Godisfaithful:


Which theory be this?

Mpeace:
Lol. No dey expose my man na. He is fully in the market. I know what he is doing. Denial is what they call it in psychology, one very effective way of dealing with loss.

owoblow77:
Guy, it leaves a bad taste in the mouth. I work @ a multi-national. Colleagues who are friends, were downsized. Folks BPs were at an all-time high. Niggas cried. Senior managers who handed out letters, also got letters. It was a blood-bath. ''Eni ori yo, o di 'le''.Sourcing for raw materials using expensive dollars was crazy, we couldn't manufacture, consumers can't afford the higher prices. Those who ask for war, or other evils, have never experienced one. Seeing friends suffer with their families was not nice. These are guys who got payoffs, & also own their own homes. Imagine those who don't even have those.Sometimes, when you are relatively well-paid for so long, you find it hard to survive after the job loss, even if you think you're well-prepared. Now, I don't ever pray for anyone to suffer a job loss, not even my enemy. I pray 9ja doesn't break-up, the economic implications on the average folks will be crazy.

aremso:




Not theory but facts and that is why they wanted us to devalue our naira by all means

onegentleguy:


Yes its much more humane to strive towards bettering our networth without being unduly pessimistic.
...it would at least show that one is patriotic with a human face and empathy.
However, its normal that in the stock mkt most folks who are out on the sideline with their funds will like to talk down on 'things' to infest fear on those in, so they can key in.
Those not in (the pessimist camp) would deploy several pranks and 'pray' that the mkt drops, so they'll get in at a cheap, while those in (the optimist camp) will tour the path of believing in the opposite.
It's a normal trend that can be seeing in the market globally.
So if as a mkt player, u can not live with this 'normal' trend, then the stock mkt is definitely not for u. ...put differently, the stock mkt globally knows not what it means to have a human face !!
Remember that the pessimist camp are also a part of the mkt circle. ...so u cant exclude them.




That is how stock market works, everyone wants to maximize gain. Human whatever does not apply in stock market game and that is why before one jumps into it, u must understand the nitty gritty of how it works. Immediately I qualified for dividends on all my stocks, i pulled out because 2008 memory of massive loss is still fresh in my memory and am also certain that asian tigers will pull their capital/and profits out of the market as they have made enough and this they will be doing gradually so that those that does not know out it works will be hitting their heads into it. Let the bear continue f

The solution?
It calls for some disciplinary measures and emotional management.
That's why I always advise folks to have a WORKABLE STRATEGY that's just good enough to suit ur investment style, goals/target and ur personality.
...and once u have it, just do well to stick religiously to it.
For though u won't be perfect (no one is), but u will to a very large extent know when and how to manage FEAR (with a mkt downturn) and GREED (with a mkt up rise). ...because then, u always have a clear path/guideline to follow.
That way, u wouldn't be bothered about any 'noise' from the pessimist camp !!
That's the simple solution.

There are some select clear opportunities right now in the mkt.

Regards.

swilo:
With the new market trend, I observe diamond bank faithfuls are no longer complaining...

Even coys with far better fundamentals have been hit worse than DiamondB.

maishai:
By d time this bear finish with diamond bank nobody will fantasize about it on this forum again...... Its @ this junction I fear the 1k rule

Mpeace:
lol We are nit complaining because diamond is now longest term for us.

mendes911:


Not at all. Diamond Bank will still sell for N2 by next year. We are only not certain what will happen between now and then.

maishai:
By d time this bear finish with diamond bank nobody will fantasize about it on this forum again......Its @ this junction I fear the 1k rule

maishai:

I imagine diamond @ 18k......... I will borrow to mop diamond then I am ready to wait for 6 years for it to rise to #2

Chibuking81:

Foreign investors in action, they don't want to be taking unaware, politician that needed money for both primary and general election are also pulling out to avoid lack of cash due to portfolio reduction, election Bear in action.

This is how MMM took their people unaware, many was planning to leave them by December while they close down by November.
Likewise in stock they know that very soon many will sell to hold on for election, so Foreign investors and politician decided to started early.

LOCODEMY and IHEDIORAMMA are ready and willing to welcome members who wishes to sell and face their business till after election.

maishai:

I imagine diamond @ 18k......... I will borrow to mop diamond then I am ready to wait for 6 years for it to rise to #2

mendes911:


Some of us bought BankPHB at 59k.

RabbiDoracle:


Why should they cry sir?

Before you joined the company, you lived. Now that they have been laid off, they will still live.

I always advise people never to rely on the firm they work for. Save up, reduce expenses, invest wisely because a day will come when they will tell you to go.

Those who got pay off and also have their own houses, yet they feel the pinch shows that are not prepared.

From day 1, your target should not elude you. Save and spend less.

Godisfaithful:


Which theory be this?

onegentleguy:


Yes its much more humane to strive towards bettering our networth without being unduly pessimistic.
...it would at least show that one is patriotic with a human face and empathetic of the possible plight of others.
However, its normal that in the stock mkt most folks who are out on the sideline with their funds will like to talk down on 'things' to infest fear on those in, so they can key in. ...oftentimes those inputs are exaggerated.
Those not in (the pessimist camp) would deploy several pranks and 'pray' that the mkt drops, so they'll get in at a cheap, while those in (the optimist camp) will tour the path of believing in the opposite.
It's a normal trend that can be seeing in the market globally.
So if as a mkt player, u can not live with this 'normal' trend, then the stock mkt is definitely not for u. ...put differently, the stock mkt globally knows not what it means to have a human face !!
Remember that the pessimist camp are also a part of the mkt circle. ...so u cant exclude them.

The solution?
It calls for some disciplinary measures and emotional management.
That's why I always advise folks to have a WORKABLE STRATEGY that's just good enough to suit their investment style, goals/target and personality.
...and once u have it, just do well to stick religiously to it.
For though u won't be perfect (no one is), but u will to a very large extent know when and how to manage FEAR (with a mkt downturn) and GREED (with a mkt up rise). ...because then, u always have a clear path/guideline to follow.
That way, u wouldn't be bothered about any 'noise' from the pessimist camp !!
That's the simple solution.

There are some select clear opportunities right now in the mkt.

Regards.

mendes911:
Some of us bought BankPHB at 59k.

Godisfaithful:


...And we think Naira will go back to 200 per $1 with these type of leadership we have in Nigeria? Anyway, let’s wait and see...

maishai:
By d time this bear finish with diamond bank nobody will fantasize about it on this forum again......Its @ this junction I fear the 1k rule

maishai:

Hmmm but it folded up........not only diamond, even Skye bank waiting for them @ 18k abi 20k, for Skye, I will sell at 90k......I am ready for this gamble

maishai:
By d time this bear finish with diamond bank nobody will fantasize about it on this forum again......Its @ this junction I fear the 1k rule

yom2:
thank u my brother, tell them make them hear. even how many jobs could have been created with that milost fund they chased away.

awesomeJ:

sub 300 is more like it, and I see it happening before next year ends.

Mcy56:

....... but has gone with the wind