The market omen seems perfidious and there is a proclivity towards gargantuan bear!

mendes911:


Osuofia once said that "Zooom is better than statement" - It's better to run away from an incident, rather than having to go make statement at a police station...

People wan comot first, then seek later to know if DOW will affect NSE or not.

LOL.

Even when we predicted doom, we didn't do that with the intention of buying. But for more people to be saved.

I lost some fund in 2008, so I went into research to know the triggers for bear, mass psychology, greed and fear.

....and I passed.

waiting for fidelity bank @ 1:50

One love brother!

chunkuli:
nothing do you, na our market

sellydion:
Opportunity to load more, when the coast is clear.

This sell off wont last IMO.

NSE isn't so depressed like the EU, US and other world markets.

I'm.tending towards thinking like you. But what do I know?

I think you have been very objective on this forum to say the least, as always, the final decision lies on everyone's desk, It is a personal one.

RabbiDoracle:



Even when we predicted doom, we didn't do that with the intention of buying. But for more people to be saved.

I lost some fund in 2008, so I went into research to know the triggers for bear, mass psychology, greed and fear.

....and I passed.

@Oracle

I dey enjoy you ojare. I lost a lot in 2008 due to trading on margin.

I bought fundamentally sound stocks, but my impatient broker sold them to

offset the margin. Kai I came up with rule 2. Never borrow money to trade.

Time is always a good friend to those that bought and hold below the fair

value.

RabbiDoracle:



Even when we predicted doom, we didn't do that with the intention of buying. But for more people to be saved.

I lost some fund in 2008, so I went into research to know the triggers for bear, mass psychology, greed and fear.

....and I passed.

I know naww. That's why I was vocal against forum members that were churning out all manner of prices for some stocks.

Shebi Sam Loco don run comot from Transcorp. Same stock he exchanged words with me when I cautioned him about his price prediction. Likewise OneGentleGuy (abi na GodlyGuy, I don forget self) on Skye Bank and Dangote Flour.

Funny enough, the bears are not yet here. This is just knee jerk reaction to DOW and other markets. We will understand more when the market goes for correction. I pity the newbies though.

We keep watching shaa.

mendes911:


I know naww. That's why I was vocal against forum members that were churning out all manner of prices for some stocks.

Shebi Sam Loco don run comot from Transcorp. Same stock he exchanged words with me when I cautioned him about his price prediction. Likewise OneGentleGuy (abi na GodlyGuy, I don forget self) on Skye Bank and Dangote Flour.

Funny enough, the bears are not yet here. This is just knee jerk reaction to DOW and other markets. We will understand more when the market goes for correction. I pity the newbies though.

We keep watching shaa.

Sure bears never come. This is a sympathy move to other exchanges.
However, who knows what follows

Dwizeone:
Caverton seems to be riding solo - full bid, even with the blood bath, abeg where that guy way dey sight hot money, are the hot money guys still game abi na Rabbi theory of create the false full bids dey playout

Shuu !! ...Pls don't say it too loud.
...For Mr TIME is currently on board the CAVERTON airline off to the 4.5 boulevard.
...But he also intends to stop by and make a 'surprising August visit' to some stocks for which the son of men are presently pessimistic about.
...For the 'current dinner with Mr bear will soon round off as expected.

#MRTIMEMRBEARTHENMRBULL
#THEBEARBULLSWAP
#BELIEVE

The Dangotes will come out with good results that will sustain their share prices. The only thing I don't know is how far the bear can feast on them before the financial result will show face.

I am still holding with one eye on the bear.

sellydion:


Sure bears never come. This is a sympathy move to other exchanges.
However, who knows what follows

Let one bank release rubbish result, then we will know what follows.

I see opportunity to buy...only when this bear finish growing bear bear. My sight on access and Transcorp. House, any thought on these? I jumped out of Transcorp last week with 70% profit, it made me smile, maybe I can reload after it has shed some weight, but something tells me that access may shoot up someday soon. I am trading with my money, so I can wait a bit if I buy in. I will like your recommendations.

Of course I know I am trading at my own risk

[Oyibo quote author=EDUECO post=64833964]The market omen seems perfidious and there is a proclivity towards gargantuan bear![/quote]

mendes911:


Let one bank release rubbish result, then we will know what follows.

