Stock Market Tips For Nigerians

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Author Topic: Stock Market Tips For Nigerians  (Read 500344 views)
ololufemi
Re: Stock Market Tips For Nigerians
« #7520 on: December 12, 2007, 02:54 PM »

@ All especially Pumping.

Na beg I dey beg and I dey humble.

How can I use the Megaupload. I cannot download anything oh
Femtex (m)
Re: Stock Market Tips For Nigerians
« #7521 on: December 12, 2007, 02:58 PM »

@ All

Is it me, or is Skye bank on Technical Suspension. Does that mean sky bank is also coming to the market. Does anybody have more information on this? Please share
blest (m)
Re: Stock Market Tips For Nigerians
« #7522 on: December 12, 2007, 03:01 PM »

Quote from: jehosaphat on December 12, 2007, 02:38 PM
@ blest .

You didnt get the full gist. You conceited ass!!  Grin ;DBeing an engineer is good but it's not a prerequisite to success in stocks. I deliberately claimed the "soothsayer" profession to show that you could be anything and still make informed, analytical decisions. My actual profession is extremely rewarding and the remuneration matches the fun ( no other job in the world comes close),  Engineer like u no fit use megaupload sef,  Grin Grin Grin

do u know what, i forgive u for using such a terrible word on me. i was actually appreciating all your wise words on the  forum.Have a beautiful day.
lawalidowu (m)
Re: Stock Market Tips For Nigerians
« #7523 on: December 12, 2007, 03:03 PM »

@ ololufemi

I am not so sure megaupload works with starcomms (NOT SURE O!)
If u have a slow internet connection, when u enter the code, the page reloads asking u to enter another code.
i am quite sure it works in most cafes.

@fatherof2
this one they have arrested Ibori; are u still in on the oceanic strategy u proposed with UBA?

@ fundamentalists
which 5 insurance companies can we see entering double figures by mid 2008? any news on mergers yet?
lawalidowu (m)
Re: Stock Market Tips For Nigerians
« #7524 on: December 12, 2007, 03:05 PM »

@ jehosaphat
soothsaying and proverbs tend to g hand in hand. i am sure if there was a poll on your occupation, soothsaying will get the hands off. this our thread is used to few curse words? why u wan spoil am now  Huh Huh Huh
MyPeace (f)
Re: Stock Market Tips For Nigerians
« #7525 on: December 12, 2007, 03:07 PM »

Quote from: jehosaphat on December 12, 2007, 02:38 PM
@ blest .

You didnt get the full gist. You conceited ass!! Grin ;DBeing an engineer is good but it's not a prerequisite to success in stocks. I deliberately claimed the "soothsayer" profession to show that you could be anything and still make informed, analytical decisions. My actual profession is extremely rewarding and the remuneration matches the fun ( no other job in the world comes close), Engineer like u no fit use megaupload sef, Grin Grin Grin



too bad of you.  Where is your sense of humour?Huh?
jehosaphat
Re: Stock Market Tips For Nigerians
« #7526 on: December 12, 2007, 03:07 PM »

Blest
Why u dey vex quick like this. Wetin "terrible" for "conceited", abi u no sabi the meaning? Theasurus defines it as "big-talking" which is what I meant. All na joke sha. Abeg nor vex o! No allow my "terrrible" comment spoil your day,
texas543 (m)
Re: Stock Market Tips For Nigerians
« #7527 on: December 12, 2007, 03:08 PM »

Quote from: blest on December 12, 2007, 03:01 PM
do u know what, i forgive u for using such a terrible word on me. i was actually appreciating all your wise words on the forum.Have a beautiful day.

You should have a better sense of humour than that friend. She was just kidding! But if you feel offended by her choice of words, I apologize on her behalf or do you want to kill the goose that lay the golden egg Grin
pumping777 (m)
Re: Stock Market Tips For Nigerians
« #7528 on: December 12, 2007, 03:09 PM »

Quote from: ololufemi on December 12, 2007, 02:54 PM
@ All especially Pumping.

Na beg I dey beg and I dey humble.

How can I use the Megaupload. I cannot download anything oh

You no be engineer?? Grin Grin Grin
Ok. Let me try laymans' language.

- Click on the link of for the file you want to download and it takes you to the mega upload site.
e.g. - http://www.megaupload.com/?d=323TP97D

- Towards the top right hand corner, you will find a "download" button.

- To the left of this you will find an empty text field that you can type into.

- To the left of this you will see "here:"  Grin Grin

- To the left of this you will see a number of characters. There are normally 3 characters.

- Type these characters into the empty text field and click the "download" button.

