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Madness at the NSE
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20  Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT!  @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Good thing is we are getting closer to the bottom, if the RSI of 20 is anything to go by. The US Non Farm Payrolls comes up on Friday and should signal some dead cat bounce next week. So scoop some shares and ride the wave expected next week. @SufficientlyP
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Sufficiently Philanga....thropic wrote:So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20 Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT! It's more lucrative to make money through tenders Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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Sufficiently Philanga....thropic wrote:So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20 Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT! While i have never thought highly of TRUMP , atleast he brags about how well he doing using the stock market as a yardstick.
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Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
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Sufficiently Philanga....thropic wrote:So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20 Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT! A great opportunity to average down, long-term investors who buy more of the good stocks are going to make good money here
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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I shall be convinced to buy when I see safcom below 15,kcb and equity below 20, coop at 8,ncba below 15 ..wake me up when this is achieved "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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NewMoney wrote:Sufficiently Philanga....thropic wrote:So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20 Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT! A great opportunity to average down, long-term investors who buy more of the good stocks are going to make good money here Public service superannuation fund will be making an entry from next year,this will boost the prices. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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mlennyma wrote:I shall be convinced to buy when I see safcom below 15,kcb and equity below 20, coop at 8,ncba below 15 ..wake me up when this is achieved Even if the stated prices are attained, you will still not buy since the fear prevailing at the time shall be too much to bear.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Queen wrote:mlennyma wrote:I shall be convinced to buy when I see safcom below 15,kcb and equity below 20, coop at 8,ncba below 15 ..wake me up when this is achieved Even if the stated prices are attained, you will still not buy since the fear prevailing at the time shall be too much to bear. Fear of blood on the streets, the bloodbath!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Sufficiently Philanga....thropic wrote: The great unwind. The entire bull charge from 2003 wiped out. I wonder how many retail investors still remain in the market having peaked with the safaricom IPO...drop in numbers should be highly correlated to the bear run. The main purpose of the stock market is to make fools of as many people as possible.
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Madness at the NSE
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