₦airaland Forum

BullBearMkt:
...if you mean the possible area to watch out for a likely reversal, I will say the index needs all power to move above 39100 - 39600 to create a medium term rally and 40700 for long term rally to be established. For now, the bulls in the market is still short term and needs all power to overcome awaiting resistances at the highlighted zones.

IchimokuPilot:
I am bearishly bullish...

onegentleguy:
Am sure u noticed how the 'REAL 2.28 pm GANG' came in at market closure to push Mr ZENITH and a few others back up to their day highs ?
...'they wait patiently on the sideline' ...while the shaky fingers have their day.
I repeat; the BULLS aren't done just yet !!

We are here.

onegentleguy:
When some folks are done selling, we shall continue to move forward !!
For with some select stocks, upside potential is still far more than any downside risk.
...and so take it or leave it, the BULLS aren't done just yet !!

We shall continue to march forward !!
...we are still here.

RabbiDoracle:
People suddenly became quiet.

deathly silence.

robobo:
i sincerely doubt if the battle can be won
so its better to start preparation for a retreat
though for the sake of mysef i wld wish the battle is won
but reality one must face

Agbalowomeri:
Patience!
Overhead supply plenty

Jejebabaa:
but successful traders are more patient with the upside than the downside because they allow their winners to run and cut their losses or is the reverse the case in NSE, just asking boss.
What do i know sef.

yok:
MSCI MOVEMENT IN PORTFLIO FOR 6 JUNE 2018/GENERAL MARKET COMMENT

The market is coming alive little by little. The fund have started buying. This is a good relieve for the market.
In the light of the recent bear market, there is need to be more nimble in the market. We observed that the market can fall faster than when it is rising.

Now I will stick to watching when the MSCI Net Asset Value (NAV) loses up to 5% on weekly basis, I will slow down and when the losses is 10% on monthly basis, I will exit the market as fast as possible.

Looking at what the fund is buying now, I am not a fan of most of them especially when I am practicing some “rogue trader” tactics to quickly collect some dividends that others have worked or did they suffer for it!!! Sorry I will not tell the name of any now we have named them in the past, the prices have fallen such that further price fall after my dividend collection is very minimal.

Using the fund’s portfolio as a guide, “green” mean buying while “red” is selling.
Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

Agbalowomeri:
Can we retest 52-week high(s) or is that a pipe dream?

Intendy:
stocks with new 52 week lows

Total #193.30k

UACN #14.00k

No new 52 week highs.

Parisfran:
Something that will soon reach 5 years low sef.

mendes911:
Wapco and Flourmills.

IchimokuPilot:
When the market comes back to retest those lows of friday, many shall panic the more and drive the index yet lower.....
Markets love retests, but you can not predict when.
If it discovers the point is weak, Janet appears....
The earlier the retest the better, to avoid inferred political interpretations that will wax to a halt the slow grinding engines of the exchange.
This is the time to arrange your cash like military formations, approach the market purely from a war perspective.
Have a clear and well defended retreat passage. Never move all your army to any one battle, your friendly neighbours may have been submissive enemies of necessity and may have been keenly waiting for an opportunity.
Never rush to fire at a few wandering soldiers and expose your location....
Use more snippers at this stage....

PETERiCHY:
The way NSEMPA now view their PORTFOLIOS

fxuser:
http://uk.businessinsider.com/r-traders-boost-bets-on-fed-interest-rate-rises-2018-6?IR=T

gbengus50:
I think the bearish trend might continue for a while as foreign investors are shifting to US Treasury Bills as the yield is getting better. IMHO,I might be wrong and some stocks might experience a reversal.

musty00:
Things are happening at lightening speed this year.

If the index loses on Monday (tomorrow), the losing streak this year will tie with what we witnessed around October/November 2014 (highest since 2010).

A reversal is likely soon.

Not a recommendation o.

Asmaraabc:
I have been counting my losses since February applying average down approach. 2 weeks ago, i decided to be on watching mode, although, promised myself not to sell at loss come what may. Reading a couple of analysis from many ogas this weekend, i begin to be tempted to average down again on Zenith only. Is it a good direction? Useful advice is needed from everybody before giving instruction to my broker.