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The stock market has Bottomed
QW25081985
#1 Posted : Friday, September 16, 2011 7:51:14 AM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Yes there i have said it the stock market has bottomed and all the easy bargain that we saw for last couple of months are slowly vanishing.
In the recent past we have seen allot of entry volume on blue chips and this bargain hunting has provided and bottom for the market and i donot see how stocks can go any lower.
Secondly using our bell weather stock theory.Safaricom ( our bell weather stock) which is a good indicator of where the market is going created an floor ( that is traded huge volume at a stable price) awhile ago and rallied alittle bit signaling it has found a bottom and prices can only look up.
Thirdly volume spikes we have seen of late on blue chips indicated investors are busy scouping up cheap stocks and it would be wise to enter with this high volume ...
I have also but my money where my mouth is and dipped into the market big time.Taking up Equity , Co-op , Safcom etc etc etc
Whereever @Yessirbigchair is he better know the market has bottomed and NOW is the time to BUY !!!!!!
Cde Monomotapa
#2 Posted : Friday, September 16, 2011 8:19:16 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Laughing out loudly
mlennyma
#3 Posted : Friday, September 16, 2011 8:31:31 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
The only way to beat a declining market is to enter in bits when your research tells you the bottom is near,now you are telling pple to buy when you discouraged them to buy at cheaper levels last week thank god i do my own ground work.
"Don't let the fear of losing be greater than the excitement of winning."
QW25081985
#4 Posted : Friday, September 16, 2011 8:39:43 AM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Defintely a bottom has been created ....i expect the market to range hover around the 3500 barrier before a push upward
The amount of force ( huge volume) we saw of late will make slicing though the 3500 barrier a piece of cake...Wait and see
mlennyma
#5 Posted : Friday, September 16, 2011 8:47:08 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
I still cant understand why safcom supply of less than 1m against demand of over 7m has not moved the share to atleast 3.70 but however thank it for defying book close theory.
"Don't let the fear of losing be greater than the excitement of winning."
Cde Monomotapa
#6 Posted : Friday, September 16, 2011 8:56:57 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
mlennyma wrote:
The only way to beat a declining market is to enter in bits when your research tells you the bottom is near,now you are telling pple to buy when you discouraged them to buy at cheaper levels last week thank god i do my own ground work.

the deal
#7 Posted : Friday, September 16, 2011 9:23:18 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
More crap from @QW...if u took one stand for one day maybe we will start believing you...how can u call for a bottom if we have not passed 3500...support turns into resistance...look at the RSI...look at the stochastic indicators and then come back and tell me what u saw...
Imp unity
#8 Posted : Friday, September 16, 2011 10:56:56 AM
Rank: New-farer


Joined: 8/10/2011
Posts: 60
QW25081985 wrote:
Yes there i have said it the stock market has bottomed and all the easy bargain that we saw for last couple of months are slowly vanishing.
In the recent past we have seen allot of entry volume on blue chips and this bargain hunting has provided and bottom for the market and i donot see how stocks can go any lower.
Secondly using our bell weather stock theory.Safaricom ( our bell weather stock) which is a good indicator of where the market is going created an floor ( that is traded huge volume at a stable price) awhile ago and rallied alittle bit signaling it has found a bottom and prices can only look up.
Thirdly volume spikes we have seen of late on blue chips indicated investors are busy scouping up cheap stocks and it would be wise to enter with this high volume ...
I have also but my money where my mouth is and dipped into the market big time.Taking up Equity , Co-op , Safcom etc etc etc
Whereever @Yessirbigchair is he better know the market has bottomed and NOW is the time to BUY !!!!!!


