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NSE down AGAIN!!
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underweight
#11 Posted : Tuesday, October 05, 2010 1:29:19 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
@hisah, I conquer with you. I expect a massive sell off beginning mid this month when the reality will hit the market. At the moment am adopting a wait and see approach as I contemplate on what to off load first.
"A bad decision made now is beta that a good one made later!!"
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guru267
#12 Posted : Tuesday, October 05, 2010 1:32:20 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
underweight wrote:
@hisah, I conquer with you. I expect a massive sell off beginning mid this month when the reality will hit the market. At the moment am adopting a wait and see approach as I contemplate on what to off load first.

@underweight massive selloff??? On the NSE???

We must be trading on different markets...

Mark 12:29
Deuteronomy 4:16
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mlennyma
#13 Posted : Tuesday, October 05, 2010 1:53:57 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The nse examination questions are known to everybody i dont know why we all dont pass with flying colours...and the questions are...when do i get in?...when do i get out?....but is it easy to answer?
"Don't let the fear of losing be greater than the excitement of winning."
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sparkly
#14 Posted : Tuesday, October 05, 2010 3:25:03 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
End of the september fund manager buying frenzy. Sasa mambo pole pole
Life is short. Live passionately.
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underweight
#15 Posted : Tuesday, October 05, 2010 3:27:53 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
@guru267, indirectly NSE will follow the trend. But I meant in the International stock exchange. Just look at the pre-market trades and that will give you a beta picture. Remember just before the crisis wat happenned? Pump and dump strategy was adopted. I may be wrong though but lets give it a week and half.
"A bad decision made now is beta that a good one made later!!"
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guru267
#16 Posted : Tuesday, October 05, 2010 4:46:02 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
underweight wrote:
@guru267, indirectly NSE will follow the trend. But I meant in the International stock exchange. Just look at the pre-market trades and that will give you a beta picture. Remember just before the crisis wat happenned? Pump and dump strategy was adopted. I may be wrong though but lets give it a week and half.

@Underweight where does money flow to when US and Europe start to falter???

You guessed it... Emerging markets including kenya....

We've posted a 5.4% increase in G.D.P so far compared to 0.9% last year....

No way the NSE will follow the trend and if it does i have cash waiting for the counters.....
Mark 12:29
Deuteronomy 4:16
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guru267
#17 Posted : Tuesday, October 05, 2010 7:10:37 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
American markets are up sharply today!!
Mark 12:29
Deuteronomy 4:16
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mwanahisa
#18 Posted : Tuesday, October 05, 2010 7:56:52 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
underweight wrote:
@hisah, I conquer with you. I expect a massive sell off beginning mid this month when the reality will hit the market. At the moment am adopting a wait and see approach as I contemplate on what to off load first.


@underweight, I will be CONQUERING you and hisah. Meanwhile as you sell, perhaps you would be kind enough to let know what you are selling. Who knows, I may just CONCUR with some of your picks on the sell side. We may have a short-term correction between now and the end of year, but I believe the long term uptrend is still intact. We can wait it out until January when the NSE will explode ABOVE 5,000 points.

@hisah, At the beginning of September, you were predicting a bearish picture for the International markets. Well, we have all seen what has happened - the best September in aeons. This could reverse in October but the point is none of our projections are infallible.

@underweight. Is your username anything to do with a natural predisposition to be bearish?
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  | | Edit by user: Tuesday, October 05, 2010 10:07 PM | Reason: Not specified
hisah
#19 Posted : Tuesday, October 05, 2010 8:37:03 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mwanahisa wrote:
underweight wrote:
@hisah, I conquer with you. I expect a massive sell off beginning mid this month when the reality will hit the market. At the moment am adopting a wait and see approach as I contemplate on what to off load first.


@underweight, I will be CONQUERING against you and hisah. Meanwhile as you sell, perhaps you would be kind enough to let know what you are selling. Who knows, I may just CONCUR with some of your picks on the sell side. We may have a short-term correction between now and the end of year, but I believe the long term uptrend is still intact. We can wait it out until January when the NSE will explode ABOVE 5,000 points.

@hisah, At the beginning of September, you were predicting a bearish picture for the International markets. Well, we have all seen what has happened - the best September in aeons. This could reverse in October but the point is none of our projections are infallible.

@underweight. Is your username anything to do with a natural predisposition to be bearish?


It's a suckers rally and I'll stick with it because none of the fundamentals have changed in US or Europe. Until they do, I remain bearish.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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guru267
#20 Posted : Tuesday, October 05, 2010 8:47:13 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
mwanahisa wrote:
underweight wrote:
@hisah, I conquer with you. I expect a massive sell off beginning mid this month when the reality will hit the market. At the moment am adopting a wait and see approach as I contemplate on what to off load first.


@underweight, I will be CONQUERING against you and hisah. Meanwhile as you sell, perhaps you would be kind enough to let know what you are selling. Who knows, I may just CONCUR with some of your picks on the sell side. We may have a short-term correction between now and the end of year, but I believe the long term uptrend is still intact. We can wait it out until January when the NSE will explode ABOVE 5,000 points.

@hisah, At the beginning of September, you were predicting a bearish picture for the International markets. Well, we have all seen what has happened - the best September in aeons. This could reverse in October but the point is none of our projections are infallible.

@underweight. Is your username anything to do with a natural predisposition to be bearish?


It's a suckers rally and I'll stick with it because none of the fundamentals have changed in US or Europe. Until they do, I remain bearish.

@hisah how does you being bearish on the US and European markets affect your sentiments on the NSE
Mark 12:29
Deuteronomy 4:16
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