Do not think about when the market will tank.It is simply time to buy for there will never be a better chance.......Warren says if you wait for the Robins,spring will be gone.......Am doing exactly that......buying buying buying and more buying......but don't follow me blindly....meanwhile........

http://business.timesonl...ance/article4968888.ece

@njunge..... Warren B. also belives everytime is buyin tym...as long as you kno what u are doin. Everyone here is buyin...pain is that lookin at the prices now u feel u shouldn't have bought when u did!!... Its not about buying... Its how u do it. Warren's way is periodical consistent buying over time regardless what market is doin... He 's made jokes about never havin seen stock prices for last 3 years!.. Either spread buy...or if buyin at once do it on strategic planning. Buy at once when u are convinced of turnaround. I'm pretty sure that personally u know and know so well that market isn't picking up soon..especially with coop goin on.

' I have heard of You,o Lord. Now mine eyes have seen thee!! Baal-Perazim.. The Lord of the Breakthrough!!'

@ Njunge

I was also looking for exactly this link coz i read it somewhere recently,I think the man summarises everything on stock trading,thats what has made him richer than the Kenya,Uganda and Tanzania,he does not have a glitzy new product to sell,he just sells insurance and buys shares. He may not look at stock prices,but he does look at balancesheets and company values.

He recently sunk $5billion in the NYSE,targetting General electric and Morgan Stanley (an investment bank!!!!!).

We don't know how long the NSE will sink,but entry at current prices is a good idea. Take a case like Safcom @3.85,KCB @20,KQ@35,equity@180. Bargain!!! bargain!!! bargain.




Is there something like a moneyday

@Ngunje,

Chronic bearishness just like AIDs is real in nse !!! For retail investors like us skill of managing bull market is different from bear market. One of the popular skills is hold it and observe to get a stable price. Knowing the stable price is a different subject for another forum or future seminar.

I had held cash watching my most sought afterKCB at 26,25,24,24.....20 and it will not be a suprise if it goes below 20 this week or next all happening within a spade of 6 weeks. For people with large capital it is not a problem. But for retail investor like me trying to build my next egg,all shilings counts to average out.

.I pray all of us manage the situation well. I

This is my last 2 cents on this subject.

Hakuna Matata

Best Regards

Young,

Lagos,Nigeria



AFRICAN INVESTOR

watch the market ............feel good effect and prove me wrong......thanx God i took position.