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Of psychological barriers
Rank: Member Joined: 10/28/2008 Posts: 41
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Rank: Member Joined: 2/15/2010 Posts: 135 Location: Kenya
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I thought the whole idea about stocks was to buy when it has hit the fan and it can't get any worse-using money you can afford to loose then sell when it's unreasonably high when everybody is waiting to see just how much higher it can go.
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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my fears are being confirmed as we head toward general elections more selling is expected and this might be the begining of things (worse) to come..Cash is King..
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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I agree, selling was expected as we head towards the unstable times. But, isnt it too early, if the ellections are to be held in august then we are offloading 12 months earlier?! Some things are not adding up here. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Sober wrote:I agree, selling was expected as we head towards the unstable times. But, isnt it too early, if the ellections are to be held in august then we are offloading 12 months earlier?! Some things are not adding up here. Relax...its only temporary...the market will go up again b4 end month...then we will have a real bear...my animal instict!
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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i remeber guys saying they buy bargains as they see them....What a whack investment strategy....am market like ours thats so weak and uncertain how the heck do you even start by putting money in...I amnt touching anything untill next year... just coz stocks are low doesnt mean you buy them they cld go even lower. as happening now... ave put my breaks on getting a.k coz i see it heading south futhure..lets see..
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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lovely2010 wrote:Sober wrote:I agree, selling was expected as we head towards the unstable times. But, isnt it too early, if the ellections are to be held in august then we are offloading 12 months earlier?! Some things are not adding up here. Relax...its only temporary...the market will go up again b4 end month...then we will have a real bear...my animal instict! you are talking of the bourse going down and then regaining at the end of the monthh, what will lead to the mimi-bull... African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Just trying to psyche up...anyway...if we have started the bear we have options to exit now and buy when the shares are very low... In this way, you will be able to buy many shares compared to what you are holding right now. take a close look on daily highs and lows of each counter so that we come up with an exit strategy...
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Sober wrote:lovely2010 wrote:Sober wrote:I agree, selling was expected as we head towards the unstable times. But, isnt it too early, if the ellections are to be held in august then we are offloading 12 months earlier?! Some things are not adding up here. Relax...its only temporary...the market will go up again b4 end month...then we will have a real bear...my animal instict! you are talking of the bourse going down and then regaining at the end of the monthh, what will lead to the mimi-bull... Half & Full year results.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Which money is this that u ready to lose? just give it to me & see
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Furthermore, I am more concerned about the out-come @ICC this September than elections in Aug. Real game changer either up or down!! (inabidi unakaa sober nani...)
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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FYI the stocks can only dip to a certain level after which they can only stabilise, with or without the elections, and then we will see volumes and trades thin. Those who monitored the trend in 2002 particularly in the run up to the elections will agree with me the stocks only dropped in the 1st 9 months after which the prices bottomed out albeit with thin trades from October into the new dispensation. So i agree with @cde, the game changer could as well be the ICC. On the constitution, i like the fact that the boundaries commision has been signed into law. On the economy, oil prices are showing signs of topping off and Q4 will definitely be better than Q3, atleast coz of the rains. The herd mentality is at play here. Everyone will rush to sell coz of elections. We'll end up selling at the same time and after that, the prices will again stage a comeback. We will then again buy at the same time, probably at even higher prices than we exited at. If u intend to sell, i wonder what u r waiting for, take @QWs advice. If u have some cash, u r one lucky guy, jus stock up and like the crocodiles, wait to take the plunge as the "wilderbeasts " migrates in droves! @SufficientlyP
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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looking forward to moping AK like a nonsence at number six....in other news...i'm nursing a 25% loss on COOP Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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A.k at 4 bob Gai fafa !!!!!!!!!!!!!! i think i will sell my house , wife,cat ,dog, to me some a.k .patience is key here,. i wounder where it will settle at ...
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Rank: Member Joined: 10/28/2008 Posts: 41
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AK looking good at these prices....bt H1 results are around the corner....wonder if they will have 'one-off adjustments' that will lead to more losses? The crowd will cheer your coronation as well as your beheading. People like a show, that's all.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Sufficiently Philanga....thropic wrote:FYI the stocks can only dip to a certain level after which they can only stabilise, with or without the elections, and then we will see volumes and trades thin. Those who monitored the trend in 2002 particularly in the run up to the elections will agree with me the stocks only dropped in the 1st 9 months after which the prices bottomed out albeit with thin trades from October into the new dispensation. So i agree with @cde, the game changer could as well be the ICC. On the constitution, i like the fact that the boundaries commision has been signed into law. On the economy, oil prices are showing signs of topping off and Q4 will definitely be better than Q3, atleast coz of the rains. The herd mentality is at play here. Everyone will rush to sell coz of elections. We'll end up selling at the same time and after that, the prices will again stage a comeback. We will then again buy at the same time, probably at even higher prices than we exited at. If u intend to sell, i wonder what u r waiting for, take @QWs advice. If u have some cash, u r one lucky guy, jus stock up and like the crocodiles, wait to take the plunge as the "wilderbeasts " migrates in droves! Well said! I for one do not think that we will have a bear until the elections. But bearish sentiment can also be a godsend to get some shares at a bargain. Even with the "bear", money has been made in Uchumi & KK in the recent past. Of course guys have also seen losses in portfolios with a buy and hold strategy...but that's the market for you.
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Rank: Member Joined: 5/31/2011 Posts: 250
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QW25071985 wrote:A.k at 4 bob Gai fafa !!!!!!!!!!!!!! i think i will sell my house , wife,cat ,dog, to me some a.k .patience is key here,. i wounder where it will settle at ... Am willing to part with some cash. Any offer on the wife and dog? The house and cat? No! Don't want you to be homeless & am allergic to cats. Tihihi You lose money chasing women, but you never lose women chasing money - NAS
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Rank: Member Joined: 1/26/2011 Posts: 211 Location: Nairobi
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I've been watching Jubilee slump slowly and the temptation to grab a chunk is so tempting.
Cash, patience and timing is key now, but i think theres some money to be made in the upcoming Britak IPO, good counters might be sold at silver prices for Gold.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Kirika wrote: but i think theres some money to be made in the upcoming Britak IPO, good counters might be sold at silver prices for Gold.
I was at D&B today, I was very surprised to hear they haven't received the Britak or Bank of Kigali prospectus. It's a shame for D&B considering it's owner, Jimnah Mbaru is the largest Britak individual shareholder with 20%. Does he know that this IPO starts on Tuesday? BBI will solve it :)
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Rank: Veteran Joined: 2/12/2008 Posts: 1,178
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2012 wrote:[quote=Kirika] but i think theres some money to be made in the upcoming Britak IPO, good counters might be sold at silver prices for Gold.
I was at D&B today, I was very surprised to hear they haven't received the Britak or Bank of Kigali prospectus. It's a shame for D&B considering it's owner, Jimnah Mbaru is the largest Britak individual shareholder with 20%.
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