I have promised myself not to be worried with this, instead, i am keeping enough cash to swing in at the opportune time.

@the deal,
This is cyclic....It's spending time.

its possible for there to be a reversal in the second half DEC, there has been a tendancy for shares to rise around this period.
check out this graph

http://live.mystocks.co....ls;v=ovr;ind=rsi;linked

Am waiting for someone to post here a weird idea like ''guys are selling to get cash for the festive season''

We areNOT in a bear run .guyz come on . Do we have real investors in this house !!!!!!!!!!!!!!!!!!!! When did the bull market end ?We arent even half way through it. Or it only lasted 1 year .LOL ! What is happening is that investors (foreigners) who control the n.s.e - lets admit it - are scalling back on invetment in the local brouse coz of the euro debts problems.As you'll note if you watch CNBC that allmost all foreing exchanges are in the red.From ftse to NYSE to LSE coz of all the talk about portugal and spain and other european countries spreading their indebtness to all of Europe.
Once this panic stops they'll be back and they better find you stocked w/ high performing shares.Coz they really can push up the index.
Now is the time to stock up in the quite of the market.

Very true @qw

@SPT, I second your sentiments. Yesterday and today, I have been bargain hunting for my speculative portfolio and I managed some nice picks i.e. Equity Bank @25.25-25.50 (this one I could not believe), Coop @ 18.70 & 19, HF at 25.25 & 25.50 and KCB @ 20.75.

I am wagering that when the KPLC rights actually start trading guys may realise that it wont be so easy (or cheap) to get them. They will then turn their attention back to the rest of the market. As I write it already seems to be happening.

I will be looking to exit these speculative positions with at least a 10% return within the next 1 month. Maybe they will even fund my purchases of the KPLC rights. At least that's what I am hoping. But I have a Plan B for the damn rights!!

And BTW, if you were keenly following the market today, you will have noticed the market staged a Great comeback in the dying sessions of trading,Co-op pulled up to 19.50, Equity touched a 26, HF bounced back almost immediately Equity took off!
And @Deal, no more bear run, its officially over, till Jan 2011!
No more sub 4,400 at NSE!!!

i like some of your optimism but remember the NSE has become one of the most expensive frontier stock markets i.e EABL PE above 20, SCAN PE above 20, EQTY PE above 20...e.t.c...i think this bear is with us until reporting season i.e JAN-MARCH...i'm holding to what ever cash i have at the moment and wait for the bottom...

I now know that the reason K.P.L.C dropped like a bomb with such low volumes...

All the money directed at it is waiting for the rights on the N.S.E... I know I am...

I'm hoping to bid them up to 21.5 (2shillings premium) for my initial picking then i'll sit back and see how the market values them...

And guys you will not believe the volumes K.P.L.C rights will trade tomorrow... Too many of us are after G.O.K's rights....