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Why is the market looking up?

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Impunity		#1 Posted : Friday, September 09, 2011 10:05:12 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada		The BIG question today. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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mlennyma		#2 Posted : Friday, September 09, 2011 10:20:38 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi		Jesus said, be prepared to go with me when i come un-expectedly and so is this market. "Don't let the fear of losing be greater than the excitement of winning."
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ecstacy		#3 Posted : Friday, September 09, 2011 11:16:44 AM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		Maybe time, maybe not! http://www.reuters.com/a...s-idUSTRE7850EA20110908 'The current market conditions mean that short-term views are dominating and company fundamentals are taking a back seat. "All of a sudden everybody is a trader, now, nobody is an investor," said Sam Ginzburg, a senior trader at First New York Securities. "Everything is trading macro, everything is trading on psychology, and everybody is staring at charts."' http://www.reuters.com/a...a-idUSTRE7872MP20110908
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QW25081985		#4 Posted : Friday, September 09, 2011 11:19:16 AM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		Yawn !!! They cn say what they wanna say but remember volumes never lie.
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kenyainvestor		#5 Posted : Friday, September 09, 2011 2:45:57 PM
Rank: Member Joined: 7/12/2011 Posts: 194		Equity sees a high of 18.9. Centum up 5% with a high of 16.75 @hisah, rebound on? LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5 FACEBOOK: Kenya Investing TWITTER HANDLE: @kenyainvestor
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FUNKY		#6 Posted : Friday, September 09, 2011 2:52:58 PM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		Let's wait for Monday guys.
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kenyainvestor		#7 Posted : Friday, September 09, 2011 4:40:05 PM
Rank: Member Joined: 7/12/2011 Posts: 194		The NSE 20-share index shed 6.98 points (0.21%) to close at 3,393.70 points Equity turnover: KES 401.25 Million 48,924,800 total shares traded A huge spike in volume from yesterday. Of course Safaricom traded 40.75 Million shares, or worth Kshs. 122.84 Million LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5 FACEBOOK: Kenya Investing TWITTER HANDLE: @kenyainvestor
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QW25081985		#8 Posted : Friday, September 09, 2011 4:49:06 PM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		Impunity wrote: The BIG question today. u wanna know why the market is looking up ? It looking up to the heavens to God to redeem it frm the ruthless bear !!!!
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Mainat		#9 Posted : Friday, September 09, 2011 5:14:26 PM
Rank: Veteran Joined: 11/21/2006 Posts: 1,590		Was a dead cat bounce Sehemu ndio nyumba
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QW25081985		#10 Posted : Friday, September 09, 2011 5:31:48 PM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		i remember telling you guys September ( and officially the end of summer in the us , europe) we will see huge moves . well look at safaricom . huge huge huge volumes of late !!!!!!!! But still unable to break the 2.55 level . lol . Now let the bear continue Ak moving slowly but surely moving to 4 bob . my buy order at sub 3 bob looks to be filled
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