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The stock market has Bottomed
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mlennyma
#21 Posted : Wednesday, September 28, 2011 4:04:32 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
The author of this thread must be feeling the heat of shame.
"Don't let the fear of losing be greater than the excitement of winning."
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the deal
#22 Posted : Wednesday, September 28, 2011 4:07:52 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Wooii just checked rich live...it All RED again today..maybe we lost another 30 points...thats like 8 days of losses...! Pray
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QW25081985
#23 Posted : Wednesday, September 28, 2011 4:14:57 PM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
As i said it was quite premature to call a bottom w/o passing the 3500 level on good volume and if you were clever enough you could have noted that.Now the index is back to its slide..


access kenya slowly but surely coming to my three bob target ...I cannot believe it ...

kcb on the other hand has found support at 16.00 level...
Equity still has more falling to do support at 13.00 shld be of interest to us...
KenolKobil if it were to fall ,to support will see it falling to 7 bob support
britak . as i said momentum is dead and if you aren't out pole sana ...back to sub five bob...

Am seeing alot of equal foreigner buying and selling on safaricom and i believe they are accumulating
Our interest shld be on the 3357 level . if we break that technical analysis tell me to remain bearish up to 3k mark...
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mlennyma
#24 Posted : Wednesday, September 28, 2011 4:20:36 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
What other confirmation do you want?we are below 3357 and iam witnessing the best investment moments in my life if this is not my time to get rich let me die poor.
"Don't let the fear of losing be greater than the excitement of winning."
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QW25081985
#25 Posted : Wednesday, September 28, 2011 4:29:01 PM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
mlennyma wrote:
What other confirmation do you want?we are below 3357 and iam witnessing the best investment moments in my life if this is not my time to get rich let me die poor.


WOW ....thats quite some strong conviction...
All just stand aside and look at the market ...i believe we will see better bargains...
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mlennyma
#26 Posted : Wednesday, September 28, 2011 4:34:59 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
Index 3323.44 down 38.07 how do u feel?
"Don't let the fear of losing be greater than the excitement of winning."
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Hunderwear
#27 Posted : Wednesday, September 28, 2011 4:49:07 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
mlennyma wrote:
Index 3323.44 down 38.07 how do u feel?

Are we now headed to 3k?.Me feels its abit too early but with the dollar wel past the 100 mark you may not want to rule out anything
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the deal
#28 Posted : Wednesday, September 28, 2011 6:27:14 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
'Rising prices for beef make chicken a more attractive purchase" The Contrarian 2011.
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QW25081985
#29 Posted : Wednesday, September 28, 2011 7:13:10 PM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
mlennyma wrote:
The author of this thread must be feeling the heat of shame.


.
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amolo
#30 Posted : Wednesday, September 28, 2011 10:47:13 PM
Rank: Member


Joined: 1/29/2007
Posts: 70
Last week I got 13.95% on 91 Days T Bills. At least I won't get High Blood Pressure for 91 Days (due to dwindling fortunes at NSE and Increased Electricity Bills). Moroever the interest is paid in advance so I have a few coins to pay for the increased Electricity Bill ( just got my bill its up 32%)
Prediction: Some shares will be worthy negative values very soon.
Kelly Rogers: there is a time count your money, a time hold on, a time to walk away and A TIME TO RUN.
When my time to RUN came I ran from the Stock Broker to CBK
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hisah
#31 Posted : Thursday, September 29, 2011 7:31:44 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
amolo wrote:
Last week I got 13.95% on 91 Days T Bills. At least I won't get High Blood Pressure for 91 Days (due to dwindling fortunes at NSE and Increased Electricity Bills). Moroever the interest is paid in advance so I have a few coins to pay for the increased Electricity Bill ( just got my bill its up 32%)
Prediction: Some shares will be worthy negative values very soon.
Kelly Rogers: there is a time count your money, a time hold on, a time to walk away and A TIME TO RUN.
When my time to RUN came I ran from the Stock Broker to CBK

Good to know someone else hiding behind gok paper smile
This 91 day bill will go up 18 - 20% on interest rate pays. A lot of cherry here if one can borrow funds @7% and get double digit gains... Money goggles... Wear them.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa
#32 Posted : Thursday, September 29, 2011 7:34:53 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Good to know that u are still paying for the elec.with or without fiscal creativity smile what a wonderful bizna.
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Cde Monomotapa
#33 Posted : Thursday, September 29, 2011 7:38:03 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
mlennyma wrote:
The author of this thread must be feeling the heat of shame.

Laughing out loudly Laughing out loudly
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QW25081985
#34 Posted : Thursday, September 29, 2011 7:47:19 AM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
mlennyma wrote:
The author of this thread must be feeling the heat of shame.


i am entitled to my own opinion even if its wrong ...and if you think you are the best in picking stocks go start your own stock brokerage or hedge fund.
and stop writing shiit...
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erifloss
#35 Posted : Thursday, September 29, 2011 8:32:57 AM
Rank: Member


Joined: 6/21/2010
Posts: 514
Location: Nairobi
Down to 3k then we'll see some stability coz the big players will not be willing to see more of this blood bath. This thread kind of reminds me of guys who were screaming buy buy at every new low coz they saw 'bargains' even after getting good advice.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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ProverB
#36 Posted : Thursday, September 29, 2011 9:47:24 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
YaaaaaaAawwwWNN!!!.. sigh..

sometime in july, holycow posted this..
holycow wrote:


i say, october will sustain in the same. Talks of nse has bottommed make good conversation.. as long as bonds and rolling over t-bills gives an effective return of over 15% it does seem imprudent to get into stocks..

alternatively...caSh iS KinG! smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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QW25081985
#37 Posted : Thursday, September 29, 2011 9:51:57 AM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
am seeing allot of equal foreign buying and selling and thats encouraging...i wounder if they are accumulating while we are busy thinking the index is collapsing ..lol
3k might be a challenge but lets see
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the deal
#38 Posted : Thursday, September 29, 2011 10:03:36 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Wazua is full of people who claim to be experts yet they post hot air...how do you explain someone copy & paste someones work and pass it as his own...or people who start threads and keep posting there alone smile
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QW25081985
#39 Posted : Thursday, September 29, 2011 10:05:35 AM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
QW25081985 wrote:
am seeing allot of equal foreign buying and selling and thats encouraging...i wounder if they are accumulating while we are busy thinking the index is collapsing ..lol
3k might be a challenge but lets see


mzunkgu ni mjanja ....remember 2009, before bull of 2010 . lol.
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ecstacy
#40 Posted : Thursday, September 29, 2011 10:47:17 AM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
ProverB wrote:
YaaaaaaAawwwWNN!!!.. sigh..

sometime in july, holycow posted this..
holycow wrote:


i say, october will sustain in the same. Talks of nse has bottommed make good conversation.. as long as bonds and rolling over t-bills gives an effective return of over 15% it does seem imprudent to get into stocks..

alternatively...caSh iS KinG! smile


I concur!
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