₦airaland Forum

Those with eagles eyes sharpen up for 20% pullbacks
Not for the faint-hearted though

pluto09:
He did not see anything.
If he had seen this he would not have said gtb will go down while access and uacn will go up

Yes,that Uacn is a stock to watch if not the current situation of the market

Agbalowomeri:
Those with eagles eyes sharpen up for 20% pullbacks
Not for the faint-hearted though

As from when sir?

GTB on full-offer

meshpips:
There is an opportunity at the moment.

If you are interested send me a private message.

Note: It is not equities. Instead it is commodities.

I won't trade commodities now. The volatility is way too high.

arduino:
Onifa, Mendes, and Peter right now.

Arduino right now.

Mcy56:
It's not end of the world yet, make those creating fear relax biko.
My only take is for individuals to have a plan going forward cos some unseen forces are at work ......it will continue to go upandan
The main thing is to be looking for fund and more fund now. Then restragize.

We will still be making money.
If you watch market closely now,you will notice three days decline,two days reverse.

Those who will buy zenith on the mark down date( tomorrow) may gain access to 10%.

Wednesday market is a special one

lancee:
https://www.abokifx.com/news/over-26-billion-wiped-off-cryptocurrency-market-in-24-hours-after-massive-oil-price-plunge-cnbc


Na everywhere the thing spread

Look at US 2 year and 10 year treasuries. They are losing 38% and 36% respectively. All investirs are rushing into it and crushing the rates further to zero.

I don't think Jay Powell will wait any longer. Heat wan finish Powell.

pluto09:
https://punchng.com/breaking-nigeria-confirms-second-coronavirus-case/

This one is no more the issue on ground.The disagreement in Opec+ meeting was not as a result of coronavirus

Agbalowomeri:
Those with eagles eyes sharpen up for 20% pullbacks
Not for the faint-hearted though

You go trap o.

If DOW trades today and loses 2K+, then Oscar should just deduct like 5% from the index and don't open shop tomorrow.

locodemy:
We will still be making money.
If you watch market closely now,you will notice three days decline,two days reverse.

Those who will buy zenith on the mark down date( tomorrow) may gain access to 10%.

Wednesday market is a special one

Yes Loco. In the midst of all these opportunities will be coming up. That's why there's the need to restragize and move with the trend.
Last week/last two weeks, few people still made money despite the heightened fear of Covid19.
I will only advice the newbies to hold their cash or take it to MMF (money market fund) for now. Lots of unusual things are happening in the market.

pluto09:
Not that fast.....

Just keep your eyes on Dow, EU markets, Asian Market.

Italy opened 11% down today. What more do we expect?

Those who were saying that there is no correlation between NSE and BRENT. I hope you're seeing the correlation now.

When BRENT is down, TA, FA, FDI, FPI, PFA, single and double bottom, pullback and correction, reversals etc don't stand a chance.

which other one did I miss sef .

The real question now is -

Which body part are you sweating from

a forehead

b armpit

c both

Lets hope Russia comes to the table ...
With this Saudi price war...
At least with an extension...
Even if they dont agree to the new oil cut deal....

RabbiDoracle:
Let's look at it this way. Now Zenith is at 17.

Tomorrow is markdown. So 2.50 will be deducted. This takes it to N14.50.

If that same day there is this huge offer to exit, then take 10% off the 14.50. This brings it to N13.10.

Same offer on Wednesday, this takes it to N11.80

Thursday : 10% off, this becomes N10.7

Friday : end of discussion, same 10% offer N9.7

Then next week, we don't know the news that will be out then.

Is N5 not close?

Scary analysis. Please stop!

RabbiDoracle:
You go trap o.

If DOW trades today and loses 2K+, then Oscar should just deduct like 5% from the index and don't open shop tomorrow.

It's too heavy
If index get to 20/21
There will be pullbacks to 24 before things settle
And people can lock in 20-40% on the short term
Price action will give the signal away, make una call out BBM

mendes911:
LOL.

And there was good oppurtunity for people to bail out at N20.

Sir, when u bail out, no b person go buy...lol? So someone must be the carrier of the kaya...that's how wealth is distributed.

RabbiDoracle:
Look at US 2 year and 10 year treasuries. They are losing 38% and 36% respectively. All investirs are rushing into it and crushing the rates further to zero.

I don't think Jay Powell will wait any longer. Heat wan finish Powell.

