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How to tell NSE has bottomed out
QW25081985
#701 Posted : Friday, September 09, 2011 8:08:19 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
i pity those buying now . they definitely go nerves of steel , lol
mlennyma
#702 Posted : Friday, September 09, 2011 8:18:37 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
@qw you may be the one to pity,because you are idle,i bought a chunk of equity at 17.50 and centum at 14.65 and in both am looking for 3bob to exit,thats good enough in a bear market.
"Don't let the fear of losing be greater than the excitement of winning."
QW25081985
#703 Posted : Friday, September 09, 2011 8:26:40 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
mlennyma wrote:
@qw you may be the one to pity,because you are idle,i bought a chunk of equity at 17.50 and centum at 14.65 and in both am looking for 3bob to exit,thats good enough in a bear market.


okay you know what the good word says "The way of a fool is right in his own eyes, But a wise man is he who listens to counsel.
If you think we are in for a rally sure you can buy.
But i keep repeating repeating till i bore myself the index has nowhere to go but down...
and please i feel this is a one sided argument first learn some basic technical analysis then come we argue.
mlennyma
#704 Posted : Friday, September 09, 2011 8:40:15 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Buying mumias at 5.50 and selling at 6.50,kplc at 16.85 and selling at 19.75 and now i have entered equity and centum...i dont mind how stupid my decisions are if iam making gains..
"Don't let the fear of losing be greater than the excitement of winning."
QW25081985
#705 Posted : Friday, September 09, 2011 8:43:40 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
mlennyma wrote:
Buying mumias at 5.50 and selling at 6.50,kplc at 16.85 and selling at 19.75 and now i have entered equity and centum...i dont mind how stupid my decisions are if iam making gains..


well we need a sucker to liven up this dull bear market.
and you are damn right those are foolish decisions .Keep making your broker rich he/she needs you now more than ever .
QW25081985
#706 Posted : Friday, September 09, 2011 10:45:56 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
WoW . we are definitely in a property boom .Question is when it goes burst will you go down w/ it

http://www.bloomberg.com...ya-s-5-billion-tatu.html
cnn
#707 Posted : Saturday, September 10, 2011 11:42:17 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
QW25081985 wrote:
mlennyma wrote:
Buying mumias at 5.50 and selling at 6.50,kplc at 16.85 and selling at 19.75 and now i have entered equity and centum...i dont mind how stupid my decisions are if iam making gains..


well we need a sucker to liven up this dull bear market.
and you are damn right those are foolish decisions .Keep making your broker rich he/she needs you now more than ever .

If he made 17% and 18% gains on Mumias and Kplc how is that a foolish decision?.
mlennyma
#708 Posted : Saturday, September 10, 2011 12:23:41 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Dont argue with loosers who are in wazua to discourage investors,there is money even in a bear market.
"Don't let the fear of losing be greater than the excitement of winning."
QW25081985
#709 Posted : Saturday, September 10, 2011 1:49:05 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
cnn wrote:
QW25081985 wrote:
mlennyma wrote:
Buying mumias at 5.50 and selling at 6.50,kplc at 16.85 and selling at 19.75 and now i have entered equity and centum...i dont mind how stupid my decisions are if iam making gains..


well we need a sucker to liven up this dull bear market.
and you are damn right those are foolish decisions .Keep making your broker rich he/she needs you now more than ever .

If he made 17% and 18% gains on Mumias and Kplc how is that a foolish decision?.


@ cnn.i amnt aganist making money but pure logic says that to buy in a downward mark is toooo risky.I am sure he was able to lock in his profits (if indeed he made any - lets assume he did) by a hairs breadth.If you consider that investing !!! its more like making your broker rich.
Well if you think its okay you go ahead and buy . when the index touches 3k i am sure you'll be first one to want to sell them to me asap !!!!!!
youcan'tstopusnow
#710 Posted : Saturday, September 10, 2011 2:37:06 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
QW, I thought T.A's could make money on price dips by analysing charts. You seem to be against this now. Kwani wewe ni fundamentalist siku hizi?
GOD BLESS YOUR LIFE
569 Pages«<6970717273>»
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