- It takes you to another page. Here you will find 3 columns - Feature, premium and free.

- Since you are not paying, you can only dowload from the free column but you have to wait for a count down of about 30 seconds for being a free loader Grin

- After this count down from 30 to zero, the "Free dowlolad" button is visible and enabled and you can click on this to download your file.
jehosaphat
Re: Stock Market Tips For Nigerians
« #7529 on: December 12, 2007, 03:10 PM »

Dear Nairalanders, make una nor vex abeg!!. I no say na engineers full this forum so I am expecting a hailstorm but I dont see anything "terrible" in "conceited". It is neither a curse word nor demeaning in anyway. I am sure that there are several connotations for it but I meant "big-talking" and thats all. Those who choose to be offended, where is YOUR own sense of humor?
jehosaphat
Re: Stock Market Tips For Nigerians
« #7530 on: December 12, 2007, 03:12 PM »

Texas thank you o!
But I no be "she" o,  Huh Huh Abi u don see woman wey dey answer Jehosaphat? U go marry woman with that name?
blest (m)
Re: Stock Market Tips For Nigerians
« #7531 on: December 12, 2007, 03:12 PM »

Quote from: jehosaphat on December 12, 2007, 03:07 PM
Blest
Why u dey vex quick like this. Wetin "terrible" for "conceited", abi u no sabi the meaning? Theasurus defines it as "big-talking" which is what I meant. All na joke sha. Abeg nor vex o! No allow my "terrrible" comment spoil your day,

And guess ass means mouth too in that your dictionary.Am too big for your terrible comments to spoil my day.Pls have a nice day.I dont want to comment on this anymore,i rather put my energy to something more enlightening.Thank you.
pumping777 (m)
Re: Stock Market Tips For Nigerians
« #7532 on: December 12, 2007, 03:14 PM »

Quote from: jehosaphat on December 12, 2007, 03:10 PM
Dear Nairalanders, make una nor vex abeg!!. I no say na engineers full this forum so I am expecting a hailstorm but I don't see anything "terrible" in "conceited". It is neither a curse word nor demeaning in anyway. I am sure that there are several connotations for it but I meant "big-talking" and thats all. Those who choose to be offended, where is YOUR own sense of humor?

I think this was just a misunderstanding but apologies accepted on behalf of the house.

@blest - I beg no vex.
jehosaphat
Re: Stock Market Tips For Nigerians
« #7533 on: December 12, 2007, 03:18 PM »

Me sef don retire from this dicsussion. Blest next time let sleeping soothsayers lie,  And "ass" does not necessarily mean anatomical "ass" Huh Huh Na wa for you o, !
texas543 (m)
Re: Stock Market Tips For Nigerians
« #7534 on: December 12, 2007, 03:23 PM »


Quote from: jehosaphat on December 12, 2007, 03:12 PM
Texas thank you o!
But I no be "she" o, Huh Huh Abi u don see woman wey dey answer Jehosaphat? You go marry woman with that name?

How I go know? You didnt indicate whether you are male, female or she-male Tongue

@ all

Where is AKTOPGUN Huh Huh Huh
FatherOF2
Re: Stock Market Tips For Nigerians
« #7535 on: December 12, 2007, 03:35 PM »

PEACE everybody PEACE

@Blest
  Be happy its ok.
@jehosaphat
  Be happy too.we're at peace.
grabdaloot (m)
Re: Stock Market Tips For Nigerians
« #7536 on: December 12, 2007, 03:36 PM »

blest,

My understanding is that you select a stock to invest in based on fundamentals and but you decide on when to invest in that stock based on technical evaluation. Going a few threads back I see that easimoni posted some charts, that was awesome especially the RSI you see in the NSE, all stocks experience a turn around when the RSI gets to about 85. It is a function of the volume traded, loss/gain. The modified RSI incorportes the number of deals per day of the stock, losing stocks depending on the industry they are classified in hold out at about 30-25 or even turn around. so lets assume I want to buy a stock and it is gaining 5% everyday I will check out the RSI chart for that stock if it is still about 40 or 50 then I will buy but if it is approaching 75 I will back-off. So you see, that I love grabbing the loot doesn't mean that I don't do my homework. I do it very well. You can quote me on this one "RSI WORKS" people have made hundreds of millions in the NSE from it
blest (m)
Re: Stock Market Tips For Nigerians
« #7537 on: December 12, 2007, 03:40 PM »

Quote from: FatherOF2 on December 12, 2007, 03:35 PM
PEACE everybody PEACE

@Blest
  Be happy its ok.
@jehosaphat
  Be happy too.we're at peace.

