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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:11am On Sep 12, 2018
BullBearMkt:

...depending on what you mean by crash. My definition of crash market is a loss > 50%. NSE ASI has crashed since it has lost more than 50% of its value that was made through Jan 2018. What we are looking at technically are likely points where it can make reversal.

The index is testing critical level now, but a break below 32057 will point to further downward price movement to another important level at about 28000.

GTB most likely to fall further to a critical level which stands around 26 - 27 now. Someone mentioned about buying GTB at 28. Well, my advise is to ensure you find good buy signal first before risking your money. Average down is not advisable. Talk to your financial adviser for direction.

Good luck everyone!
grin grin grin grin grin
Thank you so much for this.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Jerekre(m): 6:23am On Sep 12, 2018
fxuser:


28 region

Thank you

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 6:34am On Sep 12, 2018
fxuser:
Brent
- breaking $79

(NSE not in sync )
$79.31. Iran/American issues.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:50am On Sep 12, 2018
Cadillac15:


Mercylicious was my course mate in school back then. She has relocated to Canada. Not the same person as Agba.

Oh she finally did it, didn't alert me again grin
Re: Nigerian Stock Exchange Market Pick Alerts by STOjo: 8:33am On Sep 12, 2018
Bros, are you selling oil again.
currentprice:


my brother it is menu for the boys. gathering momentum to fall again grin sold last week for good gain. i will be selling again tonight

oil will fall before rise according to the chart

grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by STOjo: 8:41am On Sep 12, 2018
To a learner like me. pls what is ur recommendation on "youcap"?
fxuser:


Update: Red Flag

- SP broke below the lower range today , making a fresh 52 week low
- expect more new lows to come
- 2.40 (or 61.8fib level is next level to watch

cc:ucap guy

Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 9:29am On Sep 12, 2018
BullBearMkt:

...depending on what you mean by crash. My definition of crash market is a loss > 50%. NSE ASI has crashed since it has lost more than 50% of its value that was made through Jan 2018. What we are looking at technically are likely points where it can make reversal.

The index is testing critical level now, but a break below 32057 will point to further downward price movement to another important level at about 28000.

GTB most likely to fall further to a critical level which stands around 26 - 27 now. Someone mentioned about buying GTB at 28. Well, my advise is to ensure you find good buy signal first before risking your money. Average down is not advisable. Talk to your financial adviser for direction.

Good luck everyone!
grin grin grin grin grin


On a serious note the index broke a critical support on monthly and only major support is within the 28,000 - 30,000 region. Although we may witness some retrace/range before retest support.
I think some stocks have come a bit lower within my budget, so make I cherry pick one or two today. grin
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 9:35am On Sep 12, 2018
MSCI PORTFOLIO MOVEMENT- AS AT 11 SEPTEMBER 2018/GENERAL COMMENT

MSCI is slowing down activity wise in the market, but the rate the ETF is buying Diamond is alarming. An average person is not as rich as the fund, therefore I may not be able to take the kind of risk the fund can take.

The market closed near our expected low yesterday, telling us that the market is still bearish. Thus, if the market is bearish we are also to reduce the urge to invest more money in the market. However since the market is not totally mathematics, with the jump in Brent price this morning, the All share Index at the end of the day may close at our forecasted [/b]high (but we are still in down trend, any increase in price is likely to be taken as invitation for those waiting to cut their losses.

For today expected high is: [b]33667.98
, expected low is: 33172.24. In terms of the strength of the bears, the temperature gauge is reading over 100%. Expected percentage loss for the day is: 0.63%.

Yesterday was a boom day on the negative side. My portfolio went down beyond my expectation. I am not panicking yet as I expect today to be better than yesterday, courtesy of the improving oil prices (MSCI will continue playing for the oil game). Tactically I am reducing my exposure to the market.

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. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B

1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock markt crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts, you will see the various sources where the data can be verified.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 9:40am On Sep 12, 2018
The fund buying Diamond bank shocked @yok grin grin grin

Let me look for another stock today for long term play (Sept-Mar 2019) grin.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:02am On Sep 12, 2018
stcool:


On a serious note the index broke a critical support on monthly and only major support is within the 28,000 - 30,000 region. Although we may witness some retrace/range before retest support.
I think some stocks have come a bit lower within my budget, so make I cherry pick one or two today. grin
enjoy yourself.all eyes at that 28000 point.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:18am On Sep 12, 2018
Mpeace:
Shortcut to village. This is the real janet.
Lol. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 10:22am On Sep 12, 2018
Cadillac15:


Mercylicious was my course mate in school back then. She has relocated to Canada. Not the same person as Agba.
shocked shocked shocked
Chai.....Mercy don learn bad thing o. She no even let guys know that she has left for Canada.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:30am On Sep 12, 2018
Cadillac15:
Mercylicious was my course mate in school back then. She has relocated to Canada. Not the same person as Agba.
I hope this put the transmission of confusion of 'Mercy' on this thread to rest.
One has relocated to Canada, the other has relocated to ........ lipsrsealed grin
So also Agba is different from Mercy. Agba is ............ while Mercy is ..............

