Requires that I update the Short Term chart. Seems to be a series 1,2 , 1,2s

He he. I just got mentioned.

My strategy is simple, I am young (early 20's), I can afford to look at the long term. I'm not really waiting for "..the big guns to fall and swoop", I wait for ridiculous valuations to come to an end. If valuations at the stock market are bonkers, there are other investment channels.

Of course one has to know how to value a company, and this is not just by reading balance sheets and ratios, it's knowing as much as you can about the industry, the company, the market and the environment.

I am a big fan of Peter Lynch esp the story where the husband was poring over financial reports and documents and failed to see the wife buying clothes made by a small company whose stock later exploded.

So as the economic turmoil ensues, there are companies with solid growth trajectories whose stock prices are getting beaten up - these I like.

ENERGY/UTILITIES

I have been slowly accumulating utilities cautiously due to gov involvement, rights issues and the new tender irregularities (I hope these will be resolved quickly and not be repeated). I think the energy sector is a great place to park money as a base for the portfolio. Utilities won't shine as much high-finance stocks, but they are relatively stable on the slumps. The growth is slow and capital intensive, but with good management the growth in returns is healthy. Even Buffet had some G.E as a base.

CHANGE IN PERCEPTION.

Good management is also to look out for. When management empowers employees with programs such as Kaizen - UNGA and G2G - KENGEN, the mentality of the workers changes. And motivated employees who take pride in their work are great assets. I also think that when the farmers start practicing the agricultural education they are getting now, UNGA will reap handsomely. Of course this is not certain, but that's why its called investing.

The cheapening valuations just make it the right time to make that decision to put your spare income in companies you think are doing things righ. I try not to time the market, I only have how much self loathing I am willing to live with if I buy too early or sell to late, but the bottom line is that I have an income generating asset.

@Muthawamunene. Same thing I thought after reading your comment. stay away from gava entities, go through this forum, there are countless examples as to why they are not good investments. " I hope these will be resolved quickly and not repeated" A very dangerous assumption. The resolution is slow and it WILL be repeated. There are stocks im longing to own Saf, equity, kCB, BAT, EABL these are my 'Big guns"

What! in Gods name is happening at the NSE??

Your deer in headlights moment came so soon.

Bought at a massive discount in 2003 and offloaded 4 years later at an almost tenfold profit. One of my best Buffet moves. Taught me a lot back then.

3875.80

am sceptical about nse regulators. conflict of interest. when cornered by the bear they' don't post the results. wapende wasipende stocks zitayeyuka!