wazua Thu, Dec 26, 2024
Welcome Guest Search | Active Topics | Log In | Register

284 Pages«<2425262728>»
How to tell NSE has bottomed out
Options
Previous Topic · Next Topic
Aguytrying
#501 Posted : Monday, August 29, 2011 9:11:13 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Surely when this thread has 500 posts, you know the n.s.e is not far from the bottom, or is there. Now what everyone needs is an entry strategy. I've seen someone revive a thread on the best move of the year, funny i thought. Plus its august.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
 Report Abusive | Report SPAM
mlennyma
#502 Posted : Monday, August 29, 2011 9:29:02 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Its a common phenomena markets slow down in october as investors start consolidating their accounts,bear in mind the current bearish trend will bite further when all factors combine.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
ecstacy
#503 Posted : Monday, August 29, 2011 12:29:00 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
ecstacy wrote:
Cde Monomotapa wrote:
cnn wrote:
The NSE 20 index falls below 3500 closing at 3476.

Wapi NSSF, nkt!! Laughing out loudly


Western Central bankers are meeting this weekend in Jackson Hole, Wyoming. At last year’s event, Fed Chairman Ben S. Bernanke’s hint of a second round of asset purchases, or quantitative easing, spurred a 28 percent jump in the US S&P 500 through April. Secondary effects on the NSE may be felt come early next week...


Global stocks rise slightly as Bernanke sets a date for possible action next month. This may not be enough to entice big players from that region and its European affiliates to the NSE as we head to the confirmation hearings (& school fees payments). Like the two-and-a-half men (Ruto, Kosgey & Sang), the overall NSE may need some prayers! smile

http://www.reuters.com/a...l-idUSTRE77L0AE20110829

Back to top
 Report Abusive | Report SPAM | Edit by user: Monday, August 29, 2011 12:30 PM | Reason: Not specified
Cde Monomotapa
#504 Posted : Monday, August 29, 2011 1:21:41 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
The biggest tickle I get out of The Hague and Elections popular talk is that inspite it all...none of us has stayed home and abandoned their occupations and consumption. Perception Vs. Reality. Try telling ur employer u r staying home because there are hearings nxt month then come back and report to us. P.S: I don't discount a slowdown but discussions come out as if life in Kenya will stop.
Back to top
 Report Abusive | Report SPAM | Edit by user: Monday, August 29, 2011 1:26 PM | Reason: Not specified
QW25071985
#505 Posted : Monday, August 29, 2011 1:56:27 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
If you are buying please donot !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!. the failing of the last relief rally we saw sometime back means that bears are still in command and you better stay out ...
Back to top
 Report Abusive | Report SPAM
QW25071985
#506 Posted : Monday, August 29, 2011 2:30:59 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
WOW !!!!!!!!!!!!!!!!!!!!!!!!!!! look at the index . kwani ni competition . Equity seems to be near my target at 13.00 each and every day its collapsing while mumias is doing the opposite,lol .I am seeing very many of use left holding monkeys come nov 4 , lol . Funny index isisnt it ..

Co-op just did a low of 13.50 today.(i never though it would break 14.00) a break of that will lead it to ipo price of 9.50, next probable support . . very very interesting ...
And what all these demand obstructing safcoms fall. nkt nkt nkt nkt nkt
This bear aint a joke ....3k mark here we come ..........
Back to top
 Report Abusive | Report SPAM
guru267
#507 Posted : Monday, August 29, 2011 2:36:42 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QW25071985 wrote:
If you are buying please donot !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!. the failing of the last relief rally we saw sometime back means that bears are still in command and you better stay out ...


Should I BUY BUY BUY!!! or should I SELL SELL SELL???
Which one is it my brother?? smile
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
QW25071985
#508 Posted : Monday, August 29, 2011 3:01:11 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
guru267 wrote:
QW25071985 wrote:
If you are buying please donot !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!. the failing of the last relief rally we saw sometime back means that bears are still in command and you better stay out ...


Should I BUY BUY BUY!!! or should I SELL SELL SELL???
Which one is it my brother?? smile


grow so balls . Ooooops i meant grow up . lol . but you cld grow some balls if you wantt to ...Laughing out loudly
Back to top
 Report Abusive | Report SPAM
incognito
#509 Posted : Monday, August 29, 2011 3:18:07 PM
Rank: Member


Joined: 6/29/2011
Posts: 233
I have been following this thread with some interest. I have not invested in stocks yet but intend to. Is this the right time to buy stocks while they at their lowest? Which stocks would you recommend?
Excelsior
Back to top
 Report Abusive | Report SPAM
QW25071985
#510 Posted : Monday, August 29, 2011 3:22:25 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
incognito wrote:
I have been following this thread with some interest. I have not invested in stocks yet but intend to. Is this the right time to buy stocks while they at their lowest? Which stocks would you recommend?


