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  #15961 (permalink)  
Old 6th November 2010, 11:31 PM
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Default Re: MarketWatch

Quote:
Originally Posted by knightofdelta View Post
Chei! See market timing. Nuff respect. I doff my glasses. Most brokers don't have a clue about the Christmas bull run and most analysts will look for some fundamental explanation thus discounting the seasonal effect.

My strategy is going to be a little bit different. I will buy a week before Christmas when people are selling down to raise cash for the festivities.
and my shopping list currently consists of intbrew and aiico. Bros o you no feel say its better to wait till after they've finished selling, why help with liquidity
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  #15962 (permalink)  
Old 7th November 2010, 09:22 AM
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Default Re: MarketWatch

Quote:
Originally Posted by nosa2 View Post
and my shopping list currently consists of intbrew and aiico. Bros o you no feel say its better to wait till after they've finished selling, why help with liquidity
Because I believe it is safer to buy close to the bottom than trying to buy at the bottom...
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  #15963 (permalink)  
Old 7th November 2010, 06:30 PM
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Default Re: MarketWatch

Now that you guys are revealing our secrets to the world, we will have to change tactics by buying from Dec 1st to dec 31st. @ KOD, I am watching you harrass the market into submission!
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  #15964 (permalink)  
Old 7th November 2010, 10:24 PM
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Default Re: MarketWatch

Quote:
Originally Posted by nosa2 View Post
Shouldn't we be preparing for the christmas bear? Or do members think the this year's going to be an exception? Personally I'm moving out of the market (with the exception of ikeja hotels) to re enter after christmas but before the new year.
Quote:
Originally Posted by knightofdelta View Post
Chei! See market timing. Nuff respect. I doff my glasses. Most brokers don't have a clue about the Christmas bull run and most analysts will look for some fundamental explanation thus discounting the seasonal effect.

My strategy is going to be a little bit different. I will buy a week before Christmas when people are selling down to raise cash for the festivities.
Quote:
Originally Posted by nosa2 View Post
and my shopping list currently consists of intbrew and aiico. Bros o you no feel say its better to wait till after they've finished selling, why help with liquidity
Quote:
Originally Posted by Michael View Post
Now that you guys are revealing our secrets to the world, we will have to change tactics by buying from Dec 1st to dec 31st. @ KOD, I am watching you harrass the market into submission!
Broses what do you recommend for people holding the SLS banks. Half of my portfolio is in UBN and Intercon. How long do you think the party will last? Will there be a dip before new year? Should one hold until the M&A issues are concluded?
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  #15965 (permalink)  
Old 8th November 2010, 03:58 AM
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Default Re: MarketWatch

Quote:
Originally Posted by Michael View Post
Now that you guys are revealing our secrets to the world, we will have to change tactics by buying from Dec 1st to dec 31st. @ KOD, I am watching you harrass the market into submission!
It will really be interesting to see what happens next month as millions of investors are warming up to enter the market. I can tell you that no one wants to miss the usual Q1 boom.
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  #15966 (permalink)  
Old 8th November 2010, 06:30 AM
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Default Re: MarketWatch

NSE checks excess spending with new internal audit unit
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  #15967 (permalink)  
Old 8th November 2010, 11:44 AM
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Default Re: MarketWatch

Quote:
Originally Posted by nosa2 View Post
and my shopping list currently consists of intbrew and aiico. Bros o you no feel say its better to wait till after they've finished selling, why help with liquidity
...AIICO, I don dey wait there for you since. I love the volatility of this stock added to its fundamentals. AIICO must have contributed about 20% of my profit this year.
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  #15968 (permalink)  
Old 8th November 2010, 12:09 PM
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Default Re: MarketWatch

How is market today?
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  #15969 (permalink)  
Old 8th November 2010, 12:26 PM
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Default Re: MarketWatch

Quote:
Originally Posted by muranay@yahoo.com View Post
How is market today?
The NSE website is down as usual. With all the money they are making to the extent that they have to pay bonuses, they cannot maintain a simple website.
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  #15970 (permalink)  
Old 8th November 2010, 12:32 PM
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Default Re: MarketWatch

Quote:
Originally Posted by muranay@yahoo.com View Post
How is market today?
Very turbulent. Currently down 0.03%. There has been a lot of profit taking on the rescued banks. Most the SLS banks are currently down with the exception of FINBANK which is still on net bid (and gaining 4.94%) after trading more than 58 million units. Oceanic Bank is marginally up while Dangote Cement is on offer at 121.8 without any bid.
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  #15971 (permalink)  
Old 8th November 2010, 12:43 PM
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Default Re: MarketWatch

@Oga Yemo, I can see a Yemo and another Yemostica... are you cloning yourself? That will be very good for SMN oh...
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  #15972 (permalink)  
Old 8th November 2010, 01:29 PM
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Default Re: MarketWatch

Quote:
Originally Posted by muranay@yahoo.com View Post
How is market today?
Bloodbath!!!
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  #15973 (permalink)  
Old 8th November 2010, 08:12 PM
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Default Re: MarketWatch

NSE Paid N134m for ‘Fictitious’ Bullet-proof Cars
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  #15974 (permalink)  
Old 8th November 2010, 08:17 PM
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Default Re: MarketWatch

NSE DG: Committee Concludes Applications’ Screening
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  #15975 (permalink)  
Old 9th November 2010, 05:25 AM
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Talking Re: MarketWatch

Like the patient Tiger that crawls in the forest to ambush a herd of wild Goats, na so i dey patiently wait for the right time to raid the market come December.
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  #15976 (permalink)  
Old 9th November 2010, 08:34 AM
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Default Re: MarketWatch

Have you heard about the latest AMCON jist.............

http://proshareng.com/news/12537
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  #15977 (permalink)  
Old 9th November 2010, 12:26 PM
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Default Re: MarketWatch

Quote:
Originally Posted by lordgbengss View Post
Have you heard about the latest AMCON jist.............

AMCON Approves Purchase of Non Performing Loans - Proshare

I think market will respond positively to this news.
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  #15978 (permalink)  
Old 9th November 2010, 01:13 PM
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Default Re: MarketWatch

Market has closed

Deals : 7,340

Volume : 524,837,891

Value : N 3,983,237,595.26
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  #15979 (permalink)  
Old 9th November 2010, 02:42 PM
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Default Re: MarketWatch

Quote:
Originally Posted by muranay@yahoo.com View Post
Market has closed

Deals : 7,340

Volume : 524,837,891

Value : N 3,983,237,595.26

Index soared to 25,383.37 with Cap. of N 8,105,697,189,302.17.

Thus index is up by 2.65%.
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  #15980 (permalink)  
Old 9th November 2010, 03:31 PM
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Default Re: MarketWatch

will market open tomorrow in view of the impending NLC strike and the fact that most banks will not operate
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