Sincerely speaking, 80% of the results that will be released by banks will not be able to sustain their share price. for example, I do not see dividend of: 30k from Diamond, 40k from Fidelity, First Bank 70k etc. Therefore, if they start releasing result now, their prices will still go down. But as a trader, you should keep an eye on them because there is limit to how far they can go before price will rebound, some sharp traders will still make 20% on this from time to time.

EDUECO:
The market omen seems perfidious and there is a proclivity towards gargantuan bear!

OMG ! ! ! !#lwkmd
U PPLE

RabbiDoracle:



Even when we predicted doom, we didn't do that with the intention of buying. But for more people to be saved.

I lost some fund in 2008, so I went into research to know the triggers for bear, mass psychology, greed and fear.

....and I passed.

umm 2008

those who were 10 , 15 , 20 yrs old , wud be 20 , 25 , 30 yrs old this yr .. umm interesting


#FreshMeat #RandomThot

EDUECO:
The market omen seems perfidious and there is a proclivity towards gargantuan bear!

sellydion:


Sure bears never come. This is a sympathy move to other exchanges.
However, who knows what follows

mendes911:


Funny enough, the bears are not yet here. This is just knee jerk reaction to DOW and other markets. We will understand more when the market goes for correction. I pity the newbies though.

We keep watching shaa.

cha! pple way buy high no go day happy with u na post

cc yariya

no shaking with veecovee, he bought solid Afriprud

http://www.nse.com.ng/Financial_NewsDocs/20817_ACCESS_BANK_PLC._CORPORATE_ACTIONS_FEBRUARY_2018.pdf

below for those who can't open link

Negative Divergence
Some examples for TA newbies
Weekly chart

Ex 1:
https://invst.ly/6jvcc

Ex 2 :
https://invst.ly/6jvec

Ex: 3
https://invst.ly/6jvg9

They are not long term reversal signals oh, more like letting u know bulls are exhausted on d last run up and pull back are expected. Some stocks may pull back to RSI 50 levels on d weekly for support. I treat them as Yellow flags in d short term esp if ur a position / swing trader IMO

DYOR

#RandomChart

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/20817_ACCESS_BANK_PLC._CORPORATE_ACTIONS_FEBRUARY_2018.pdf

since Oando 5% issue , NSE is working

fxuser:


umm 2008

those who were 10 , 15 , 20 yrs old , wud be 20 , 25 , 30 yrs old this yr .. umm interesting


#FreshMeat #RandomThot

My funds were small im 2008 but it was painful to have lost it.

In life, when you fall, stand you and fight back. Develop ways to beat the system. I vowed that I will not fall into this anymore.

The most painful thing about loss is when paper profits start to disappear. Better to stab a man than feel the pain of loss of paper gain.

currentprice:






cha! pple way buy high no go day happy with u na post

cc yariya

Talk less like me

mendes911:


Let one bank release rubbish result, then we will know what follows.

Any update on MSCI?

Prices are cheaper, yet they are not buying. Can't we ask ourselves questions?

$ (DXY) is strengthening with world markets falling only means that investors are cautious and this downward movement could persist into the coming months.

BTH/USD - 6400 The crypto's are driving the correction faster. Just reminds me of the movie - Wall Street Money Never Sleeps

Some have always predicted a correction was coming.

Modified: Gold price up - Assets moving into safe haven.

Tolktob:
waiting for fidelity bank @ 1:50

I doubt it.

This is a good stock to hold any time any day. However holding at a low price will be a gift from heaven if it happens.

kolaish:
Sincerely speaking, 80% of the results that will be released by banks will not be able to sustain their share price. for example, I do not see dividend of: 30k from Diamond, 40k from Fidelity, First Bank 70k etc. Therefore, if they start releasing result now, their prices will still go down. But as a trader, you should keep an eye on them because there is limit to how far they can go before price will rebound, some sharp traders will still make 20% on this from time to time.

@current price most stocks will not even give 5% .gt inclusive

RabbiDoracle:


Talk less like me

me don use to their acid

i will talk and even post reference

BBC funny well oh! Some made a kill already while some would hold an empty can.

Why African millennials can't get enough of Bitcoin

http://www.bbc.com/news/world-africa-42582343