Only fools pursue the bottom of a stock market for it is like a bucket of gold at the end of the rainbow.
FUNKY
#9 Posted : Friday, September 16, 2011 11:12:19 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
The cheese will be back at the stock market.

http://www.businessdaily...86/-/a36xr5/-/index.html
QW25081985
#10 Posted : Friday, September 16, 2011 9:45:04 PM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
the deal wrote:
More crap from @QW...if u took one stand for one day maybe we will start believing you...how can u call for a bottom if we have not passed 3500...support turns into resistance...look at the RSI...look at the stochastic indicators and then come back and tell me what u saw...


guess you spoke too soon . go learn some technical analysis then come back for some serious debate . Or maybe you'll be a bear in abull market . whatever suits you keep going it ...a good trader is one who follows sa trend ..if you think you can be a bear or bull all your life you need to check urself first
Oh ! and btw we dnt need to look very far for the crappiest analysis around.
Your bride britac is down 50% so far.. Atleast i was clever enough NOT to be fooled..
Hunderwear
#11 Posted : Friday, September 16, 2011 10:26:51 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
Today's volumes feel like we just found a resistance
mlennyma
#12 Posted : Friday, September 16, 2011 10:28:50 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
Market might remain around 35-34 until q3 exitement and H1 for saf.
"Don't let the fear of losing be greater than the excitement of winning."
youcan'tstopusnow
#13 Posted : Friday, September 16, 2011 10:37:08 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
QW25081985 wrote:
the deal wrote:
More crap from @QW...if u took one stand for one day maybe we will start believing you...how can u call for a bottom if we have not passed 3500...support turns into resistance...look at the RSI...look at the stochastic indicators and then come back and tell me what u saw...


guess you spoke too soon . go learn some technical analysis then come back for some serious debate . Or maybe you'll be a bear in abull market . whatever suits you keep going it ...a good trader is one who follows sa trend ..if you think you can be a bear or bull all your life you need to check urself first
Oh ! and btw we dnt need to look very far for the crappiest analysis around.
Your bride britac is down 50% so far.. Atleast i was clever enough NOT to be fooled..

Laughing out loudly
Market up 43 points to 3507. Next week ndio msema kweli.
Wah! Britak continues tanking, with volume to boot. Horibble! And it's only week 1. I hope @dunkang is okay.
Sasini up 10p.c.
GOD BLESS YOUR LIFE
QW25081985
#14 Posted : Friday, September 16, 2011 10:49:41 PM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
youcan'tstopusnow wrote:
QW25081985 wrote:
the deal wrote:
More crap from @QW...if u took one stand for one day maybe we will start believing you...how can u call for a bottom if we have not passed 3500...support turns into resistance...look at the RSI...look at the stochastic indicators and then come back and tell me what u saw...


guess you spoke too soon . go learn some technical analysis then come back for some serious debate . Or maybe you'll be a bear in abull market . whatever suits you keep going it ...a good trader is one who follows sa trend ..if you think you can be a bear or bull all your life you need to check urself first
Oh ! and btw we dnt need to look very far for the crappiest analysis around.
Your bride britac is down 50% so far.. Atleast i was clever enough NOT to be fooled..

Laughing out loudly
Market up 43 points to 3507. Next week ndio msema kweli.
Wah! Britak continues tanking, with volume to boot. Horibble! And it's only week 1. I hope @dunkang is okay.
Sasini up 10p.c.


i dnt even want us to rally past 3500 put just to range ontop of that .as it will enable me accumulate more ...OHHHH how i wish i was busy buying sasini ...lol with that volume spike we saw on the index someone has the guts we wount breach 3500 mark. thats just plain dumb
Oh well guess ak also has potential ...lol
No where are sasini sellers . when you need them they arent there ...Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
the deal
#15 Posted : Friday, September 16, 2011 10:59:40 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
QW25081985 wrote:
youcan'tstopusnow wrote:
QW25081985 wrote:
the deal wrote:
More crap from @QW...if u took one stand for one day maybe we will start believing you...how can u call for a bottom if we have not passed 3500...support turns into resistance...look at the RSI...look at the stochastic indicators and then come back and tell me what u saw...


guess you spoke too soon . go learn some technical analysis then come back for some serious debate . Or maybe you'll be a bear in abull market . whatever suits you keep going it ...a good trader is one who follows sa trend ..if you think you can be a bear or bull all your life you need to check urself first
Oh ! and btw we dnt need to look very far for the crappiest analysis around.
Your bride britac is down 50% so far.. Atleast i was clever enough NOT to be fooled..

