https://www.cnbc.com/2020/03/12/european-central-bank-stimulus-package-amid-coronavirus.html

More to come.

RabbiDoracle:


You have softened your tone now

Now you are seeing reality. You are seeing the exchange rate pressure. Before you were saying we are magnifying things. Now see am.

The decapitation in US stocks, World markets and on Brent continues.

Next week, I expect unprecedented stimulus by the would to support economies.

Those who are not fearful should always place their bids at the lowest of every day. Thursday, Friday, Monday. Lowest of the day. Buy small small.

Haba, Alhaji Rabiu! Was this your bearish outlook pre or post Convid 19 or last friday's oil price crash? You've got all the ground cover, abi? Your point only valid, if you can boldly say, you foresaw these two black swan events when you raised your bearish expectations wayback in Jan... Which I doubt... ! I rest my case! No doubt, you are doing good on this platform, but no one is perfect (not even me!) cos mkt itself is not perfect! No pun intended, Sir! Hoping you get my drift!

Re. me softening my tone, as you know, as mkt dynamics change, so does the perceived risk in the mkt and likewise one's mkt opinion esp after last friday oil price crash. The pivotal reason, you feel I've softened off. With that one, no doubt! cos the effect of all-out oil output war on our economy would be devastating. Moreso, we don't have any available excess barrels to even fight in this war. We are just passenger! My worry exactly, not even Covid 19 or Naira devaluation!

Are some of these things intentional

See bid for zenith!

Hurrayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

Zenith is going to close at 10.85 todayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

dey should bring more market tomorrowwwww oooooooooooooooooooooooooooo

veecovee:
Are some of these things intentional

See bid for zenith!

It is human emotion. It is the way we are wired. Adrenaline.

The people supplying Zenith should just rest. They should have known that the more they supply at 10.85 Naira, the more it will be mopped up.

robobo:
Hurrayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

Zenith is going to close at 10.85 todayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

dey should bring more market tomorrowwwww oooooooooooooooooooooooooooo

Don't rejoice yet

Investors came prepared for Zenith. Just look at the close of trading. More willing buyers.

No unnecessary quarrels here this period. NSE will humble someone sha.

My bros just look for money if you can, ZEE is still going down like other stocks,

If you are in the market, dont sell again, It would recover when the dust settle.

Nothing new provided you are not plying the market with borrowed funds.

It is well.

veecovee:


Don't rejoice yet

Godisfaithful:


My 1st target price again is below $3K and we will see how far it drops or goes up

Surely, that's a reasonable redemption point. I practically left the fund there. So, it's going to be there.

RabbiDoracle:


Do your calculations. Buy low. Lower prices beat devaluation.

Continue to buy low. Zenith cannot trade at N1.

For those of you who are looking to buy dollars because of fear, please be careful o. We've been here before. In 2016, people panicked and sent dollars to N520 to $1 in the black market. It was the ultimate pump and dump. The BDCs cashed out big time, and then it eventually dropped to circa N340+. Those who panicked and bought dollars at N400 and N500+ were left with the short end of the stick and nothing but their d*ck in their hands.

If there's one thing these cycles have taught me, it is that EVERYTHING will eventually correct itself. Everything. There's really no need to panic unnecessarily. It might take some time, but markets will stabilize, this Coronavirus will be thing of the past, Russia and Saudi Arabia and everyone engaged in this dick measuring contest will come back to the table, and everything will be well with the world. There is a massive opportunity to buy fundamentally sound stocks at these prices. Take advantage of this bonanza. Don't overthink things. I have lost nine figures in paper net worth in the past couple of weeks on some banking stocks. It was painful for me the first few days, but I'm very calm now. I realize that I have held some of these fundamentally sound stocks since April 2016 and they've been good to me. I'm just waiting for Monday's dividend to enter again to keep buying.

Short recap: 1. Don't panic and buy dollars at these high prices. 2. These (banking) stocks at these prices are too good to pass up.

record breaking list loading . chai I can't fit type

PETERiCHY:


If cure for Coronavirus is not found BTC will soon drop below it 2014 price of $250.

BARGAIN HUNTERS TAKE NOTE!

arduino:
I just realized that if I sold my wife's car today and load Zenith bank with the proceeds, na yearly 400k+ earnings be that........
The devil is a liar!!!

Lol. Abeg let Madam keep her car o. Don't let the devil use you.

Intendy:
record breaking list loading . chai I can't fit type

Lends Intendy plenty foolscalp sheets

Intendy:
record breaking list loading . chai I can't fit type

PLEASE TYPE SIR

1kinggy:


Surely, that's a reasonable redemption point. I practically left the fund there. So, it's going to be there.

