dont think so.....investors are cashing in on the good company results therefore the rise is temporary - i dont think the price rise will hold. who has the surplus income to be investing during these difficult times?

@mainat

I agree with you although not over kabisa...we still have some bottlenecks that need to be addressed in our market before we can celebrate.

Kudos to the NSE change of guard.....CMA and Micah likely to shape up NSE is welcome.

Buses are leaving and guys need to board.....

me boarded....equity at 10bob.....Kenya re at 9.50 and KCB at 17.50

Disclaimer : This is my opinion and not a recommendation.

But you can wait until NSE gets to 4,000. Not anytime soon.
Pops-have you been following real estate lately? Prices have doubled in Karen,Runda et al in the last 12 months alone...
Pesa iko.
The only thing that will push NSE back to 2,300 is a civil war. Not even Gen Kiguoya passing away will push us back there.

www.mjengakenya.blogspot.com

@ mainat- real estate price rose since many were divesting/diverting from paper assets

I think its a short bull run aka a calf


Me first,U next

Even though the recession might have bottomed,I dont think the bear market is over. In fact,I believe stocks are overdue for a correction. Here in States,the stocks have had a 8 week rally,no way that is sustainable,you know why,coz the volume aint that great and there's a lot of money siting on the sideline waiting to get in after the next pullback.

Every great recession and depression has a massive rally,even during the Great depression,the markets rose 50% at one time only to plunge. So untill I see higher volumes,I will cautiously play this bear with my fingers at the trigger ready to bolt and preserve what I've already gained so far.

But when you play both sides of the market like I do,bear or bull run is good for business. For those of you with balls of steel( for the ladies,testicular fortitude) may I recommend to you some easy derivatives plays that have rewarded me big time during both the bull and the bear runs. These are Direxion Financial Bull 3X(NYSE: FAS) and its sister in crime: Direxion Financial Bear 3X(NYSE:FAZ). Like the 3X says,you get rewarded 3 times the average financial index return for the day. Take today for example,the financials soared on average about 9%,FAS soared 26% and FAZ plunged 26%.

I will not even bother try to explain how this works coz most derivatives are just too hard to understand in one tread posting(leave alone through finance graduate courses),but if you understand derivatives and is a risk taker,then welcome aboard. Word of caution,please dont hold these stocks overnight even if you're a derivatives pro,you will lose your shirt faster than you can say sell.