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The stock market has Bottomed
Rank: New-farer Joined: 10/6/2011 Posts: 84
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FUNKY wrote:Market is bleeding RED today. The slaughter of the bull has started. This market is still strong looking at it from a long term perspective .It hasnt even touched the trendline stretching back from early 2000. but when you look at it from a shorter time frame all hell has broken ..loose. Look at the image 
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Rank: New-farer Joined: 10/6/2011 Posts: 84
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Eric_Nyamu wrote:StatMeister wrote:Eric_Nyamu wrote:[quote=hisah]This a bit out of topic. @youcant - see more details on defence contractor fraud. Now do your research - http://sanders.senate.go...-44d9-936e-074de29f9be3[/quote] another reason why i think the market has printed its lows ....KES heading for some big correction ::  @Eric, correction is up or down? CBK needs to manage volatility not value. A weaker local currency makes more sense anywhere in the face of international trade. the pair is correcting down...i think we will reach the 50% fib level.if breaks 61.8% level then i think professor and his cbk team need a pat on the back coz thats a job well done..now i see why the market rallied.if indeed the pair has topped 106 then i think we shld be buying stocks now the shilling is playing around with the 80 level . i think it will touch that level..and i believe it has topped at 107. tea stocks better be following suite and that DOWN !!!!!!!!!!!!! .
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Rank: New-farer Joined: 10/6/2011 Posts: 84
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Eric_Nyamu wrote:FUNKY wrote:Market is bleeding RED today. The slaughter of the bull has started. This market is still strong looking at it from a long term perspective .It hasnt even touched the trendline stretching back from early 2000. but when you look at it from a shorter time frame all hell has broken ..loose. Look at the image okay i realize not all of use are technical analysts so let me break it up . you see that rising line 'ave draw on the above image.it means that is the index breaks it (to the downside) all hell breaks loose on the index but if it (the index)stays above it like the way it is now look to buy stocks like there's no tomorrow... from a long term perspective the bull market from early 200s is still alive look at it that way !
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Rank: Member Joined: 8/17/2011 Posts: 207 Location: humu humu
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Eric_Nyamu wrote:Eric_Nyamu wrote:FUNKY wrote:Market is bleeding RED today. The slaughter of the bull has started. This market is still strong looking at it from a long term perspective .It hasnt even touched the trendline stretching back from early 2000. but when you look at it from a shorter time frame all hell has broken ..loose. Look at the image okay i realize not all of use are technical analysts so let me break it up . you see that rising line 'ave draw on the above image.it means that is the index breaks it (to the downside) all hell breaks loose on the index but if it (the index)stays above it like the way it is now look to buy stocks like there's no tomorrow... from a long term perspective the bull market from early 200s is still alivBUYe look at it that way ! GOOD. I CONCUR IT MAY BE THE TIME TO ADD CAREFULLY. SELECTED STOCKS.
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Rank: Member Joined: 8/17/2011 Posts: 207 Location: humu humu
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Eric_Nyamu wrote:Eric_Nyamu wrote:FUNKY wrote:Market is bleeding RED today. The slaughter of the bull has started. This market is still strong looking at it from a long term perspective .It hasnt even touched the trendline stretching back from early 2000. but when you look at it from a shorter time frame all hell has broken ..loose. Look at the image okay i realize not all of use are technical analysts so let me break it up . you see that rising line 'ave draw on the above image.it means that is the index breaks it (to the downside) all hell breaks loose on the index but if it (the index)stays above it like the way it is now look to buy stocks like there's no tomorrow... from a long term perspective the bull market from early 200s is still alivBUYe look at it that way ! GOOD. I CONCUR IT MAY BE THE TIME TO ADD CAREFULLY. SELECTED STOCKS.
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Rank: Member Joined: 1/29/2011 Posts: 257
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FUNKY wrote:Market is bleeding RED today. The slaughter of the bull has started. Hopefully there will be a feast for those amongst us who have been sharpening their appetites (and wallets/bank accounts) on the sidelines...  "All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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Rank: New-farer Joined: 10/6/2011 Posts: 84
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Thing a very bearish for the nse in the short term ..if the below patter will develop to the end sub 2000 could be int he cards...though i donot see us getting here.The below image is a bear flag which means that if the index breaks the lower rising line we are in for trouble.Big trouble !!! 
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Let it bleed!!! Na bado. Spanish and German debt comparable, STILL on AAA rating! Haha
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Rank: New-farer Joined: 10/6/2011 Posts: 84
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seems we will miss santa clause rally ...
bad bad bad for next year !!!!
but i would also like to be buying but i just donot know when !!!! lol
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Rank: New-farer Joined: 10/6/2011 Posts: 84
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Eric_Nyamu wrote:Thing a very bearish for the nse in the short term ..if the below patter will develop to the end sub 2000 could be int he cards...though i donot see us getting here.The below image is a bear flag which means that if the index breaks the lower rising line we are in for trouble.Big trouble !!! if this pattern works out the nse is doomed !!!!!
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