Na test from Agba's subject be this, I just help him type am ni. grin

*No vex say I quoted your mail o*
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:37am On Sep 12, 2018
arduino:
shocked shocked shocked
Chai.....Mercy don learn bad thing o. She no even let guys know that she has left for Canada.

She actually mentioned that she no longer reside in PH sometimes ago but didnt mention the current location.
She stopped commenting here now. I don't know why she allowed some comments to get to her.
Though I don't know what actually happened that led to that. sad
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:48am On Sep 12, 2018
At long last Japaul is heading back home. Those 20k bids are the koko. smiley
He that is down fears no fall. tongue

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by owoblow77: 10:52am On Sep 12, 2018
Mcy56:

I hope this put the transmission of confusion of 'Mercy' on this thread to rest.
One has relocated to Canada, the other (i.e. Mcy56) has relocated to ..Agba's house, as a new wife...... lipsrsealed grin
So also Agba is different from Mercy. Agba is ....Cocoa farmer, who lives in the town of Lagoon........ while Mercy is ...hot, sweet babe tongue tongue tongue...........

Na test from Agba's subject be this, I just help him type am ni. grin

*No vex say I quoted your mail o*
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:54am On Sep 12, 2018
[quote author=owoblow77 post=71127396][/quote]
grin grin You try small sha, Agba na farmer. cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:58am On Sep 12, 2018
Mpeace:
$79.31. Iran/American issues.

a break / close above $80 will leave d shorts in limbo .. lets see hw it plays out.
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:09pm On Sep 12, 2018
Breakdowns
- it's dat kind of day. . .
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:19pm On Sep 12, 2018
fxuser:
Breakdowns
- it's dat kind of day. . .

...this reminds me of the old song - Rock the Boat. shocked
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:25pm On Sep 12, 2018
BullBearMkt:

...this reminds me of the old song - Rock the Boat. shocked
grin grin grin grin grin

Like the Vietnam war.... The more the Vietnamese gets killed, the more they multiply in the battle field. Unrelenting.
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:39pm On Sep 12, 2018
fxuser:


a break / close above $80 will leave d shorts in limbo .. lets see hw it plays out.
...that wicked $80 resistance must be broken by fire by force. Do I have a witness in house?
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:46pm On Sep 12, 2018
BullBearMkt:

...that wicked $80 resistance must be broken by fire by force. Do I have a witness in house?
grin grin grin grin grin

amenn ..
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:47pm On Sep 12, 2018
BullBearMkt:

...this reminds me of the old song - Rock the Boat. shocked
grin grin grin grin grin


shake and bake
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:02pm On Sep 12, 2018
BullBearMkt:

...that wicked $80 resistance must be broken by fire by force. Do I have a witness in house?
grin grin grin grin grin



Bro even NB at 83 ...Man dan shift gold post.
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:19pm On Sep 12, 2018
Zenith, Zenith, Zenith...make una sell for us na! grin
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:23pm On Sep 12, 2018
stcool:
Zenith, Zenith, Zenith...make una sell for us na! grin

Waiting @N9.00.
Zenith!Zenith!!Zenith!!! You can do it, you did it before.
Na Zenith dey rush us... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 1:26pm On Sep 12, 2018
Fidelity is in a hurry to catch up with Diamond
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:26pm On Sep 12, 2018
DeRuggedProf:


Waiting @N9.00.
Zenith!Zenith!!Zenith!!! You can do it, you did it before.
Na Zenith dey rush us... grin

kai, u wicked oh! N9 people go get high blood pressure for here. I just started buying today would add as things unfold. I think below 20 is good for me.
Re: Nigerian Stock Exchange Market Pick Alerts by deepsuk(f): 1:28pm On Sep 12, 2018
naija brew is worth 38 naira tops....

ppl want cheaper options in beer now that they no get money wey dey get when gej was presido

still remember when guinness gave 12 naira divided....

b ready for the alcoholic free-fall.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:34pm On Sep 12, 2018
Zenith buyers wicked sha grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 1:39pm On Sep 12, 2018
deepsuk:
naija brew is worth 38 naira tops....

ppl want cheaper options in beer now that they no get money wey dey get when gej was presido

still remember when guinness gave 12 naira divided....

b ready for the alcoholic free-fall.
What a contribution from our dearest. More like this please.

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