Thanks bro.am ok.
easimoni (m)
Re: Stock Market Tips For Nigerians
« #7538 on: December 12, 2007, 03:41 PM »

Quote from: VIPICO on December 12, 2007, 09:32 AM
Easimoni, this is kindda confusing. I thought you guys had earlier put a sale recommendation on CILeasing?

Nope, I didn't say so. I said it was too early to buy and then the 9 months came out and the market jumped! I think it's a good stock but a bit too expensive right now. But if the growth continues in triple digits, It will look cheap 6 months from now.

My plan is to bite the bullet and start to buy now. If the price comes down, good; I'll simply average down
blest (m)
Re: Stock Market Tips For Nigerians
« #7539 on: December 12, 2007, 03:52 PM »

Quote from: grabdaloot on December 12, 2007, 03:36 PM
blest,

My understanding is that you select a stock to invest in based on fundamentals and but you decide on when to invest in that stock based on technical evaluation. Going a few threads back I see that easimoni posted some charts, that was awesome especially the RSI you see in the NSE, all stocks experience a turn around when the RSI gets to about 85. It is a function of the volume traded, loss/gain. The modified RSI incorportes the number of deals per day of the stock, losing stocks depending on the industry they are classified in hold out at about 30-25 or even turn around. so lets assume I want to buy a stock and it is gaining 5% everyday I will check out the RSI chart for that stock if it is still about 40 or 50 then I will buy but if it is approaching 75 I will back-off. So you see, that I love grabbing the loot doesn't mean that I don't do my homework. I do it very well. You can quote me on this one "RSI WORKS" people have made hundreds of millions in the NSE from it

i see u really do your homework but the thing about all this analysis to me is how u are able to translate it to become a money spinner.i dont even use RSI yet (intend to sturdy it this weekend) but men with the infomation i have  am able make some good money.i give u an example,in the house nobody has been saying anything bout intercontinental but in some few days i have made over half million and still counting.We can do all the maths but let it translate.
easimoni (m)
Re: Stock Market Tips For Nigerians
« #7540 on: December 12, 2007, 03:52 PM »

Quote from: grabdaloot on December 12, 2007, 03:36 PM
blest,

My understanding is that you select a stock to invest in based on fundamentals and but you decide on when to invest in that stock based on technical evaluation. Going a few threads back I see that easimoni posted some charts, that was awesome especially the RSI you see in the NSE, all stocks experience a turn around when the RSI gets to about 85. It is a function of the volume traded, loss/gain. The modified RSI incorportes the number of deals per day of the stock, losing stocks depending on the industry they are classified in hold out at about 30-25 or even turn around. so lets assume I want to buy a stock and it is gaining 5% everyday I will check out the RSI chart for that stock if it is still about 40 or 50 then I will buy but if it is approaching 75 I will back-off. So you see, that I love grabbing the loot doesn't mean that I don't do my homework. I do it very well. You can quote me on this one "RSI WORKS" people have made hundreds of millions in the NSE from it

Abeg, jist me some more O! I only just started calculating the thing (finished a couple of days ago), not yet used it on the NSE.
easimoni (m)
Re: Stock Market Tips For Nigerians
« #7541 on: December 12, 2007, 03:56 PM »

Quote from: blest on December 12, 2007, 03:52 PM
i see u really do your homework but the thing about all this analysis to me is how u are able to translate it to become a money spinner.i don't even use RSI yet (intend to sturdy it this weekend) but men with the infomation i have am able make some good money.i give u an example,in the house nobody has been saying anything bout intercontinental but in some few days i have made over half million and still counting.We can do all the maths but let it translate.

 Huh I believe "grabdaloot" gave a good example of the use of RSI. If a stock has been gaining 5% for days, but it if the RSI is still low, don't buy if the RSI has hit 75. What more do you want?  Huh I don't subscribe to specific buy/sell instructions (homwork, homework). Let's bring the use of the indicator up for discussion instead of asking asking users/"gurus" to feed us.

I'd like to see if it is indeed useful of if I just wasted my time and two Excel textbooks  Tongue
Geees
Re: Stock Market Tips For Nigerians
« #7542 on: December 12, 2007, 03:57 PM »

Quote from: easimoni on December 12, 2007, 03:41 PM
Nope, I didn't say so. I said it was too early to buy and then the 9 months came out and the market jumped! I think it's a good stock but a bit too expensive right now. But if the growth continues in triple digits, It will look cheap 6 months from now.

