Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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ombaalbt wrote:heri wrote:lochaz-index wrote:Cde Monomotapa wrote:cnn wrote:Sufficiently Philanga....thropic wrote:Finally the Jan 2017 low has been smashed and we are at levels never seen in this decade. NSE 20 currently at 2783. We were last here twice last decade, in October 2004, when Kibaki was still new in the Presidency, and April 2009 during the GFC. Yes 9 years of gains wiped out of the NSE. What separates us now from the Sept 2002 lows of 1005 is the 2360 GFC low of March 2009......more popcorns please  The GFC lows were a great buying time for some good dividend paying stocks .I have kept BAT since then . Another 15 to 20 percent fall in the indices and some great long term buys should present themselves . Indeed. Agreed. Awesome buy window coming up. However going through the various sentiments expressed here it would appear the majority have already thrown in the towel or are just about to. As earlier intimated the tricky bit this time round won't be in the buying but in the waiting as prices stagnate or continue to tumble. Suicide watch!!! My portifolio is 25% and if it goes to more than 50% i think i need to be on suicide watch jameni, how much loss can we take though still paper losses And there are lunatics who think they will be a country to talk about if things continue this way with the 2 at the top At times like this the best you can do is buy more to lower ABP. But pesa imekosekana pia. 20% DOWN. Tuko Pamoja You are doing well, if anything you have beaten the market. And the best you can is to beat it even more averaging down not on a single position but averaging down your overall portfolio(diversification) ,Behold, a sower went forth to sow;....
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