If you understand the stock market very well, you will know that it’s not a straight line growth. I have made a lot from the market and i am praying for prices to deep so i can re-enter.

every year around March/April after Annual reports are out and when dividends are being announced, investors re-balance their portfolios. Prices usually go down after dividend qualifications. so it has nothing to do with his write-ups. It’s a normal cycle

Whenever prices go up, investors make money. When prices go down, investors have opportunity to enter at bargain prices to make money.

In all of these, money will be made.

Bull makes money, Bears make money but the pigs get slaughtered.

Olu,
It’s not space science, whenever fuel subsidy is removed in any economy, it results in increase in general price level of which stock prices are not exempted. Yes market correction is inevitable but it will be absorbed buy the same market.

I found the article quite informative but I do not support the name calling.

Reading the article with open mind will reveal to you that the market is not reflecting the underlying economic conditions that impact the market.

As a matter of fact, this was the reason why I lost interest in investing/trading in NGX.

There are market forces that needs to be addressed so that the NGX will serve as a perfect barometer for what is happening in the Nigerian economy.

If you would tell yourself the truth, you will know that the Nigerian economy is in a serious distress as a result of Naira devaluation, forex scarcity, and inflation; buy the NGX is not reflecting these realities.

These are my humble submissions.

Thank you!

@ John
Am shocked that you didn’t see the bigger picture as captured in his write-up but rather see him as being pessimistic. This write-up sums up the entire scenario of market. The performance of the market is in variance with the macro economy and the write-up is an alarm bell for those that have ears………March/April will be here soon…we will all come back to this write-up!!