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| The Following User Says Thank You to bivins1 For This Useful Post: | ||
AbsoluT (16th January 2013) | ||
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I'm expecting the foreign portfolio guys to hand over to the domestic portfolio guys and then they will carry the last can. Also expecting the US debt ceiling to cause ripples around the world and then out market. Anyway na forecast! ![]()
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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The cheapest stock in an overvalued market may still be overvalued |
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| The Following User Says Thank You to Salida For This Useful Post: | ||
AbsoluT (16th January 2013) | ||
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"If you don't have ambition, you shouldn't be alive." Aliko Dangote |
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![]() The ones wey I don buy don do me...... |
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The NSE Holds World Press Conference - Proshare
Someone mentioned that this rally is govt sponsored! hope he is not abt to end the party with his news conference |
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Nigeria Plans to Triple Insurance Market to $6.4 Billion by 2017 - Bloomberg
Oga Nosa, Oya! What will be your cut? |
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...sentiments may remain so until reality(results) start pouring in...
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| The Following User Says Thank You to dr.abrahamb For This Useful Post: | ||
AbsoluT (16th January 2013) | ||
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It was the same sentiment that made the all share index to fall to around 17000 about 3 years ago.
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If this market like, let it cross what is it called again? Ehen 30,000 psychological level. My loot will be under my mattress until after bank results. May enter back before bank result if opportunity call. For now, I see only trap and very big greed. Thanks to SMN community. Will also give kudos to myself for taking time to study. My two years stock sabbatical is now yielding results..
Azonto with my loot
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above 19,000 but less than 20,000 sir!
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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Bra Nosa could be right after all. If your broker didn’t get government bailout loot, mine got. By implication, the bailout loot may be one of the catalyst.
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Like I said before, my money is under my pillow waiting for the next opportunity. Even the T-bills rate is below inflation. What's happening now is not for the faint hearted.
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Do you have data showing the source of the money? Even if the money from gov to brokers is a factor, using the term "sponsor" implies something sinister, and I don't think we should be looking at it that way.
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