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Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:09pm On May 28, 2018
Market

- its Clear & Present Danger
- bye bye to d 2 yr plus bull run
- welcome folks to d start of a bearish trend
- its falling knives season where cheap gets cheaper
- weekly charts are all falling patterns , most unable to hold RSI 50 level
- adjust accordingly to new price and mkt behaviour
- don't complicate ur drawdowns , it can still get much uglier from here
- if one cud short d market , dis is where to look for shorting opportunities
- we shud start seeing fresh 52 week lows , expect newer lows
- hv only seen one Death Cross , we wud likely see some more and be be lo loll


Recommendation
- sell into the ''relief'' rallies
- avoid averaging down

#Bless

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:10pm On May 28, 2018
woundjour!lol
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:18pm On May 28, 2018
fxuser:
Market

- its Clear & Present Danger
- bye bye to d 2 yr plus bull run
- welcome folks to d start of a bearish trend
- its falling knives season where cheap gets cheaper
- weekly charts are all falling patterns , most unable to hold RSI 50 level
- adjust accordingly to new price and mkt behaviour
- don't complicate ur drawdowns , it can still get much uglier from here
- if one cud short d market , dis is where to look for shorting opportunities
- we shud start seeing fresh 52 week lows , expect newer lows
- hv only seen one Death Cross , we wud likely see some more and be be lo loll


Recommendation
- sell into the ''relief'' rallies
- avoid averaging down

#Bless

Haba, just a strong pullback

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:31pm On May 28, 2018
This 5M gang, seems it's Aiico they are buying now o, diamond don fall their hand. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Parisfran(f): 12:33pm On May 28, 2018
Agbalowomeri:


Haba, just a strong pullback

� If people don't sell, how do you expect to buy Fidelity at 80k?

This one have pass pull back and correction. If only those people that feel TBILLS and Money market is useless hang around at periods like this. Bear season is a better teacher.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:35pm On May 28, 2018
Parisfran:


� If people don't sell, how do you expect to buy Fidelity at 80k?

This one have pass pull back and correction. If only those people that feel TBILLS and Money market is useless hang around at periods like this. Bear season is a better teacher.

Until it goes below 36,000, technically
Re: Nigerian Stock Exchange Market Pick Alerts by Parisfran(f): 12:42pm On May 28, 2018
Agbalowomeri:


Until it goes below 36,000, technically
20% right?

If it goes below, it won't be funny o.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:46pm On May 28, 2018
Parisfran:

20% right?

If it goes below, it won't be funny o.

It may still go below but not now; I expect a rebound from 38ish to 42
Re: Nigerian Stock Exchange Market Pick Alerts by IchimokuPilot: 12:57pm On May 28, 2018
Agbalowomeri:


It may still go below but not now; I expect a rebound from 38ish to 42

If foreign investors are the ones selling, it means they are also trapped currently... grin
The only way for them now is to pause selling and fake a rally coz looking at the volume, they are in for a long thing... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:06pm On May 28, 2018
IchimokuPilot:


If foreign investors are the ones selling, it means they are also trapped currently... grin
The only way for them now is to pause selling and fake a rally coz looking at the volume, they are in for a long thing... grin

They must have sold in January/Feb
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:06pm On May 28, 2018
How market?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:07pm On May 28, 2018
Agbalowomeri:


They must have sold in January/Feb

They are still in the market.

Some exchanges are done between foreigners.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:08pm On May 28, 2018
fxuser:
Market

- its Clear & Present Danger
- bye bye to d 2 yr plus bull run
- welcome folks to d start of a bearish trend
- its falling knives season where cheap gets cheaper
- weekly charts are all falling patterns , most unable to hold RSI 50 level
- adjust accordingly to new price and mkt behaviour
- don't complicate ur drawdowns , it can still get much uglier from here
- if one cud short d market , dis is where to look for shorting opportunities
- we shud start seeing fresh 52 week lows , expect newer lows
- hv only seen one Death Cross , we wud likely see some more and be be lo loll


Recommendation
- sell into the ''relief'' rallies
- avoid averaging down

#Bless

What if it halts today?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:10pm On May 28, 2018
Mpeace:
[b]This might just be true because there is no other justification for the selloff.

Are we emerging market or frontier market? grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:12pm On May 28, 2018
Some stocks will be punished.

Some will recover from the fall. Good stocks always.

