True, Bloomberg is correct on 52 weeks low, but to be precise, the last time the index was below 3,500 points before we got here was Jan 14th 2010. So between Oct 30th 2008 and Jan 14th 2010, the index was below 3,500 pts, i.e 15 months. Technically speaking, we could be sub 3,500 for the next 15 months, or more! It's happened before, 2001-2002, and then 2008-2009! It can happen again!

Can it to get to 2,500 ASAP so as to plant for the next harvest! Nkt!

Until the ksh.stabilises enter this counters with caution:-all bank stocks,total,kk,e.a cables,neveready.

Could someone please rwmind me where the index was in January 2008.

With NSE closing @3361 tomorrow will confirm if the pin off @3357 is broken. A close @3300 or lower depending on the selling pressure will negate a double bottom and open up a test of 3000 in coming weeks. But from the current structure, I'll safely exit the mpesa bet with zero gains minus commission. No need forcing trades. Britank dead cat bounce is now on reversal. @mlenny and PPT have jumped ship without alerting the rest! This reversal will test and break 5.35. @Ali baba - Please buy now then I short sell your holdings KK - finally closes below 10/- It has been really stellar at holding that handle. Next 9.50 before 9. Those expecting 11 - 12, keep holding BBK - to test sub 11 by next week. That supply side is here to stay. AK - @QW - I never thought I'd say this, but 5 is too much a 5 star for it, sub 5 soon... Kengen - @cde - sub 9/- is coming. Sasini - finally mid 12. I want to see how the buyer handle it at these levels to confirm if 14 is still a solid barrier. Sub 12, will mean 14 remains intact until further notice... Scangroup has now popped up my radar after breaking below 38. Going lower and might test 30. And finally tranny - still no floor just like NBK. By Friday index close we will know if we are back to weekly selling...