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Timing the market
kiio
#1 Posted : Tuesday, July 24, 2012 11:11:55 AM
Rank: New-farer

Joined: 6/22/2010
Posts: 17
Location: rbi
What do you think of someone who wants to hold his 1 million until just 1 week to election, buy stock and wait after election and sell theme for an abnormal profit( assuming no PEV)?. Kenyans fear elections and so the market prices will nearly half by election date and will recover in 2 to 3 months.smile
“Daring ideas are like chessmen moved forward. They may be beaten, but they may start a winning game.” – Wolfgang Von Goethe .
muganda
#2 Posted : Tuesday, July 24, 2012 11:27:57 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
There was a Merchant in Wazua who once said:

...do not time the market, give the market time.

The Merchant
#3 Posted : Tuesday, July 24, 2012 11:49:22 AM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Hehe..that was me.That still holds true.
guru267
#4 Posted : Tuesday, July 24, 2012 11:55:54 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
kiio wrote:
What do you think of someone who wants to hold his 1 million until just 1 week to election, buy stock and wait after election and sell theme for an abnormal profit( assuming no PEV)?. Kenyans fear elections and so the market prices will nearly half by election date and will recover in 2 to 3 months.smile


Sounds like you own a crystal ball!
Mark 12:29
Deuteronomy 4:16
Cde Monomotapa
#5 Posted : Tuesday, July 24, 2012 11:58:40 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Just forget about it.
slykat
#6 Posted : Tuesday, July 24, 2012 12:31:26 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
Specifically, I am more worried about MRC and their threat to elections n peace n tourism n msa port, economy.

This thing needs urgent resolution b4 it takes an extremist shape and form.
StatMeister
#7 Posted : Tuesday, July 24, 2012 2:47:12 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
Do it then tell us what happened
A bad day fishing is better than a good day at work
King G
#8 Posted : Tuesday, July 24, 2012 3:28:24 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
MRC cannot managed where SLDF failed. This is Kenya bwana hakuna matata
Thieves
sparkly
#9 Posted : Tuesday, July 24, 2012 6:06:33 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kiio wrote:
What do you think of someone who wants to hold his 1 million until just 1 week to election, buy stock and wait after election and sell theme for an abnormal profit( assuming no PEV)?. Kenyans fear elections and so the market prices will nearly half by election date and will recover in 2 to 3 months.smile


please do it. We want to learn from your experience!
Life is short. Live passionately.
youcan'tstopusnow
#10 Posted : Tuesday, July 24, 2012 6:18:50 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
It can go either way. Some guys tried that during the referendum na ilibafu! The market rallied na watu wakashangaa!
Plus you also need to take into account the effect of monetary easing on the performance of the stock market. Do you still expect the CBR to be at 16.5 p.c 1 week to election time?

All in all, one never knows...
GOD BLESS YOUR LIFE
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