Correct Oga

veecovee:
Are some of these things intentional

See bid for zenith!

I think it is. There are powerful forces manipulating this Zenith bank stock. My money is on uncle Jim.

Don't miss!

Updated market on 2020/03/12
btc
Bitcoin (BTC)
2,985,322.03 NGN
2.20% Trade now
eth
Ethereum (ETH)
52,069.65 NGN
28.73% Trade now
usdt
Tether USDT (USDT)
368.40 NGN
Trade now
bch
Bitcoin Cash (BCH)
88,596.51 NGN
9.30% Trade now
ltc
Litecoin (LTC)
15,358.59 NGN
13.49% Trade now
xrp
Ripple (XRP)
62.62 NGN
19.05% Trade now

You see it is not only NSE all those percentage dip in security prices in one day.
It is well o,

NYSE HALT...Blood on the street

Godisfaithful:
NYSE HALT...Blood on the street

Dow now at 21,856. 91 (-7.2%) and circuit breaker triggered.

It is now near 21,700 for reversal point.

sellydion:
Don't miss!

Updated market on 2020/03/12
btc
Bitcoin (BTC)
2,985,322.03 NGN
2.20% Trade now
eth
Ethereum (ETH)
52,069.65 NGN
28.73% Trade now
usdt
Tether USDT (USDT)
368.40 NGN
Trade now
bch
Bitcoin Cash (BCH)
88,596.51 NGN
9.30% Trade now
ltc
Litecoin (LTC)
15,358.59 NGN
13.49% Trade now
xrp
Ripple (XRP)
62.62 NGN
19.05% Trade now

You see it is not only NSE all those percentage dip in security prices in one day.
It is well o,

From where did you get this...
I want to buy tether at 368
Binance is exchanging BUSD @ 400+

Intendy:
record breaking list loading . chai I can't fit type

Wear helmet as you are coming oooohhh

Godisfaithful:
NYSE HALT...Blood on the street

If DOW starts to go up after breaking 21,700, then everything has been pre-planned. It then means that there is an ultimate hand controlling all markets.

If all forms of stimulus is announced soon, then dem don get what they wanted.

This is the maximum fear. Enjoy it. Embrace it. Live it.

Tomorrow those sellers should come out again.

circuit breaker
noun
an automatic device for stopping the flow of current in an electric circuit as a safety measure.

RabbiDoracle:
Dow now at 21,856. 91 (-7.2%) and circuit breaker triggered.

It is now near 21,700 for reversal point.

Brazil down -12%. Germany down -10%. It's coming apart...

RabbiDoracle:


If DOW starts to go up after breaking 21,700, then everything has been pre-planned. It then means that there is an ultimate hand controlling all markets.

If all forms of stimulus is announced soon, then dem don get what they wanted.

This is the maximum fear. Enjoy it. Embrace it. Live it.

Tomorrow those sellers should come out again.

Buying 200/200 Spy PUTS...Wetin concern me, they should do whatever. Bulls and bears make money

IMO what is happening at this stage is beyon those levels.
Level created by man must be broken by man. Solution is
COVID -19 must be contained, If this thing go on like these for additional 6 months
it would be a mogus damage. God forbid. Let us pray.

RabbiDoracle:
Dow now at 21,856. 91 (-7.2%) and circuit breaker triggered.

It is now near 21,700 for reversal point.

Words on a marble:

Stop going to portfolio valuation section of your brokerage account. E no fit help!

Marlianvestor:


Haba, Alhaji Rabiu! Was this your bearish outlook pre or post Convid 19 or last friday's oil price crash? You've got all the ground cover, abi? Your point only valid, if you can boldly say, you foresaw these two black swan events when you raised your bearish expectations wayback in Jan... Which I doubt... ! I rest my case! No doubt, you are doing good on this platform, but no one is perfect (not even me!) cos mkt itself is not perfect! No pun intended, Sir! Hoping you get my drift!

Re. me softening my tone, as you know, as mkt dynamics change, so does the perceived risk in the mkt and likewise one's mkt opinion esp after last friday oil price crash. The pivotal reason, you feel I've softened off. With that one, no doubt! cos the effect of all-out oil output war on our economy would be devastating. Moreso, we don't have any available excess barrels to even fight in this war. We are just passenger! My worry exactly, not even Covid 19 or Naira devaluation!

Noooo. I was only looking at bank run in China. There is no way one can foresee this black swan events o.

But looking at the chart, you can easily see that something will make US treasuries, stocks fall but you can't place your hand in what it could be.

I only saw price divergence while it was trading high. This black swan events now made it worst.

cherish the quantity now

mendes911:

Words on a marble:

Stop going to portfolio valuation section of your brokerage account. E no fit help!