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How to tell NSE has bottomed out
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Kengen: Bids 363,000 at 12.65 supply:Diminished
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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I'm guessing we'll blow past 4500 today... GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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EABL, KCB, AK and NMG experienced afternoon reversals. These counters are likely to stall and slightly dip as they take a breather. EABL is the largest mover in turnover today @204M followed by BAT @88M then KCB @83M. MSCI KE index will likely close today above 1300pts (new all time high - a series of them since blowing away 1210) and NSE20 above 4500pts. But technical readings are overextended. Caution with this euphoria esp on the crappy stocks. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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I will not take any profits since good entry points are un certain but if its my bladder let me bear the wrath "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Its the 10's for Kengen. 13.90 tomorrow? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Aguytrying wrote:Its the 10's for Kengen. 13.90 tomorrow? Kazi iendelee "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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I guess once Kengen reaches 14-15 levels there might be some profit taking
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Rank: Elder Joined: 12/7/2012 Posts: 11,927
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FUNKY wrote:I guess once Kengen reaches 14-15 levels there might be some profit taking if it reaches 15.5, then i will jump out from half of my holding having recovered my invested monies. holding my breath and watching keenly. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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NSE wrote:Buoyed by robust trading, turnover rose to Kes.681M on a volume of 25M shares, up from Kes.520M on 27M shares posted yesterday.
The NSE 20 Share Index crossed the 4,500 point-mark to stand at 4553.25, up by 1.76%.
All Share Index (NASI) was up 1.82 points to stand at 106.10.
FTSE NSE Kenya 15 Index was up 1.41 points to stand at 139.31.
FTSE NSE Kenya 25 Index was up 1.27 points to stand at 142.45. 4500 handle smashed! It is amazing how the resistance levels from 4300 have been brushed aside in an election year to boot! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Angelica _ann wrote:FUNKY wrote:I guess once Kengen reaches 14-15 levels there might be some profit taking if it reaches 15.5, then i will jump out from half of my holding having recovered my invested monies. holding my breath and watching keenly. Contrarian is talking about 17. I won't be quick to exit, I intend to ride this wave to the max.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Just wondering aloud. If the index is vaulting this hard without the wanjiku herd what happens when wanjikus come piling in... #panic buying galore... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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A smooth election will surprise everybody upto 6000pts "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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hisah wrote:Just wondering aloud. If the index is vaulting this hard without the wanjiku herd what happens when wanjikus come piling in... #panic buying galore... @hisah,Every Tom,Dick and Harry intends to plunge in big tyme after the elections.The bull has been hyped by the media houses and wanjiku is aware.Fear is elections. If the elections are smooth,there will be a stampede!
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Metasploit wrote:hisah wrote:Just wondering aloud. If the index is vaulting this hard without the wanjiku herd what happens when wanjikus come piling in... #panic buying galore... @hisah,Every Tom,Dick and Harry intends to plunge in big tyme after the elections.The bull has been hyped by the media houses and wanjiku is aware.Fear is elections. If the elections are smooth,there will be a stampede! At least thats what we think/expect. Events havent been going as expected in the recent past. could we be in for another surprise after peaceful elections? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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the deal wrote:Cde Monomotapa wrote:the deal wrote:Cde Monomotapa wrote:And what's all this attachment with inflation anyway. China is in a similar spot working hard to stem it yet its economy is still growing @9% quarter-on-quarter. The only difference between Kenya (EAC) & China is scale but we are both DEVELOPING economies. I will be the last person on Wazua to bet against the resilience & un-paralled work ethic of the Kenyan people. You will see what inflation will do to KCB's earnings  bdw I still expect an earnings downgrade maybe to 15-30% I see..and ur Equity Bank operates on Mars? Right, right...atleast KCB is fully EAC..there is nothing for us on Mars  @Cde I have done my research...lets wait for 1H and 3Q numbers & then u will see those analysts at RenCap were smoking cheap weed...for starters whats the inflation in TZ, UG and RW? Eqty Bank is a Monster...on a straight line multiply EB's 2.9B 1Q from fees & commissions by 4 quaters & you will see.
The above is post #91 - Monday, July 18, 2011 11:22:29 AM
These were interesting duels when the bear was munching ferociously fundamentals or not
Miss those buying opportunities... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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The bull is charging so hard that investors, speculators and traders are confounded to silence. @hisah. The events of the last 2 years may make us rethink elections years in the future. most investors knew late 2011 was time to buy but the election brought doubt then. and now its pandemonium The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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dunkang wrote:youcan'tstopusnow wrote:I'd hate to be in cash in such a rally. Good opportunity to make at least 20 percent net...
You continue laughing at me. I sold Member last year preparing cash for dec/jan entry, and all am getting are closed doors. Am even contemplating doing a ka-plot (40 by 80) with this cash! Mwenye pupa hadiriki kula tamu. Opportunities are always there brother. Your money lives to invest another day. In any case, you're doing better than DECI investors. Or even these guys: http://www.businessdaily.../-/h5g8t0z/-/index.html
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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ZSE Market Report:- Industrials logs 10-day rising streak http://www.bulawayo24.co...ompanies-byo-25043.html "You shall never walk alone." Caveat: The rest of Byo24 content is extremely sensational. Beware.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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FUNKY wrote:http://www.businessdailyafrica.com/Corporate-News/TransCentury-sells-stake-in-tea-packer-to-PE-firm/-/539550/1667370/-/ewjib3z/-/index.html I do not trust this company... They are everywhere and keep changing their strategies, acquiring and disposing left right and centre. Reminds me of some companies described in "intelligent investor" by Ben Graham, companies that were involved in flashy takeovers and restructuring and ended up bust. The investor's chief problem - and even his worst enemy - is likely to be himself
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