Laughing out loudly
Market up 43 points to 3507. Next week ndio msema kweli.
Wah! Britak continues tanking, with volume to boot. Horibble! And it's only week 1. I hope @dunkang is okay.
Sasini up 10p.c.


i dnt even want us to rally past 3500 put just to range ontop of that .as it will enable me accumulate more ...OHHHH how i wish i was busy buying sasini ...lol with that volume spike we saw on the index someone has the guts we wount breach 3500 mark. thats just plain dumb
Oh well guess ak also has potential ...lol
No where are sasini sellers . when you need them they arent there ...Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

The statement you have highlighted above says IF WE HAVE NOT...there is no part where I say WE WILL NOT...on that point I rest my case...on Britak we can't even debate...tell u what u are just a funny guyLaughing out loudly
lovely2010
#16 Posted : Friday, September 16, 2011 11:15:42 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
mlennyma wrote:
I still cant understand why safcom supply of less than 1m against demand of over 7m has not moved the share to atleast 3.70 but however thank it for defying book close theory.


Maybe you should check the demand is @ what price...sometimes people just place orders not necessarily to buy or to sell but just to cheat on people that the demand or supply is high...but those orders have unreasonable prices so that they dont go through but just to reflect high demand or high supply...
the deal
#17 Posted : Thursday, September 22, 2011 8:25:17 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
youcan'tstopusnow wrote:
QW25081985 wrote:
the deal wrote:
More crap from @QW...if u took one stand for one day maybe we will start believing you...how can u call for a bottom if we have not passed 3500...support turns into resistance...look at the RSI...look at the stochastic indicators and then come back and tell me what u saw...


guess you spoke too soon . go learn some technical analysis then come back for some serious debate . Or maybe you'll be a bear in abull market . whatever suits you keep going it ...a good trader is one who follows sa trend ..if you think you can be a bear or bull all your life you need to check urself first
Oh ! and btw we dnt need to look very far for the crappiest analysis around.
Your bride britac is down 50% so far.. Atleast i was clever enough NOT to be fooled..

Laughing out loudly
Market up 43 points to 3507. Next week ndio msema kweli.
Wah! Britak continues tanking, with volume to boot. Horibble! And it's only week 1. I hope @dunkang is okay.
Sasini up 10p.c.

@QW the NSE is down for Four straight days...what do you say now....we are back at 3430!!! Watch and learn...the NSE is the tape...Wazua is the cinema...
'user'
#18 Posted : Thursday, September 22, 2011 8:54:00 PM
Rank: Veteran


Joined: 12/3/2010
Posts: 1,141
Location: Londokwe
with shilling at 100,failed rains, increasing interest rates ,erections, ocampo,likely developed countries debt defaults we are not likely to see a sustainable recovery at nse.fundamentals are showing otherwise may be till 2013 stay out of nse .
2012 is here.Kenya is Ours.Be Part of The Peace Keeping Mission To Protect Our Motherland.Say No To Violence and Tribal Hatred .If you can read this,wewe ni mtu amesoma, usifikirie kama mtu hajaenda shule .Ni Hayo Tu
Hunderwear
#19 Posted : Wednesday, September 28, 2011 3:25:45 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
QW25081985 wrote:
Yes there i have said it the stock market has bottomed and all the easy bargain that we saw for last couple of months are slowly vanishing.
In the recent past we have seen allot of entry volume on blue chips and this bargain hunting has provided and bottom for the market and i donot see how stocks can go any lower.
Secondly using our bell weather stock theory.Safaricom ( our bell weather stock) which is a good indicator of where the market is going created an floor ( that is traded huge volume at a stable price) awhile ago and rallied alittle bit signaling it has found a bottom and prices can only look up.
Thirdly volume spikes we have seen of late on blue chips indicated investors are busy scouping up cheap stocks and it would be wise to enter with this high volume ...
I have also but my money where my mouth is and dipped into the market big time.Taking up Equity , Co-op , Safcom etc etc etc
Whereever @Yessirbigchair is he better know the market has bottomed and NOW is the time to BUY !!!!!!

@Qw do you still stand by this?
accelriskconsult
#20 Posted : Wednesday, September 28, 2011 3:52:45 PM
Rank: Member


Joined: 4/2/2011
Posts: 629
Location: Nai
I am shocked that seasoned Wazuans still believe that they can play 'market timers'. But then again it is the same guys who dismissed yasserbigchair
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