Some will be relatively immune to fall.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:13pm On May 28, 2018
RabbiDoracle:


Are we emerging market or frontier market? grin

Maybe domino effect and herd behaviour will make it hit the frontier market.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:15pm On May 28, 2018
fxuser:
Market

- its Clear & Present Danger
- bye bye to d 2 yr plus bull run
- welcome folks to d start of a bearish trend
- its falling knives season where cheap gets cheaper
- weekly charts are all falling patterns , most unable to hold RSI 50 level
- adjust accordingly to new price and mkt behaviour
- don't complicate ur drawdowns , it can still get much uglier from here
- if one cud short d market , dis is where to look for shorting opportunities
- we shud start seeing fresh 52 week lows , expect newer lows
- hv only seen one Death Cross , we wud likely see some more and be be lo loll


Recommendation
- sell into the ''relief'' rallies
- avoid averaging down

#Bless

#Cash is the king.
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 1:15pm On May 28, 2018
RabbiDoracle:


Are we emerging market or frontier market? grin

We be "sidon look" market. grin
Re: Nigerian Stock Exchange Market Pick Alerts by samzepaparazi: 1:19pm On May 28, 2018
Funds are moving to the US. Most emerging markets are affected
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:21pm On May 28, 2018
After the shock MorganCapital finally sen their stock recommendations grin and their beloved Diamond bank is on SELL grin target price 1.13..
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:29pm On May 28, 2018
fxuser:
Market

- its Clear & Present Danger
- bye bye to d 2 yr plus bull run
- welcome folks to d start of a bearish trend
- its falling knives season where cheap gets cheaper
- weekly charts are all falling patterns , most unable to hold RSI 50 level
- adjust accordingly to new price and mkt behaviour
- don't complicate ur drawdowns , it can still get much uglier from here
- if one cud short d market , dis is where to look for shorting opportunities
- we shud start seeing fresh 52 week lows , expect newer lows
- hv only seen one Death Cross , we wud likely see some more and be be lo loll


Recommendation
- sell into the ''relief'' rallies
- avoid averaging down

#Bless
...nice one! Only JIJOist & MM should be buying in this market now!
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:29pm On May 28, 2018
Yayira:
After the shock MorganCapital finally sen their stock recommendations grin and their beloved Diamond bank is on SELL grin target price 1.13..


grin but people should have known na.

Don't listen to those firms. If they say stand, just take off.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:30pm On May 28, 2018
Yayira:
After the shock MorganCapital finally sen their stock recommendations grin and their beloved Diamond bank is on SELL grin target price 1.13..


Ugo should go and buy the stock. It is cheaper than when he issued BUY on it.
Re: Nigerian Stock Exchange Market Pick Alerts by safepaulooo(m): 1:31pm On May 28, 2018
RabbiDoracle:


grin but people should have known na.

Don't listen to those firms. If they say stand, just take off.

And if they say take-off, it's time to stand grin
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:34pm On May 28, 2018
RabbiDoracle:


grin but people should have known na.

Don't listen to those firms. If they say stand, just take off.
...wondering the kind of analysis they do!
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:49pm On May 28, 2018
mendes911:


I want to believe that MM guys wants serious full offers to show up today, then they will come and do their thing. Watching closely. grin
You are still believing where bear is in full action, there are more opportunity to sell now, than when the doors will be completely locked up.
Market is shouting sell sell sell sell sell sell sell sell grin grin grin grin grin grin grin grin grin
Is like the bear drank enough water before embarking on this journey, it refuse even to stop for water drinking break,

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Heledy(m): 1:51pm On May 28, 2018
what is the minimum diamond can go ?
Imagine i bought the stock @3.18....
Am totally fustrated now
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:59pm On May 28, 2018
Heledy:
what is the minimum diamond can go ?
Imagine i bought the stock @3.18....
Am totally fustrated now
It's time to take us serious, I am non sentimental individual, I stand on truth and reality. The way many attend prosperity preaching church, than salvation preaching church, is the way many here like bull posting quote, that bear present warning.

This period came earlier than expected, that's why many are trapped, as some will always buy hoping that a particular stock has bottomed out, only to discover that the gear to southern pole has just change to the next higher gear.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:00pm On May 28, 2018
Yayira:
After the shock MorganCapital finally sen their stock recommendations grin and their beloved Diamond bank is on SELL grin target price 1.13..


rubbish recommendations, they even silent by not includes some of the good one until they are loaded

grin grin

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:02pm On May 28, 2018
Chibuking81:

You are still believing where bear is in full action, there are more opportunity to sell now, than when the doors will be completely locked up.
Market is shouting sell sell sell sell sell sell sell sell grin grin grin grin grin grin grin grin grin
Is like the bear drank enough water before embarking on this journey, it refuse even to stop for water drinking break,

Coming from someone that "studied" Diamond Bank Q1 and said it will halt at 1.55 and return back to N2.

Continue Sir.

Read my previous post and understand what I was trying to say!

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 2:04pm On May 28, 2018
Heledy:
what is the minimum diamond can go ?
Imagine i bought the stock @3.18....
Am totally fustrated now
...Ah!!! Difficult!!! minimum it can go is the minimum it will go in a bear situation... 08 - 1.1 is feasible (even below)
You've already lost more than 50% of your capital. 2 Things to do are:

1. Sell! Sell!! Sell!!!
2. Or If I were in your shoe, I will forget about the stock and take it as a total loss.
embarassed

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:05pm On May 28, 2018
BullBearMkt:

...wondering the kind of analysis they do!
grin grin grin grin grin

Imagine seeing a YE loss and a Q1 2018 reduction by 75% and they still placed a BUY on it. Na wah ooo.

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