wazua Wed, Jan 15, 2025
Welcome Guest Search | Active Topics | Log In | Register

4 Pages«<234
What is ailing the market?
Options
Previous Topic · Next Topic
PKoli
#61 Posted : Tuesday, March 18, 2014 11:17:38 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
mnandii wrote:
I know this topic is not popular. But allow me to keep posting just as a reminder of what history says. And one important thing about human nature is that man does not learn from history.

1929 The Great Crash. - a video about the stock market crash
link


Very informative. Lessons of 1929 still applicable today.
Back to top
 Report Abusive | Report SPAM
Ali Baba
#62 Posted : Wednesday, March 19, 2014 2:40:09 AM
Rank: Member


Joined: 8/29/2008
Posts: 571
PKoli wrote:
mnandii wrote:
I know this topic is not popular. But allow me to keep posting just as a reminder of what history says. And one important thing about human nature is that man does not learn from history.

1929 The Great Crash. - a video about the stock market crash
link


Very informative. Lessons of 1929 still applicable today.

We are not worried by a crash.By the time recovery happens,we will have made lots of money.
Back to top
 Report Abusive | Report SPAM
dunkang
#63 Posted : Wednesday, March 19, 2014 6:50:35 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
mnandii wrote:
I know this topic is not popular. But allow me to keep posting just as a reminder of what history says. And one important thing about human nature is that man does not learn from history.

1929 The Great Crash. - a video about the stock market crash
link

Am sitting on alot of cash right now, so, a mini-recession is welcome, BUT it should not last more than 6-9 months.

Maybe you are asking "why is he enjoying when others will be crying"?

Its during the GFC-Kenya (2011-12) i was able to accumulate hundreds of thousands of SAFCOM at 2.95-3.75/-, E.A Cables at 10.35-11/- (Damn, i even became TOP 100) and CFC Stanbic!!!!!!

So, what i can say is, "LET IT COME".
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
 Report Abusive | Report SPAM
mnandii
#64 Posted : Thursday, March 20, 2014 8:58:15 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
PKoli wrote:
mnandii wrote:
I know this topic is not popular. But allow me to keep posting just as a reminder of what history says. And one important thing about human nature is that man does not learn from history.

1929 The Great Crash. - a video about the stock market crash
link


Very informative. Lessons of 1929 still applicable today.

Applause
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Back to top
 Report Abusive | Report SPAM
mnandii
#65 Posted : Thursday, March 20, 2014 9:04:36 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
The powder keg for the deflation was ignited last night (19th March). Analysts should not blame the FED and Janet Yellen in particular. The waves were warning that turn was imminent. All that the QE was doing was increasing the height from which the fall would be launched.

At the very least, US stocks will tumble, the US Dollar will gain strength and the world will be turned upside down.

Sad
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Back to top
 Report Abusive | Report SPAM
Ericsson
#66 Posted : Thursday, March 20, 2014 9:05:47 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
It's raining heavily in the seven forks dam areas;dams are getting full but KENGEN share price is on a downward trend.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
mnandii
#67 Posted : Thursday, March 20, 2014 9:08:04 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
Ali Baba wrote:
PKoli wrote:
mnandii wrote:
I know this topic is not popular. But allow me to keep posting just as a reminder of what history says. And one important thing about human nature is that man does not learn from history.

1929 The Great Crash. - a video about the stock market crash
link


Very informative. Lessons of 1929 still applicable today.

We are not worried by a crash.By the time recovery happens,we will have made lots of money.

smile
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Back to top
 Report Abusive | Report SPAM
mnandii
#68 Posted : Thursday, March 20, 2014 9:17:20 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
dunkang wrote:
mnandii wrote:
I know this topic is not popular. But allow me to keep posting just as a reminder of what history says. And one important thing about human nature is that man does not learn from history.

1929 The Great Crash. - a video about the stock market crash
link

Am sitting on alot of cash right now, so, a mini-recession is welcome, BUT it should not last more than 6-9 months.

Maybe you are asking "why is he enjoying when others will be crying"?

Its during the GFC-Kenya (2011-12) i was able to accumulate hundreds of thousands of SAFCOM at 2.95-3.75/-, E.A Cables at 10.35-11/- (Damn, i even became TOP 100) and CFC Stanbic!!!!!!

So, what i can say is, "LET IT COME".

True. Cash is King now. Better still people should invest in treasuries as they await to take advantage of the fall.

One thing though, I am thinking of a depression lasting upto 2016 (i.e the low for the market).
Let me clarify that the ideas upon which I am posting are based on the work of Robert Prechter and especially on his book Conquer The Crash. Guys will find it useful to visit www.elliottwave.com for more info.

I especially encourage budding investors to read:
ELLIOTT WAVE PRINCIPLE: KEY TO MARKET BEHAVIOUR By Prechter and Frost.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (15)
4 Pages«<234
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.