My plan is to bite the bullet and start to buy now. If the price comes down, good; I'll simply average down

On c and i my take is in one year they'll make over 100% ROI all things going well.  
I suggest enter soonest because the 2007 profits will be super.  Benefited from their services and they sure have some good money cruchers, Anyone thinking of buying a suzuki? its a 12 naira stock soon.
blest (m)
Re: Stock Market Tips For Nigerians
« #7543 on: December 12, 2007, 04:00 PM »

Quote from: easimoni on December 12, 2007, 03:56 PM
Huh I believe "grabdaloot" gave a good example of the use of RSI. If a stock has been gaining 5% for days, but it if the RSI is still low, don't buy if the RSI has hit 75. What more do you want?  Huh I don't subscribe to specific buy/sell instructions (homwork, homework). Let's bring the use of the indicator up for discussion instead of asking asking users/"gurus" to feed us.

I'd like to see if it is indeed useful of if I just wasted my time and two Excel textbooks  Tongue

totally agree with you easimoni. the way he explained this stuff made so much sense to me.

@grabdaloot

u have to put us thru this RSI thing oh Shocked
grabdaloot (m)
Re: Stock Market Tips For Nigerians
« #7544 on: December 12, 2007, 04:04 PM »

if it was for fundamentals alone i wouldn't touch INTERCONT with a ten-foot pole (PE is about 45), 19b shares outstanding, an investors nightmare, but looking at the RSI chart just now I see it still has some way to go might possibly get to N40. Present RSI is about 65 so it still has some way to go before it gets to 85. My suspicion, is that the stock is being manipulated to get to N40 and then,  yes you guessed right tech.suspension for reconstruction. The mgmt of the bank is too wise to know that they can't handle 19+ billion shares. So just be careful there so you don't get caught out.
grabdaloot (m)
Re: Stock Market Tips For Nigerians
« #7545 on: December 12, 2007, 04:14 PM »

for anyone that is interested, "Technical Analysis and Stock Market Profits by R Schabacker" really nice reading if you really want to understand technicals Undecided
easimoni (m)
Re: Stock Market Tips For Nigerians
« #7546 on: December 12, 2007, 04:18 PM »

Quote from: grabdaloot on December 12, 2007, 04:04 PM
if it was for fundamentals alone i wouldn't touch INTERCONT with a ten-foot pole (PE is about 45), 19b shares outstanding, an investors nightmare, but looking at the RSI chart just now I see it still has some way to go might possibly get to N40. Present RSI is about 65 so it still has some way to go before it gets to 85. My suspicion, is that the stock is being manipulated to get to N40 and then, yes you guessed right tech.suspension for reconstruction. The mgmt of the bank is too wise to know that they can't handle 19+ billion shares. So just be careful there so you don't get caught out.

Grabdaloot has a point. Look at Nov 07 on the chart, the RSI is at 40 and the MACD is trending up towards the signal line; both "buy" signals. As he said, the RSI is now 65 (thank God O! I still sabi book  Tongue Grin) as shown by the last point on the chart. Dunno who is moving the stock, but it all fits.

Going through the last 12 months for most stocks on the NSE, if the RSI hits 40, it has a 50/50 chance on going on a 25%+ bull run. Grabdaloot; na so in your experience?  Huh


* InterCont Tech Chart.jpg (77.19 KB, 499x743 )
easimoni (m)
Re: Stock Market Tips For Nigerians
« #7547 on: December 12, 2007, 04:24 PM »

Quote from: grabdaloot on December 12, 2007, 04:14 PM
for anyone that is interested, "Technical Analysis and Stock Market Profits by R Schabacker" really nice reading if you really want to understand technicals Undecided

Good, I've found my xams present to myself. Muchas gracias.
Femtex (m)
Re: Stock Market Tips For Nigerians
« #7548 on: December 12, 2007, 04:27 PM »

Mr easimoni,
How body, How work
FatherOF2
Re: Stock Market Tips For Nigerians
« #7549 on: December 12, 2007, 04:32 PM »

Some guys are getting warmer to cracking one of NSE's code's i've told you about.
Crack that code and you'll be making money every month.


Go on RSI. grabdaloot give dem more.
easimoni (m)
Re: Stock Market Tips For Nigerians
« #7550 on: December 12, 2007, 04:33 PM »

Quote from: Femtex on December 12, 2007, 04:27 PM
Mr easimoni,
How body, How work

Body dey for cloth. This dramatic change of weather for your town na something o! Leather jacket one day, t-shirt the next, rain coat the day after! O ga ju!
EMMAACHILE (m)
Re: Stock Market Tips For Nigerians
« #7551 on: December 12, 2007, 04:41 PM »

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