[quote=mwanahisa][quote=mwanahisa]Today I have placed a major bet on a turnaround in the market. My first tranche of funds was deployed as follows:
1.KK @ 10.50
2.Equity Bank @ 23
3.CoopBank @ 14.90
4.East African Cables - between 11.50 & 11.90
The last is purely speculative on account of improved results and the TCL listing. As for the others, I believe they are good counters which have been oversold on account of market pessimism.
Now I wait to see whether this was a foolhardy or an inspired nice move comrade, you're one of the best traders at wazua. Today the market has kicked back, i can tell. I speculatively bought kengen at 13.70, only for the down fall to begin. Still optimistic though. Your picks, expect the fourth, are also very good long term positions.
The investor's chief problem - and even his worst enemy - is likely to be himself