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The N.S.E points to 27xx in the next round of selling

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Gatheuzi		#41 Posted : Monday, January 09, 2012 7:02:51 PM
Rank: Veteran Joined: 8/16/2009 Posts: 994		youcan'tstopusnow wrote: NSE lost 24.41points to close at 3,200.46 This was my initial prediction last year: Gatheuzi wrote: This will be one long bear ..... My comeback will be around July - Oct next year when I expect the index to be around 2K pts.... It may be too low but once we get at 2,999 -- then we will be sub-3,000 after that we can take a slide before we stabilize for a couple of months. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Hunderwear		#42 Posted : Tuesday, January 10, 2012 5:03:15 PM
Rank: Member Joined: 4/14/2011 Posts: 639		is mr market nowheaded for sub 3k...seems lyk it
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youcan'tstopusnow		#43 Posted : Tuesday, January 10, 2012 5:12:12 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Hunderwear wrote: is mr market nowheaded for sub 3k...seems lyk it Down a further 19.91 points today to close at 3,180.55 points... GOD BLESS YOUR LIFE
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QW25081985		#44 Posted : Tuesday, January 10, 2012 5:17:53 PM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		we have a tough level of support at 3k . a break of that and all hell breaks loose
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Impunity		#45 Posted : Tuesday, January 10, 2012 7:01:07 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		I only have one portfolio which I could not liquidate due to massive errosion. The rest is money at T-bills, which I will use to jump in the market around Octobest or at sub-2000, whichever comes last! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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hisah		#46 Posted : Tuesday, January 10, 2012 8:00:56 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		@deal/QW - have you guys checked out the RSI and MACD descending tops between 2.11.2011 and 06.01.2012. Same pattern is unfolding and 3070 will be broken down in coming weeks. Both MACD and RSI failed to reach the highs made on 2.11.2011 confirming the bear is still intact. RSI failed below the 60 mark as the index tried to rally towards 3300 (former support now turned resistance). I wonder if mpesa rebound will single-handedly be able to pull up the index assuming it tries to rally hard... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow		#47 Posted : Tuesday, January 10, 2012 10:46:28 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		youcan'tstopusnow wrote: SCANGROUP and COOP pushing 44 Million and 21 Million in turnover respectively accounting for just over half of total turnover... Scangroup share holds firm after block sale by employee http://www.businessdaily.../-/13jy3nv/-/index.html GOD BLESS YOUR LIFE
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the deal		#48 Posted : Wednesday, January 11, 2012 12:32:11 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		The NSE plunge of 2011 defies logic even the Euro benchmark index never capitulated that much, if we capitulate a 1000 points further that means Equity and KCB at Sh8, Kenol at Sh4, Safcom at Sh1 etc @hisah in a bear market RSI/Stochastic indicators rarely exceed 60...all in all i'm bullish...we have done a full cycle...treasury is my enemy...mpc has done its part
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hisah		#49 Posted : Wednesday, January 11, 2012 6:54:13 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		the deal wrote: The NSE plunge of 2011 defies logic even the Euro benchmark index never capitulated that much, if we capitulate a 1000 points further that means Equity and KCB at Sh8, Kenol at Sh4, Safcom at Sh1 etc @hisah in a bear market RSI/Stochastic indicators rarely exceed 60...all in all i'm bullish...we have done a full cycle...treasury is my enemy...mpc has done its part My point was the slanting RSI & MACD trend. Downtrend channel is still intact. Unless broken in a bullish break I don't see chances for bulls. Maybe a calf as @mainat puts it. As u state treasury is not helping in this environment. Until the inverted yield curve reverses, I'm bearish KE econ. I also want those CBK fx controls out & let the market be if indeed they have balls of steel $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25081985		#50 Posted : Friday, January 20, 2012 10:36:59 AM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		amnot fooled by the calmness .Bears are patiently waiting for their turn !
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