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Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 9:34pm On Jun 03, 2018
Godisfaithful:

Chief Loco, this is your answer:
Most of those rules don't hold in Nigeria especially 3, 6, 9 and 10. There is an abundance of historical incidents that invalidate them for NSE.
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 10:12pm On Jun 03, 2018
locodemy:


Thank God you say it.How much are u loosing now?

If una no wan see you money inside limbo, go for fixed income.

It is fool paradise to think say you can make money in short time.

Knowing why your investment is going down is important. Untill you sell, no loss.

keep enjoying dividend. Na financial immaturity they worry some people here,

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:22pm On Jun 03, 2018
sellydion:


If una no wan see you money inside limbo, go for fixed income.

It is fool paradise to think say you can make money in short time.

Knowing why your investment is going down is important. Untill you sell, no loss.

keep enjoying dividend. Na financial immaturity they worry some people here,





I tire o
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:37pm On Jun 03, 2018
onegentleguy:
Good day all,
I just wrote another article with the title:

"THE 1ST BASIC SECRET TO FINANCIAL FREEDOM".

It's published on booksie, medium and the personal finance section of opinion Nigeria.
This article will surely serve the benefit of a lot of the Nigerian populace !!
Kindly take your time to read through by using the link below;

https://www.booksie.com/554311-the-1st-basic-secret-to-financial-freedom

kudos
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:55pm On Jun 03, 2018
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.


tough call . . most successful traders preach against it .
it can drain available capital very quickly and worse still is d mental drain on ur emotional capital
but some traders are very comfortable with doubling down on d losing position oh.
IMO, i think it's more forgiving or appropriate in an uptrend and can be very complicated in a down trend.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 11:17pm On Jun 03, 2018
Godisfaithful:


Chief Loco, this is your answer:

This your NUMBER 10!

This was what reduced my profit on fidelity substantially earlier in the year. The memory is stuck in my head.....watching millions of bids at 4.33, and I didn't offload. Greed!

Eventually offloaded at 3.xx. It's still my biggest profit on NSE though.

We learn everyday wink

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:19pm On Jun 03, 2018
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.


severe bearish streak . .

Oct 2014:
- oil broke below $90/bbl for the first time in over 3 yrs , d index started a 2 yr bearish trend

July 2015:
- both oil and nseasi had a relief rally q1 of 2015 before the down trend continues .
- oil rose 48 to $66 before heading down to $30 by 2016 jan

um na wa
#JustObserving
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:31pm On Jun 03, 2018
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.

http://uk.businessinsider.com/r-traders-boost-bets-on-fed-interest-rate-rises-2018-6?IR=T
Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 11:37pm On Jun 03, 2018
fxuser:


severe bearish streak . .

Oct 2014:
- oil broke below $90/bbl for the first time in over 3 yrs , d index started a 2 yr bearish trend

July 2015:
- both oil and nseasi had a relief rally q1 of 2015 before the down trend continues .
- oil rose 48 to $66 before heading down to $30 by 2016 jan


um na wa
#JustObserving

The loss of patience and lack of clear direction during the long wait for Buhari's ministerial list also contributed to the bearish sessions in 2015

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:38pm On Jun 03, 2018
fxuser:


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


''Egypt’s shares extended their fall for the fifth week in a row amid a broader selloff streak in most emerging markets, sending shivers among investors who tended to book gains from a sustained market rally. ''

link:
https://dailynewsegypt.com/2018/06/03/blood-on-bourse-floor-amid-broader-selloff-streak-in-emerging-markets/

#UAreNotAlone
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 11:40pm On Jun 03, 2018
[quote author=sellydion post=68153607]

If una no wan see you money inside limbo, go for fixed income.

It is fool paradise to think say you can make money in short time.

Knowing why your investment is going down is important. Untill you sell, no loss.

keep enjoying dividend. Na financial immaturity they worry some people here,



[/quote



what of japaul wey don enter lagoon front, still no loss? like this theory of consolation oo
Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 11:45pm On Jun 03, 2018
fxuser:


''Egypt’s shares extended their fall for the fifth week in a row amid a broader selloff streak in most emerging markets, sending shivers among investors who tended to book gains from a sustained market rally. ''

link:
https://dailynewsegypt.com/2018/06/03/blood-on-bourse-floor-amid-broader-selloff-streak-in-emerging-markets/

#UAreNotAlone

Na wa o. No wahala sha.

