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Friday, December 28, 2012
A New High
The new CI level achieved today should have brought cheers to every investor or
punter in town but a random check with most would instead yield a mixed bag of
reactions ...by and large the biggest winners were those who invested in some
heavyweight consumer stocks, telcos and the oil and gas counters...that said there were also
big winners among traders of speculative stocks if they have gotten the timing right and not
discounting those who got the timing right in entering and exiting some call warrants...in fact
there were quite a number of call warrants which have doubled their prices in just a few short
days...kudos to those big winners...Not so lucky were those into less exciting stocks like property
,construction and trading companies..Even worse were those who joined the chase of third liners
late in the game and got their hands and everything else burnt...
There are many who want to forget their "experiences " this year and are hoping for a better
start next year...a fair aspiration considering that the CI has reached new records and yet some have not
even managed to earn a return better than time deposits !
Monday is the last trading day for the year and maybe ,just maybe lady luck may still descent upon
those who need it most ..perhaps through a lucky punt on a window dressing counter...
The battle is not over yet...
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