Thought as much .

Agbalowomeri:
It's too heavy
If index get to 20/21
There will be pullbacks to 24 before things settle
And people can lock in 20-40% on the short term
Price action will give the signal away, make una call out BBM

Yes I agree with you. But such play, don't use more than 10% of your fund.

However 20 to 21K is still far if Dangote cement, Seplat, Nestle, MTN doesn't join the race.

Once these join the race, na below 20K we should be looking at o

Agbalowomeri:
It's too heavy
If index get to 20/21
There will be pullbacks to 24 before things settle
And people can lock in 20-40% on the short term
Price action will give the signal away, make una call out BBM

BBM and fxuser, where art thou

RabbiDoracle:
Let's look at it this way. Now Zenith is at 17.

Tomorrow is markdown. So 2.50 will be deducted. This takes it to N14.50.

If that same day there is this huge offer to exit, then take 10% off the 14.50. This brings it to N13.10.

Same offer on Wednesday, this takes it to N11.80

Thursday : 10% off, this becomes N10.7

Friday : end of discussion, same 10% offer N9.7

Then next week, we don't know the news that will be out then.

Is N5 not close?

Haba! Alhaji Rabiu! N5 ke for Zenith? over 50% drop on current price, ki lo de? Softly softly o!

My Oga, markets are cratering, no doubt, but let's be circumspect in the way we spew news of fear..... It's just what it is re. mkts for now. Let's deal with it - focusing on the other side (opportunities) and not fear.... Once in a life opportunities kinda coming, if you know, you know...

NB: I'm 95% cash heavy so no fear!

locodemy:
Don't tell me you are no longer grabbing zenith Bank with your two hands again.......

LOCO you are a badt person

http://www.nse.com.ng/Financial_NewsDocs/29309_ACCESS_BANK_PLC._FINANCIAL_STATEMENTS_MARCH_2020.pdf

ACCESS BANK PLC
CONSOLIDATED AND SEPARATE
FINANCIAL STATEMENTS FOR THE
YEAR ENDED 31 DECEMBER 2019

nna777:
We are doing very fine. Gilead has already given us $14 per share in 3 weeks already. it closed $80.

Nice one boss and remember to pay your tithe to Pastor Vee.

Put some of my Zee for sale to reduce exposure ..just like 10 mins ! 16.95 ..was thinking its not going to be sold today with all the scary offers ..My zee mopped up

I think I will leave the rest till anywhere ...even if it gets to 5 naira..
Bought @ 19.98 ..one of thing to expect in the mkt

Agbalowomeri:
Those with eagles eyes sharpen up for 20% pullbacks
Not for the faint-hearted though

Cool contrarian perspective to have, away from the drip-drip-drip perspectives of some Ogas on the platform... Ok to be fearful, but don't panic! Opportunities abound! Like I always say, you see whatever you want to see from the market and get whatever you see from the market, just make sure you are validating whatever you are seeing...

OakPearl:
Thanks for checking on us jejebabaa.
INO eventually closed the day at 43% gain!

Nice testimony boss, so glad to hear that, you guys are doing well.

lancee:
Put some of my Zee for sale to reduce exposure ..just like 10 mins ! 16.95 ..was thinking its not going to be sold today with all the scary offers ..My zee mopped up

I think I will leave the rest till anywhere its get to even 5 naira..
Bought @ 19.98 ..one of thing to expect in the mkt

In-House broker selling to a ready buyer. Otherwise, you will be on queue.

They squeezed you out through the AC vent of the bus

Marlianvestor:
Haba! Alhaji Rabiu! N5 ke for Zenith? over 50% drop on current price, ki lo de? Softly softly o!

My Oga, markets are cratering, no doubt, but let's be circumspect in the way we spew news of fear..... It's just what it is re. mkts for now. Let's deal with it - focusing on the other side (opportunities) and not fear.... Once in a life opportunities kinda coming, if you know, you know...

NB: I'm 95% cash heavy so no fear!

You think I am fearful. This is the time the cash and carry guys have been waiting for. We can't believe Christmas is coming so early.

Time to be greedy never come o.

RabbiDoracle:
In-House broker selling to a ready buyer. Otherwise, you will be on queue.

They squeezed you out through the AC vent of the bus

Ohh that one good for me then ,..they re not buying my gtb oo

Put some for sale