>

pessimisim cannot take us where we want

Options

Previous Topic · Next Topic

BAAK		#11 Posted : Wednesday, March 18, 2009 3:07:00 PM
Rank: Member Joined: 8/27/2008 Posts: 70		@eli The third farmer did not own cows. He was a broker. What you may call speculator in our modern day terms. So he camped at the market day in day out,lamenting at how bad the famine was,saying that the prices of cows should come down further now that there was nothing to feed them on. Of course,by doing this,he was hoping to bring down the prices so he could buy cheap and sell high later…So what happened? The farmers,realizing that the market had been spoilt by the broker slowly shifted to crop farming Our speculators who keep casting gloomy picture so prices come down and they sell high are like the third farmer. They risk being left alone at the market,just like the third farmer. Let’s be optimistic and look forward for a win-win situation for everyone. Let's allow the market to grow naturally
Back to top		\|
User Profile

Kaigangio		#12 Posted : Wednesday, March 18, 2009 3:46:00 PM
Rank: Elder Joined: 2/27/2007 Posts: 2,768		@ BAAK, WB said that investors should be greedy when other investors are fearful and fearful when others are greedy in a normal market set up. You see for a market like the NSE in a time like this,it is fairly easy to predict where the stock prices will be within a given period as the indicators are very conspicuous....how will the optimism help,knowing and seeing that the prices are tumbling right infront of your very own eyes? I bet there should have been a fourth farmer whose cow was too beaten up by the drought that it could hardly walk on its own...and this farmer full of optimism that he will have to sell the cow,hired a pick-up truck to deliver it to the market to sell. Unfortunately when the farmer had just unloaded it,it died...right there in the market.... NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB *...besides, the presence of a safe alone does not signify that there is money inside...*
Back to top		\|
User Profile

kingfisher		#13 Posted : Wednesday, March 18, 2009 3:51:00 PM
Rank: Elder Joined: 4/9/2008 Posts: 2,824		Seven things to remember in bear run ....... http://economictimes.ind...id-2883025,flstry-1.cms If you have money that you expect to start using in five years,it does not belong in stocks. When I have money, I get rid of it quickly, lest it find a way into my heart.
Back to top		\|
User Profile

simonkabz		#14 Posted : Wednesday, March 18, 2009 4:10:00 PM
Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon		@kingfisher,ua link's dead,copy paste the article here pliz. Truest proverb: Mwenda pole hajikwai TULIA.........UFUNZWE!
Back to top		\|
User Profile

eli		#15 Posted : Wednesday, March 18, 2009 4:17:00 PM
Rank: Member Joined: 6/17/2008 Posts: 294		@ BAAK Win - Win situation? That happens in normal business. Not in the stock market. Here fools get slaughtered. Fools feed on fools. Hapa ni kichinjio bwana! You better arm yourself with some knowledge upstairs or else you might have to hold ( after buying high) onto your shares for the next 3 years! Zig Ziglar on his book closing the sale,sings of win - win - win situation! Well,that happens in business ( I will repeat that a hundred times so that you can get it right). Here you joke around and you get slaughered and slaughtered real well. Your 1M could be 0.3M very fast! Speculators are ' optimistic ' by nature that the prices will go south ( hence buy)! But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
Back to top		\|
User Profile

Tusker Baridi		#16 Posted : Wednesday, March 18, 2009 4:31:00 PM
Rank: Member Joined: 12/9/2006 Posts: 186		@BAAK Live and learn,remember the NSE index was trading at above 6,000 not too long ago,some of us said it was due for a major correction and we were run out of town in a hail of insults for being too pessimistic. You know what happenned. I'll say it again just like I did back then,dont try to catch falling knives,wait until they hit the ground and then safely pluck the good ones from the ground. The market is not bearish because of pessimism from investors,its bearish coz the fundamentals of the economy are weak.
Back to top		\|
User Profile

jammo		#17 Posted : Wednesday, March 18, 2009 5:21:00 PM
Rank: Member Joined: 2/12/2008 Posts: 345		Hey! I am not pessimistic! I just need a little more time to get all money i can and buy all i can n then i'll be set for a bull,price hike.... whatever... Heh! Heh! The race is not always to the swift..nor the battle always to the strong..nor food always to the wise..nor riches always to the intelligent..favor is not always to the skilled..or learned..but time and chance happens to all. Ecl9:5..
Back to top		\|
User Profile

Mainat		#18 Posted : Wednesday, March 18, 2009 8:56:00 PM
Rank: Veteran Joined: 11/21/2006 Posts: 1,590		Whether pessimist or optimist,the only question is this. Are you getting returns? www.mjengakenya.blogspot.com Sehemu ndio nyumba
Back to top		\|
User Profile

Tusker Baridi		#19 Posted : Wednesday, March 18, 2009 9:19:00 PM
Rank: Member Joined: 12/9/2006 Posts: 186		@Mainat,shorting is illegal in Kenya otherwise some of us would have made a tonne of money.
Back to top		\|
User Profile

mukwano		#20 Posted : Thursday, March 19, 2009 1:04:00 AM
Rank: Member Joined: 11/15/2006 Posts: 44		nice try my friend but you forgot one fact the buyers at the market are broke. they drove there in cars bought on loans,dressed in suits bought on loans took expensive holidays and paid on credit. worse,the bank wants their homes. to be honest,they really can't afford beef right now .. there is no optimistic way to look at the bottom line. but the people will eat beef again one day,till then relax,read silly storos in the other discussion segment. if you have grass doing nothing in your shamba,fatten the cow ...
Back to top		\|
User Profile

4 Pages<1234>

Wazua » Investor » Stocks » pessimisim cannot take us where we want

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded