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What is ailing the market?
detomweri
#1 Posted : Thursday, January 30, 2014 2:31:08 PM
Rank: New-farer


Joined: 3/4/2010
Posts: 67
Location: Nairobi
For the past three or so days,the prices of most counters at NSE have been facing south.What could be happening in the market and for how long?
For Sport
#2 Posted : Thursday, January 30, 2014 2:38:49 PM
Rank: Veteran


Joined: 12/23/2010
Posts: 1,229
A market is comprised of buyers and sellers.
There's nothing with buyers getting an opportunity to buy at a reduced price.
Let those who are selling sell
ecstacy
#3 Posted : Thursday, January 30, 2014 2:43:25 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
New farer, acquint yourself with some ongoing discussion threads in this same section and you'll have answers.
mlennyma
#4 Posted : Thursday, January 30, 2014 2:46:33 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
When i was new,i was very proud to post any thread,so do you!
"Don't let the fear of losing be greater than the excitement of winning."
chaimani
#5 Posted : Thursday, January 30, 2014 2:51:33 PM
Rank: New-farer


Joined: 2/26/2012
Posts: 25
Location: moscow na muranga
fear factor.....fear of losing outweigh joy of gaining,Panic selling for whatever factors resulting in more supply than demand,and the market obeys the law of demand and supply
chasing after the wind
guru267
#6 Posted : Thursday, January 30, 2014 3:02:14 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Check the Dow Jones and Safcom for answers!
Mark 12:29
Deuteronomy 4:16
mnunuzi
#7 Posted : Thursday, January 30, 2014 3:57:06 PM
Rank: New-farer


Joined: 11/15/2013
Posts: 34
Probably fear of domino effect from emerging markets
holycow
#8 Posted : Thursday, January 30, 2014 4:42:42 PM
Rank: Veteran


Joined: 11/11/2006
Posts: 972
Location: Home
Helicopter Ben!
ProverB
#9 Posted : Thursday, January 30, 2014 5:01:50 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
The Greater Fool Theory wrote:
...the price of an object is determined not by its intrinsic value, but rather by the often irrational beliefs and expectations of market participants.
A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.
Or one may rationally have the expectation that the item can be resold to a "greater fool" later.


..most make a questionable investment, with the assumption that they will be able to sell it later to "a greater fool"; in other words, buying something not because you believe that it is worth the price, but rather because you believe that you will be able to sell it to someone else at an even higher price..

...with foreigners selling...having bought in hardly 3 months ago..you can guess who the greater fool is.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
mv_ufanisi
#10 Posted : Thursday, January 30, 2014 5:15:40 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
It's good that the market is moving back. People had started to see the NSE as a one way ticket. This is the kuteremka session when a lot of stocks will go down and stay down. Twende kazi, cheap stocks galore!
Candlesticks
#11 Posted : Thursday, January 30, 2014 5:27:04 PM
Rank: New-farer


Joined: 12/16/2013
Posts: 49
Location: Nairobi
mv_ufanisi wrote:
It's good that the market is moving back. People had started to see the NSE as a one way ticket. This is the kuteremka session when a lot of stocks will go down and stay down. Twende kazi, cheap stocks galore!


I totally agree with you. Time for Stocks to correct and the prices to go down and we can buy them in antyicipation.
"'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
mwekez@ji
#12 Posted : Thursday, January 30, 2014 6:32:48 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Essentially Events Far away like Argentina, like the Turkish Central Bank Midnight Strike, like the Free Falling Rand have combined and brought some defensive measures on the Part of some Foreign Investors.
The Soft Patch has further to run but the Bull Market [a more than 24 month Phenomenon across Kenya, Nigeria, Ghana et al and Egypt since Morsi's Departure] remains very much in tact but self evidently its being buffeted by some swirling Global Winds.
(Rich Today)
mwekez@ji
#13 Posted : Thursday, January 30, 2014 6:44:03 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
“Cash combined with courage in a time of crisis is priceless.” – Warren Buffet
wanyina
#14 Posted : Friday, January 31, 2014 8:30:19 PM
Rank: Member


Joined: 4/1/2008
Posts: 141
WHAT A MARKET COLLECTION IS THIS?

It appears as if this market everything is out for grab again after market surged failed to sustain.Anyone has an idea why market is plunging downwards trend?or is it just a market collection.Well what could be your favourite stock grab: Safaricom @11.50 was hitting 15.00 Carboacid 39.50 was 42.00,Britam@18.00 was 19.80,Equity @31.50 was 35.00...this is just a open view Please Wazuans join discussions....
murchr
#15 Posted : Friday, January 31, 2014 8:32:56 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Read the other threads what is collecting
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
young
#16 Posted : Friday, January 31, 2014 8:34:27 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
WHY ARE YOU SUPRISED ABOUT MARKET CORRECTION ?

Do you expect the stock prices to rise every day?

There is bound to be profit taking, and market correction which is a buy opportunity to accumulate your favorite stocks especially the blue chips.

Safaricom is bound to go close to 10 bob but when it rebounds it will approach a new high of 13 - 14 bob.

If you are an experienced investor you will not be suprised about market correction, which is purely temporary.

You will see return of the bulls to new highs when the earning season commences in full swing from mid feb.

Dont panic my friend it is a normal trend. PERIOD.

- I wish big guys like NMG get below 300 to acculate more, EABL is sweet at sub 250,and Bamburi will be honey at sub 200, not to talk of HFCK at late 20s (if possible) and Panafric at sub 90. But thereafter the bulls will take over to new highs. This is typical of a standard market.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Horton
#17 Posted : Friday, January 31, 2014 8:36:04 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Collecting? Correcting?
georgegop
#18 Posted : Friday, January 31, 2014 8:40:03 PM
Rank: Member


Joined: 8/30/2010
Posts: 183
Location: Migingo
The collection of your stocks may require some correction.
Don't Work for Money, Let Money Work for You..
stockshunter
#19 Posted : Friday, January 31, 2014 9:15:03 PM
Rank: Member


Joined: 1/16/2014
Posts: 114
wanyina wrote:
It appears as if this market everything is out for grab again after market surged failed to sustain.Anyone has an idea why market is plunging downwards trend?or is it just a market collection.Well what could be your favourite stock grab: Safaricom @11.50 was hitting 15.00 Carboacid 39.50 was 42.00,Britam@18.00 was 19.80,Equity @31.50 was 35.00...this is just a open view Please Wazuans join discussions....

wanyina kweli okuyu iko sida ya ma'tashi. Just know that the market cannot be a straight line graph.
fear makes people live a miserable life.
sparkly
#20 Posted : Friday, January 31, 2014 11:08:46 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@Wanyina are your vocabulary is very collect.
Life is short. Live passionately.
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