You know a bull run has reached fever pitch when stocks like Paka...Olympia...NBK are being hyped up as the next big things...who remembers the BUY BUY BUY screams of the last bull run...paka was at 3bob if I recall correctly...we all know what happened...If you are still interested in buying stocks at this crazy levels...buy insurance stocks...they put close to 30% of their premiums in stocks (not all of them)...they will profit from this madness...also take a look at stocks trading on single digit PE's...if they have a good track record then buy...otherwise your money is safe somewhere else...this could be the right to look at real estate when everybody is into the NSE...there is no need to overpay....smart investors bought in Q1 2012 when stocks where trading at throw away prices...smart investors held into their stocks (never sold cos of elections)...if you are coming in now...you could be late to the party unless you are a long term investor...look maan the NSE is 20% away from its all time high without a single drop of oil being extracted out of Turkana...the economy is growing at 4%...GoK is selling assets to shore up its finances...the same GoK will raise KES25Bn this month through bonds...