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How can the NSE index be gaining towards elections?
stud
#1 Posted : Thursday, February 07, 2013 12:28:59 PM
Rank: Member

Joined: 10/17/2007
Posts: 17
Can someone please explain to me how most counters are gaining when we are just 1 month to the election considering what happened in 2007, is their something I don't know. all pointers(previous years)were that the share index would go down even most reviewers opinions were it would, who is buying stocks now..?
Should I still hold on to my cash...? i am beginning to regret cashing out on several counters which have now actually gained in prices.

Anyone....?
hisah
#2 Posted : Thursday, February 07, 2013 12:42:13 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
stud wrote:
Can someone please explain to me how most counters are gaining when we are just 1 month to the election considering what happened in 2007, is their something I don't know. all pointers(previous years)were that the share index would go down even most reviewers opinions were it would, who is buying stocks now..?
Should I still hold on to my cash...? i am beginning to regret cashing out on several counters which have now actually gained in prices.

Anyone....?

Because wanjikus and the analysts are all in the same sentiment corner. Big money doesn't follow crowds (herd mentality). I'm liking the lesson.

I expect the MSCI KE today to breakout from the upper bollinger band confirming that another huge upleg is on the way.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
stud
#3 Posted : Thursday, February 07, 2013 12:58:59 PM
Rank: Member

Joined: 10/17/2007
Posts: 17
what should be the best strategy in such a time, I am lost
mauryc
#4 Posted : Thursday, February 07, 2013 1:06:14 PM
Rank: New-farer

Joined: 11/21/2010
Posts: 50
Location: nairobi
Everyone is taking positions ahead of the general elections
Sufficiently Philanga....thropic
#5 Posted : Thursday, February 07, 2013 1:08:35 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
@stud,you got the answer from @Hisah. Dont follow the crowd. And by the way in 2007, stocks were rising before the elections. I remember in the last trading day,24th Dec 2007 before elections,counters like HF ran out of supply at 47bob! Investors were betting on a peaceful election. They were wrong! We fought! Maybe this time they dont want to take positions,atleast the wanjikus or they are betting on a violent election. Only time will tell. As for me,im betting on a peaceful one!
@SufficientlyP
stud
#6 Posted : Thursday, February 07, 2013 5:31:32 PM
Rank: Member

Joined: 10/17/2007
Posts: 17
Thanx guys, I have some insight now. I am kinda betting on a peaceful election also.
guru267
#7 Posted : Thursday, February 07, 2013 5:47:56 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
stud wrote:
Can someone please explain to me how most counters are gaining when we are just 1 month to the election considering what happened in 2007, is their something I don't know. all pointers(previous years)were that the share index would go down even most reviewers opinions were it would, who is buying stocks now..?
Should I still hold on to my cash...? i am beginning to regret cashing out on several counters which have now actually gained in prices.

Anyone....?

Because wanjikus and the analysts are all in the same sentiment corner. Big money doesn't follow crowds (herd mentality). I'm liking the lesson.

I expect the MSCI KE today to breakout from the upper bollinger band confirming that another huge upleg is on the way.


@hisah you seem to have been sucked into the #Euphoria!

March 4th is still a serious wild card in this party the NSE is currently hosting...
Mark 12:29
Deuteronomy 4:16
BGL
#8 Posted : Thursday, February 07, 2013 8:28:59 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
stud wrote:
Can someone please explain to me how most counters are gaining when we are just 1 month to the election considering what happened in 2007, is their something I don't know. all pointers(previous years)were that the share index would go down even most reviewers opinions were it would, who is buying stocks now..?
Should I still hold on to my cash...? i am beginning to regret cashing out on several counters which have now actually gained in prices.

Anyone....?


We will have a peaceful election irregardless of whoever wins.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
techboy
#9 Posted : Thursday, February 07, 2013 8:48:00 PM
Rank: User

Joined: 6/18/2009
Posts: 271
stud wrote:
what should be the best strategy in such a time, I am lost



what do you mean you have lost ??? you havenot enjoyed this full rally ? are you one of those fundermental analysts that tucked their tails between their legs and run for the hills because of the elections.Most of these fundremental analysts who sold last year are hitting themselves very hard .
techboy
#10 Posted : Thursday, February 07, 2013 8:51:14 PM
Rank: User

Joined: 6/18/2009
Posts: 271
stud wrote:
Can someone please explain to me how most counters are gaining when we are just 1 month to the election considering what happened in 2007, is their something I don't know. all pointers(previous years)were that the share index would go down even most reviewers opinions were it would, who is buying stocks now..?
Should I still hold on to my cash...? i am beginning to regret cashing out on several counters which have now actually gained in prices.

Anyone....?


the problem is very simple you DONOT CARE ABOUT TECHNICAL ANALYSIS ! simple as that if you looked at the charts and they are free at bloomberg you could have seen it was BUY BUY BUY BUY BUY time a few months back . if you need consoling just know that you are very many who missed this . LOL No pun.
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