Wazua
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Madness at the NSE
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mwekez@ji wrote:youcan'tstopusnow wrote:I reckon at least another 100 points today to take us past 4900. NSE clocked 1.2 Billion in turnover leo.
Looking at that board today, we could very possibly be within licking distance of 5k mark
Hail to the highs  On point! Buoyed by the sale of EA Breweries shares, turnover soared to Kes.1.20bn on a volume of 56M shares, up from Kes.658M on 33M shares posted yesterday. The NSE 20 Share Index was up 3.95% or 189.57 points to stand at 4985.91. All Share Index (NASI) was up 4.00 points to stand at 119.37. GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@youcant - I can see I influenced you on tracking the index  Today's closing level of 4985 means NSE20 is now 20.6% up in 2013... And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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youcan'tstopusnow wrote:mwekez@ji wrote:youcan'tstopusnow wrote:I reckon at least another 100 points today to take us past 4900. NSE clocked 1.2 Billion in turnover leo.
Looking at that board today, we could very possibly be within licking distance of 5k mark
Hail to the highs On point! Buoyed by the sale of EA Breweries shares, turnover soared to Kes.1.20bn on a volume of 56M shares, up from Kes.658M on 33M shares posted yesterday. The NSE 20 Share Index was up 3.95% or 189.57 points to stand at 4985.91. All Share Index (NASI) was up 4.00 points to stand at 119.37. Highest one day gain this year (3.95%) Now only 0.28% to 5,000 mark
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:@youcant - I can see I influenced you on tracking the index Today's closing level of 4985 means NSE20 is now 20.6% up in 2013... And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in! That cash should take us miles up. The turnover today points that the cash is very eager to find home in the market. I noted a number of counters where all available supply was wiped out in early hours of the morning. Hail to the uptrend
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mwekez@ji wrote:youcan'tstopusnow wrote:mwekez@ji wrote:youcan'tstopusnow wrote:I reckon at least another 100 points today to take us past 4900. NSE clocked 1.2 Billion in turnover leo.
Looking at that board today, we could very possibly be within licking distance of 5k mark
Hail to the highs On point! Buoyed by the sale of EA Breweries shares, turnover soared to Kes.1.20bn on a volume of 56M shares, up from Kes.658M on 33M shares posted yesterday. The NSE 20 Share Index was up 3.95% or 189.57 points to stand at 4985.91. All Share Index (NASI) was up 4.00 points to stand at 119.37. Highest one day gain this year (3.95%) Now only 0.28% to 5,000 mark I can almost taste it. Hehe. GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah wrote:@youcant - I can see I influenced you on tracking the index Today's closing level of 4985 means NSE20 is now 20.6% up in 2013... And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in! Some of that cash you mention bado iko chini ya mattress. The NSE is up 7 percent in 2 days - once the press lap this up, definitely some of it will find its way back into the market GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:hisah wrote:@youcant - I can see I influenced you on tracking the index Today's closing level of 4985 means NSE20 is now 20.6% up in 2013... And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in! Some of that cash you mention bado iko chini ya mattress. The NSE is up 7 percent in 2 days - once the press lap this up, definitely some of it will find its way back into the market I see no sign to the end of the current trend. esp for undervalued(now fairly valued counters). One needs target price for selling, based on ones valuations. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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The Great Gambler by Kenny Rogers http://www.youtube.com/watch?v=Jj4nJ1YEAp4Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Aguytrying wrote:youcan'tstopusnow wrote:hisah wrote:@youcant - I can see I influenced you on tracking the index Today's closing level of 4985 means NSE20 is now 20.6% up in 2013... And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in! Some of that cash you mention bado iko chini ya mattress. The NSE is up 7 percent in 2 days - once the press lap this up, definitely some of it will find its way back into the market I see no sign to the end of the current trend. esp for undervalued(now fairly valued counters). One needs target price for selling, based on ones valuations. Agreed. E.g, even after the recent rally, it is only now that HF is trading at NAV GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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[quote=VituVingiSana]The Great Gambler by Kenny Rogers http://www.youtube.com/watch?v=Jj4nJ1YEAp4[/quote]  @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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youcan'tstopusnow wrote:mwekez@ji wrote:youcan'tstopusnow wrote:mwekez@ji wrote:youcan'tstopusnow wrote:I reckon at least another 100 points today to take us past 4900. NSE clocked 1.2 Billion in turnover leo.