We will start cherry-picking when the time is right smiley
Re: Nigerian Stock Exchange Market Pick Alerts by hyness: 12:10am On Jun 04, 2018
To lighten this mood associated with this loosing, and the counting of losses that is ongoing right now in NSE, let me share this tweeter feud i saw not too long ago. Hilarious! the tweeter exchange, priceless! Nigerian style. grin grin grin grin

https://www.naijamusic.com.ng/new-yemi-alade-church-satan-fight-dirty-twitter-attacks-prayer

#bullisnearerthanfar IT IS WELL.
Re: Nigerian Stock Exchange Market Pick Alerts by Parisfran(f): 7:14am On Jun 04, 2018
NextProdigy:


Please provide a link if you can. Thanks.
Spam bot is giving me issues. Just check investing dot com
Take a look at the last 15 Months of May.

Re: Nigerian Stock Exchange Market Pick Alerts by Parisfran(f): 7:27am On Jun 04, 2018
You can also check for 1985 to 2010. There is an excel sheet on CBN site the will show you the whole thing. You will just have to calculate the percentage differences by yourself.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:17am On Jun 04, 2018
Where is everyone?

This bear serious ooo. Not even Yok.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:18am On Jun 04, 2018
With this type of bear, it is either you are on your mattress or you are in ICU.

grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:20am On Jun 04, 2018
I see Zenith doing close to 27 today.
Re: Nigerian Stock Exchange Market Pick Alerts by NextProdigy(m): 9:28am On Jun 04, 2018
Parisfran:

Spam bot is giving me issues. Just check investing dot com
Take a look at the last 15 Months of May.

Thanks a million. You're a gem.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 9:29am On Jun 04, 2018
RabbiDoracle:
I see Zenith doing close to 27 today.



in the dream?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:34am On Jun 04, 2018
aremso:



in the dream?

grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 9:38am On Jun 04, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:43am On Jun 04, 2018
aremso:



in the dream?
Don't mind him, he wants to draw loco out of bed.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yok: 9:44am On Jun 04, 2018
MSCI MOVEMENT IN PORTFLIO FOR 1 JUNE 2018/GENERAL MARKET COMMENT

The fund bough some and sold a lot.

For the earlier part of the week, selling may still continue as the total volume as at Friday was still thin.

I have added some other information to make better decision with the activity of the fund. Anytime the weekly NAV is negative up to 5%, I will start reducing my activities in the market.


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.

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:05am On Jun 04, 2018
RabbiDoracle:
With this type of bear, it is either you are on your mattress or you are in ICU. grin
Boss, I no dey the two o, na mountain I dey tongue
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:10am On Jun 04, 2018
phemmie06:

Patient is the key
Patient is the key
Patient you must have before you buy
When bull've run away
And bear has taken over
Patient you must exercise. DD:

Genius too plenty for this forum sha. shocked Oga compose one anthem for Nsempa now. grin
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 10:21am On Jun 04, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:29am On Jun 04, 2018
Some, have started buying the triplet Tier 2 banks
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:33am On Jun 04, 2018
Mcy56:

Boss, I no dey the two o, na mountain I dey tongue

Praying for your stocks? grin
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:40am On Jun 04, 2018
Mkt
- some higher openings abve last week close
- good sign for expected support
- dis bears ye shall see no more grin grin

#BlessMonthFolks

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:42am On Jun 04, 2018
emmanuelewumi:


You may not get WAPCO @ N60, by the end of next week.

grin grin

Almost at 100% discount.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:47am On Jun 04, 2018
RabbiDoracle:
Praying for your stocks? grin
Boss, na serious vigil I dey do, make e reach the price I buy am, then sell so I fit see road well well. tongue
Wetin be the portfolio size wey NSE go still wan commot school fees ehn? undecided grin

1 Like

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