VAIDS

Tuesday, April 16, 2013

Intelligent Investing in the Nigerian Financial Market

Society of Technical Analysts

Caveat Emptor!
Keynote Speaker – searching for key and badge
From Prose to Poetry – new ways to communicate
Think Theater, Not Role – emergent industry blues
Tactics & Strategies – yes, who cares? (relevance..)




The Market Today
The market has moved into a post-crisis phase (bottomed-out), and is now trying to move into an accumulation stage. The recovery remains fragile despite impressive rally witnessed so far this year - more promise than gloom.
The market is set to increase in sophistication, process, practice and the changes presents a new opportunity to recalibrate the engagement value chain with investors, operators and regulators.


The Evidence
In 2008/9 - This is definitely not another turn of the business cycle!
Analyst made bold predictions – it came to pass
What became increasingly clear as we waded through the data, interviews, surveys and analysis, is that the current downturn is fundamentally different from anything we have experienced, yet its source, causes and scope have a similarity with the restructuring of an economic order.
The real challenge appears not to be the simple focus on the market meltdown but the unaddressed leadership meltdown in the management of the economy and markets.
2012 – The year market bottoms out!!!


The Practice Today – ‘Watch & Pray’

1.               Crisis allowed the realization of a new way of Investing.

2.           The core of investing is largely is based on fundamentals
Institutional Investors’ use of Technical Analysis is rising in tandem with the re-ordering of the market by regulators while the retail end awaits collaborative deployment between info and tools providers and operators.
3.               The core of investing is largely is based on fundamentals



Analyze Statistics Generated by Market Activity – past prices and volume…
Charts and Other Tools Identify Patterns that can Suggest Future Activities 

Technical Analysis – What we know / ‘not’
Knowledge
Best Practice
Technology

Credibility
Believability
Accessibility / Technology

Certification
Data Issues
Experience
Technology




www.proshareng.com & www.theanalystng.com


www.theanalaystng.com


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