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Why is the market so volatile today?
Rank: Member Joined: 7/23/2008 Posts: 99
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I have been watching share prices since morning today.There has been price swings of shares with the top gainer not 'surviving' in the position for more than an hour.Any one with details on the cause of price swings ? a technical hitch or market manipulation?
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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@haiyaa there is no manipulation its just with mumias there is major resistance (higher supply than demand) at above 13bob... Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 2/1/2007 Posts: 112 Location: Nairobi
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I bought into mumias last week and already its 8% up. I'm so loving this. It's amazing what you can achieve when you get rid of fear.
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Rank: Chief Joined: 1/3/2007 Posts: 18,120 Location: Nairobi
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Dont cry manipulation ovyo ovyo... Some people buy, others sell... Manipulation is when there is 'unfairness' in the process... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Wazua
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Why is the market so volatile today?
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