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Share prices to deep further in December
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Dudette
#61 Posted : Monday, November 28, 2011 10:40:58 AM
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Joined: 10/1/2009
Posts: 139
What is the worst scenario for the index? Can it touch 2500 in Decemebr?
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GGK
#62 Posted : Monday, November 28, 2011 10:51:13 AM
Rank: Member


Joined: 11/21/2006
Posts: 608
Location: Ruiru
Dudette wrote:
What is the worst scenario for the index? Can it touch 2500 in Decemebr?


Nobody has this answer.
All what we know is that it will remain low for a while
"..I am because we are. "― Ubuntu, Umtu,
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Eric_Nyamu
#63 Posted : Monday, November 28, 2011 10:52:39 AM
Rank: New-farer


Joined: 10/6/2011
Posts: 84
2500 by dec . not a chance ...we arenot in a recession !

just my thinking !!!!!!

and bargain hunters are nowhere to be seen...i guess they gogt burned last time picking a low ....
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Sufficiently Philanga....thropic
#64 Posted : Monday, November 28, 2011 11:56:52 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
Dudette wrote:
What is the worst scenario for the index? Can it touch 2500 in Decemebr?

This question will be answered when the MPC meets later on in the week. A rate hike will just accelerate the slide to sub 3,000, a rate slash will apply brakes and keep as above 3,000 into 2010 before sub 3,000 comes!
@SufficientlyP
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mkonomtupu
#65 Posted : Wednesday, March 28, 2012 11:20:58 AM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
mkonomtupu wrote:
simonmaina71@gmail.com wrote:
I bought uchumi shares two weeks ago at 8.50 and now they are at 7.55...since they are approaching my stop loss,am visitting my broker tomorrow to preserve my capital...and sell them at 7.60...in a seriously leaking boat,it is wiser to jump to another than to try and repair the leak.


Uchumi AGM is today how about you make a point to attend and listen to Ciano's vision then sell me your shares



Thank you for selling me your shares...And now you understand the workings of the stock market!
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the deal
#66 Posted : Wednesday, March 28, 2012 2:01:26 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
mkonomtupu wrote:
mkonomtupu wrote:
simonmaina71@gmail.com wrote:
I bought uchumi shares two weeks ago at 8.50 and now they are at 7.55...since they are approaching my stop loss,am visitting my broker tomorrow to preserve my capital...and sell them at 7.60...in a seriously leaking boat,it is wiser to jump to another than to try and repair the leak.


Uchumi AGM is today how about you make a point to attend and listen to Ciano's vision then sell me your shares



Thank you for selling me your shares...And now you understand the workings of the stock market!




Greater Fool Theory smile
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Kihangeri
#67 Posted : Wednesday, March 28, 2012 2:06:00 PM
Rank: User


Joined: 11/10/2010
Posts: 550
Location: Junction
Kihangeri wrote:
From the fatigue and historical indicators, December is usually a very slow time at the NSE. As ppl sell in readiness for January deposits in business, school enrollments, good will, change of houses, new investments and also selling so that you have some funds for Christmass, will the market slump further?


Did this come to pass? Someone said I never contribute in the stocks section. A prophet is never accepted at home.
By inference, the man is all that Mr Phantom is not: an untrustworthy radical, divisive, too many enemies, a dictator, and a persistent liar...
Gaitho dialogues.
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earthvoice
#68 Posted : Wednesday, March 28, 2012 2:14:01 PM
Rank: Member


Joined: 1/29/2011
Posts: 257
mkonomtupu wrote:
mkonomtupu wrote:
simonmaina71@gmail.com wrote:
I bought uchumi shares two weeks ago at 8.50 and now they are at 7.55...since they are approaching my stop loss,am visitting my broker tomorrow to preserve my capital...and sell them at 7.60...in a seriously leaking boat,it is wiser to jump to another than to try and repair the leak.


Uchumi AGM is today how about you make a point to attend and listen to Ciano's vision then sell me your shares



Thank you for selling me your shares...And now you understand the workings of the stock market!


And it came to pass that a good investment turned 'bad'... and turned good again... all in the space of four months!
That's the stock market for you I guess.smile
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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