200k is the New Floor?

[Crystal]

Hello family! After yesterday’s dip, it’s great to see the market reclaim its strength. We’re back above the 200,000-point mark tonight!

Airtel Africa really led the charge today, but we are also seeing a major focus on 'Market Integrity' as the NGX just lifted the suspension on Zichis Agro-Allied after their wild 700% run earlier this year.

Question for the group: Are you seeing this rebound as a 'Buy the Dip' opportunity, or are you still keeping some cash in Money Markets (26.5% yield) while we wait for the Q1 earnings season? Let’s talk strategy!

 

[Mr.Simon]

Hello family! After yesterday’s dip, it’s great to see the market reclaim its strength. We’re back above the 200,000-point mark tonight!

Airtel Africa really led the charge today, but we are also seeing a major focus on 'Market Integrity' as the NGX just lifted the suspension on Zichis Agro-Allied after their wild 700% run earlier this year.

Question for the group: Are you seeing this rebound as a 'Buy the Dip' opportunity, or are you still keeping some cash in Money Markets (26.5% yield) while we wait for the Q1 earnings season? Let’s talk strategy!

Nice bounce back. Airtel Africa really pushed the market, and lifting Zichis suspension shows NGX is trying to keep things in check.
For me, it’s a mix, i won’t go all in yet.
I’d still keep some cash aside (those money market returns are attractive), while picking a few strong stocks on dips.