ladies and gentlemaen.
I hereby give out a free advice to those who have eyes and hears. The market will blunge to sub 3200 betw now and may next year be prepared to take blue chips.
I may be pessimist be the truth though lies ahead.
I addition leads not bid too high in CIC shares dont exceed 35. I still have to fill my target

I think you've been too kind to some counters, all the same I think there will be a short lived bull run around May.

It's possible for the market to fall to the level you have cited but I think it is unlikely.

All the same a good strategy would be to have plenty of cash and/or other assets that one can bring into the market if the NSE does indeed plunge to the levels you are anticipating.

It is also advisable to be holding stocks that investors generally have faith in. These stocks tend to be mostly held by institutions and are good dividend payers e.g. BAT, EABL, BBK, NMG and KCB.

However, I will be liquidating these should the the market really PLUNGE and switch to those shares that investors tend to dump whenever there is panic in the market. These include MSC and KQ as when the market recovers this is where MOST money will be made. The last bear cycle saw MSC move from below 3 all the way UP to 15 and KQ from 16 to OVER 65 by way of example.

This i like.
@mwanahisa Thank you for the clarification.

Experiencd 2,500 points in 08.yawn...

Then why will the NSE go to 3,200?

@Cde, the NSE never went below 3,000points in 2008. Its lowest was on Oct 29th 2008 when it touched a 4 year low of 3,106 points.
However, the worst was yet to come and in 2009, March 4th 2009, it hit a 5 year low of 2,363 ponts. During the same week, the Dow inched below 7,000 points, its first time then in 12 years!
March 2009, exactly 2 years ago, will go down as my worst investing month since Baks took over power in 2003!

>>march 2009 was a moment of great opportunity just as Obama put it. I'll never forget that. You don't expect to make money during planting season(bear). You can only make money during time of harvesting(bull) if you had planted.

And BTW, There is a sell off at Coop bank counter. I wonder what has triggered it. as per rich, at 2.58pm The supply is 1,454,500 and the demand is 460,300.

Yes, to my delight! I started my re-entry into this counter and managed to get a decent amount at the days lows 16.00-16.05. However it recovered somewhat and was trading at 16.50 at the close. I am replacing the counter as I sold it off completely at the 20/= shortly before results. I hope I am not getting in too early, but one has to take a chance sometimes.