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Shinda Smart Money in the NSE
My 2 cents
#1 Posted : Monday, January 10, 2011 2:51:11 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,075
Methinks 6969 money is finding its way into NSE....could explain the recent bull. Sad

Just my thoughts.
Wakilunda
#2 Posted : Monday, January 10, 2011 2:55:43 PM
Rank: Member


Joined: 11/2/2006
Posts: 6
Smart move by them...though I'd attribute bull to Fund manager's repositioning of their portfolios....
2012
#3 Posted : Monday, January 10, 2011 3:24:48 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
My 2 cents wrote:
Methinks 6969 money is finding its way into NSE....could explain the recent bull.


Do you mean the 6969 company or the winners? Because I don't think the winnings are significant enough to make a ripple in this market. On the other hand these 100 shares minimum purchase at exorbitant prices like the ones lifting Kapchorua 9%, City Trust 8%, Eaagads 5% today I think are creating artificial increases on the all-index, but as we know Mr Market always irons it out. (By the way, which method do we use to calculate our index - price or value?)

BBI will solve it
:)
My 2 cents
#4 Posted : Monday, January 10, 2011 3:58:02 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,075
2012 wrote:
My 2 cents wrote:
Methinks 6969 money is finding its way into NSE....could explain the recent bull.


Do you mean the 6969 company or the winners? Because I don't think the winnings are significant enough to make a ripple in this market. On the other hand these 100 shares minimum purchase at exorbitant prices like the ones lifting Kapchorua 9%, City Trust 8%, Eaagads 5% today I think are creating artificial increases on the all-index, but as we know Mr Market always irons it out. (By the way, which method do we use to calculate our index - price or value?)


Not the winners. The proprietors. The winners are probably sending even more texts to 6969 with their winnings....
Sober
#5 Posted : Monday, January 10, 2011 4:36:56 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
2012 wrote:
My 2 cents wrote:
Methinks 6969 money is finding its way into NSE....could explain the recent bull.


Do you mean the 6969 company or the winners? Because I don't think the winnings are significant enough to make a ripple in this market. On the other hand these 100 shares minimum purchase at exorbitant prices like the ones lifting Kapchorua 9%, City Trust 8%, Eaagads 5% today I think are creating artificial increases on the all-index, but as we know Mr Market always irons it out. (By the way, which method do we use to calculate our index - price or value?)



all the counters you just mentioned are not in the 20 (twenty) share index. maybe in the vision 2050
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
2012
#6 Posted : Monday, January 10, 2011 4:39:14 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Sober wrote:
all the counters you just mentioned are not in the 20 (twenty) share index. maybe in the vision 2050


Who's talking about the 20?

BBI will solve it
:)
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