Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:Will the CBR cut boost the market past 3800? 150bps cut on CBR is a good start for some liquidity injection. NSE should at least test 4000pts in coming weeks. But another rate cut to 13-14% is need to cushion the econ and flush out tbill hoggers. If euroland debt bomb is handled well, the rally could force a test of 4200.
So the big volumes on mpesa bank, equity, kcb and FTSE-15 for 5 weeks now were looking for the rate cut boost.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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