QW25071985 wrote:One thing is certain the nxt move on the n.s.e will be HUGE. I consider this low volumes to be calm before a storm.so brace yourself.
And those thinking that the banks will fall futher might be suprised to know that it may have been factored in.equity at 15.00 , co-op at 9.50 is just impossible. It means at these prices inflation, high interest rates etc has wipped of all of 2010 earnings.impossible.
I am a bull and i say we have bottomed.
Never thought this day would come, but i so totally agree with you. The index may have fallen, but its coz its got too much weight in a few large counters. If you look at the other constituents, they are stable, banks are on the rise. Am not saying that the rise will be astronomicall, but odds of a fall are slim esp for kcb, coop, and equity. But i could be wrong.