Looking at that board today, we could very possibly be within licking distance of 5k mark
Hail to the highs On point! Buoyed by the sale of EA Breweries shares, turnover soared to Kes.1.20bn on a volume of 56M shares, up from Kes.658M on 33M shares posted yesterday. The NSE 20 Share Index was up 3.95% or 189.57 points to stand at 4985.91. All Share Index (NASI) was up 4.00 points to stand at 119.37. Highest one day gain this year (3.95%) Now only 0.28% to 5,000 mark I can almost taste it. Hehe. So tomorrow we cross the 5,000 bridge?Wow!!! #makingmoney2013 @SufficientlyP
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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This week the Dow Jones Industrial Average reached a record high of over 14,350, surpassing its previous highs made back in October 2007 before the financial crisis. While stubborn unemployment and spending cuts remain a threat to growth, investors seem to have already discounted these risks as old news, with better-than-expected service sector and improving employment data cited as catalysts behind the recent move higher.Countries outside of the United States also appear to be doing pretty well lately. With Japan’s lower yen valuation, China’s export growth and Italian elections over in the eurozone, the MSCI World Index reached levels that it hasn’t seen since June 2008. Many risks remain in these countries, but it seems that investors’ risk appetite has returned and they have largely set their sights on the future, having already discounted these risks in equity valuations. From "the chart advisor". Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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The Dow Jones Industrial Average SPDR (ARCA:DIA) ETF reached new all-time highs this week, surpassing its prior highs dating back to October 2007. After breaking out past its R1 pivot point at 141.86, the index proceeded to break out past the R2 pivot point as well at 143.44, moving into uncharted territory. Traders should watch for a pullback from these levels next week, as some participants lock in profits, while a move down to 139.73 would close the gap and enable some consolidation before another move higher. Looking at technical indicators, the MACD recently experienced a bullish crossover, but the RSI appears to be quite overbought with a reading of 71.37, signaling a potential retracement ahead.SEE: Momentum And The Relative Strength Index The chart advisor Life is short. Live passionately.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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The NSE bull run now feautures on Quest means business on CNN .
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:Aguytrying wrote:youcan'tstopusnow wrote:hisah wrote:@youcant - I can see I influenced you on tracking the index Today's closing level of 4985 means NSE20 is now 20.6% up in 2013... And that cash on the sidelines that ran away back in Dec 2012 coz of the election fear has not yet checked in! Some of that cash you mention bado iko chini ya mattress. The NSE is up 7 percent in 2 days - once the press lap this up, definitely some of it will find its way back into the market I see no sign to the end of the current trend. esp for undervalued(now fairly valued counters). One needs target price for selling, based on ones valuations. Agreed. E.g, even after the recent rally, it is only now that HF is trading at NAV In such madness valuation becomes a distant memory. Look at EABL & ARM at lofty PER. ARM @74 heading back 100 post split. What's the bargain?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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sparkly wrote:The Dow Jones Industrial Average SPDR (ARCA:DIA) ETF reached new all-time highs this week, surpassing its prior highs dating back to October 2007. After breaking out past its R1 pivot point at 141.86, the index proceeded to break out past the R2 pivot point as well at 143.44, moving into uncharted territory. Traders should watch for a pullback from these levels next week, as some participants lock in profits, while a move down to 139.73 would close the gap and enable some consolidation before another move higher. Looking at technical indicators, the MACD recently experienced a bullish crossover, but the RSI appears to be quite overbought with a reading of 71.37, signaling a potential retracement ahead.SEE: Momentum And The Relative Strength Index
The chart advisor USD tsunami keeping the markets afloat powered by helium volumes. Seen the dismal volume at this heavenly heights while VIX at multi yr lows? NSE20 looked the same back in Aug & Oct 2010 - volume fumes rally. Those huge puts for apr for SPDR as well as apr calls for VIX will trigger at some point. The selloff will be awesome!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Looks like we're going back to normal.
BBI will solve it :)
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Rank: New-farer Joined: 1/28/2013 Posts: 61 Location: Nairobi s
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2012 wrote:Looks like we're going back to normal. The party is over  Never be afraid to try something new.Remeber,amateurs built the ark Professionals built titanic.-Anonymous
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Rank: Elder Joined: 2/23/2009 Posts: 1,626
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SittingPretty wrote:Kausha wrote:Hate to disappoint but there will be a mad stampede at the exit door! Be afraid when others are greedy!
Provided interest rates are where they are....we can't pull off a 2003 or 2006! Am I seeing demand getting weaker across except for Mpesa Bank!!!!  You saw it coming. Now I like the NSE,I was getting scared Uncertainty is certain.Let go
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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It has never been and i did not think anybody expected it to be one way only...up.I still have some cash and some correction will have me looking for opportunities to deploy it.
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