All i can say is that you are at the right place at the right time . Consider yourself luck you have spotted all the bargain. But Not Yet my friend . keep your money coz this index has allot of falling to do..when the index reaches 3k mark . dive in ...
Back to top
 Report Abusive | Report SPAM
incognito
#511 Posted : Monday, August 29, 2011 3:31:16 PM
Rank: Member


Joined: 6/29/2011
Posts: 233
QW25071985 wrote:
incognito wrote:
I have been following this thread with some interest. I have not invested in stocks yet but intend to. Is this the right time to buy stocks while they at their lowest? Which stocks would you recommend?


All i can say is that you are at the right place at the right time . Consider yourself luck you have spotted all the bargain. But Not Yet my friend . keep your money coz this index has allot of falling to do..when the index reaches 3k mark . dive in ...


Thanks QW25071985 smile . When do you expect the index to reach the 3K mark? Which stocks would you recommend?
Excelsior
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#512 Posted : Monday, August 29, 2011 3:40:14 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
@incognito..Soon you'l come to find it profitable to do the opposite of what QW says Laughing out loudly Laughing out loudly Laughing out loudly
Back to top
 Report Abusive | Report SPAM
incognito
#513 Posted : Monday, August 29, 2011 3:46:00 PM
Rank: Member


Joined: 6/29/2011
Posts: 233
Cde Monomotapa wrote:
@incognito..Soon you'l come to find it profitable to do the opposite of what QW says Laughing out loudly Laughing out loudly Laughing out loudly


Which is?
Excelsior
Back to top
 Report Abusive | Report SPAM
guru267
#514 Posted : Monday, August 29, 2011 3:46:06 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QW25071985 wrote:
But Not Yet my friend . keep your money coz this index has allot of falling to do..when the index reaches 3k mark . dive in ...


@qw do you really think the market is in free fall to actually get to the level of 3k??
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
QW25071985
#515 Posted : Monday, August 29, 2011 4:10:51 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
guru267 wrote:
QW25071985 wrote:
But Not Yet my friend . keep your money coz this index has allot of falling to do..when the index reaches 3k mark . dive in ...


@qw do you really think the market is in free fall to actually get to the level of 3k??


technically yes . and we can bet on that . i have actually looked at the index and the failed rally we saw sometime last couple of weeks shows that the selling isnt over...
we are definitely headed to the p.e.v lows thats for sure ...
3k is my mark..
Back to top
 Report Abusive | Report SPAM
guru267
#516 Posted : Monday, August 29, 2011 4:14:26 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QW25071985 wrote:

technically yes .. i have actually looked at the index and the failed rally we saw sometime last couple of weeks shows that the selling isnt over...
we are definitely headed to the p.e.v lows thats for sure ...
3k is my mark..


So what about external & macro factors?? Will the index hit 3000 if bernanke provides a stimulus, or if europe sorts out their woes or if kenya's politics settles??
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
QW25071985
#517 Posted : Monday, August 29, 2011 4:26:30 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
guru267 wrote:
QW25071985 wrote:

technically yes .. i have actually looked at the index and the failed rally we saw sometime last couple of weeks shows that the selling isnt over...
we are definitely headed to the p.e.v lows thats for sure ...
3k is my mark..


So what about external & macro factors?? Will the index hit 3000 if bernanke provides a stimulus, or if europe sorts out their woes or if kenya's politics settles??


the index will surely reach 3k mark . no doubt..we have been ranging for a while when we were at the 3500 level now that the index has found direction best believe it will follow that direction which is down...
But i stick to my technical rules...when a support breaks (in this case the 3500 mark)get out of the way and let the index move in the direction it wants.
there's an old say in ta that "Never buck a trend" as in never move aganist a trend .
by friday (1st Sept)the index shld be around the 3300 mark ..
Back to top
 Report Abusive | Report SPAM
the deal
#518 Posted : Monday, August 29, 2011 4:43:41 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Hehehe finally at QW starts delivering...well I agree with you bro...3500 was a strong support...i lost hope when it was broken...i see support at 3200 before we head towards 2500 by January 2012...
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#519 Posted : Monday, August 29, 2011 5:18:26 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
This old farmer thinks @3,000 points then we will surely rapidly descend to 2,500. The sell off will be on wider spreads, thinner volumes. Unless bank Q3 results are good, 2,500 will be here in November.
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#520 Posted : Monday, August 29, 2011 5:20:05 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
incognito wrote:
Cde Monomotapa wrote:
@incognito..Soon you'l come to find it profitable to do the opposite of what QW says Laughing out loudly Laughing out loudly Laughing out loudly


Which is?

What is contained in this thread Laughing out loudly
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (7)
284 Pages«<2425262728>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.