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How to tell NSE has bottomed out
Rank: Elder Joined: 2/26/2008 Posts: 4,449
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2014 is the year for laggards.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Quote: “The objective is not to buy low and sell high, but to buy high and to sell higher. We can never know what price is “low.” Nor can we know what price is “high.” Always remember that sugar once fell from $1.25/lb. to 2 cent/lb. and seemed “cheap” many times along the way.”
-Dennis Garman’s 4th Trading Rule of 22
$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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ecstacy wrote:2014 is the year for laggards. You are welcome to join the party  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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hisah wrote:ecstacy wrote:2014 is the year for laggards. You are welcome to join the party What do the graphs hold in your view?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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ecstacy wrote:hisah wrote:ecstacy wrote:2014 is the year for laggards. You are welcome to join the party What do the graphs hold in your view? Which graphs?$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: 6,182 Location: nairobi
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Volumes dont suggest a bear,somebody has bought a block of 2m co-op shares at 17.90 "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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hisah wrote:ecstacy wrote:hisah wrote:ecstacy wrote:2014 is the year for laggards. You are welcome to join the party What do the graphs hold in your view? Which graphs? The share volume and price movement one I believe as predictive behaviour based on the highs & lows and your trend curve reading #CartoonFans
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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We are going down...hope you are prepared!
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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mlennyma wrote:Volumes dont suggest a bear,somebody has bought a block of 2m co-op shares at 17.90 @mlennyma "somebody" has see in future Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Say mad selling,who has a tissue paper to help me?hfck 30 but cfci is holding but for how long? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 4/19/2011 Posts: 49 Location: Nairobi
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mlennyma wrote:Say mad selling,who has a tissue paper to help me?hfck 30 but cfci is holding but for how long? Say blood in the streets! Ulcers ndo zinaanza
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@ecstacy - for the laggards (KK, KPLC,KQ and NBK) only KQ, KPLC and NBK look positive. KK is breaking down. KE is buying more than 300,000 metric tons of fuel including gasoil, gasoline and jet fuel for February and March delivery and KK is not one of the bidders. But Total wako hapo. TCL also looks constructive, but the down mood could ruin the party. Since last year I've avoided MSC in my laggards list. The price action explains why... Pretenders with expensive PERs as well as heavy premiums on book values (Price vs NAV) and have been joy riding the bull will get a nice price haircut. KCB gets sold 2yrs after a nice rally. Will it escape this jinx this year... ATM FTSE NSE indices have retraced all the Jan 2014 gains... Fed taper of 65B/mth was outside market expectations. Now waiting to see if Nikkei breaks below 14800 and that sinking feeling will not be nice. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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hisah wrote:@ecstacy - for the laggards (KK, KPLC,KQ and NBK) only KQ, KPLC and NBK look positive. KK is breaking down. KE is buying more than 300,000 metric tons of fuel including gasoil, gasoline and jet fuel for February and March delivery and KK is not one of the bidders. But Total wako hapo. TCL also looks constructive, but the down mood could ruin the party.
Since last year I've avoided MSC in my laggards list. The price action explains why...
Pretenders with expensive PERs as well as heavy premiums on book values (Price vs NAV) and have been joy riding the bull will get a nice price haircut.
KCB gets sold 2yrs after a nice rally. Will it escape this jinx this year...
ATM FTSE NSE indices have retraced all the Jan 2014 gains...
Fed taper of 65B/mth was outside market expectations. Now waiting to see if Nikkei breaks below 14800 and that sinking feeling will not be nice. Good review. I'm into NBK and not selling. This Fed money pullout was largely anticipated so sold off the chips and went into laggards. KK still there in lower volume though but in a loss making position though from the PUMA buy days Watching KQ for price action ahead of July, KPLC not sure, what has changed? I noted foreigners of late were buying into it..MSC caught my attention at these prices..so did HomeAfrika's possible ventures into new African markets..I noted your caution on this counter in a previous thread..Do you foresee that NSSF money from mid-year impact the NSE investor expectations?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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ecstacy wrote:hisah wrote:@ecstacy - for the laggards (KK, KPLC,KQ and NBK) only KQ, KPLC and NBK look positive. KK is breaking down. KE is buying more than 300,000 metric tons of fuel including gasoil, gasoline and jet fuel for February and March delivery and KK is not one of the bidders. But Total wako hapo. TCL also looks constructive, but the down mood could ruin the party.
Since last year I've avoided MSC in my laggards list. The price action explains why...
Pretenders with expensive PERs as well as heavy premiums on book values (Price vs NAV) and have been joy riding the bull will get a nice price haircut.
KCB gets sold 2yrs after a nice rally. Will it escape this jinx this year...
ATM FTSE NSE indices have retraced all the Jan 2014 gains...
Fed taper of 65B/mth was outside market expectations. Now waiting to see if Nikkei breaks below 14800 and that sinking feeling will not be nice. Good review. I'm into NBK and not selling. This Fed money pullout was largely anticipated so sold off the chips and went into laggards. KK still there in lower volume though but in a loss making position though from the PUMA buy days Watching KQ for price action ahead of July, KPLC not sure, what has changed? I noted foreigners of late were buying into it..MSC caught my attention at these prices..so did HomeAfrika's possible ventures into new African markets..I noted your caution on this counter in a previous thread..Do you foresee that NSSF money from mid-year impact the NSE investor expectations? I follow fast money since I'm a trader. Don't care about local funds or NSSF. Maybe long term fans can comment about those. As for KPLC, who will transmit all the power coming online?$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:ecstacy wrote:hisah wrote:@ecstacy - for the laggards (KK, KPLC,KQ and NBK) only KQ, KPLC and NBK look positive. KK is breaking down. KE is buying more than 300,000 metric tons of fuel including gasoil, gasoline and jet fuel for February and March delivery and KK is not one of the bidders. But Total wako hapo. TCL also looks constructive, but the down mood could ruin the party.
Since last year I've avoided MSC in my laggards list. The price action explains why...
Pretenders with expensive PERs as well as heavy premiums on book values (Price vs NAV) and have been joy riding the bull will get a nice price haircut.
KCB gets sold 2yrs after a nice rally. Will it escape this jinx this year...
ATM FTSE NSE indices have retraced all the Jan 2014 gains...
Fed taper of 65B/mth was outside market expectations. Now waiting to see if Nikkei breaks below 14800 and that sinking feeling will not be nice. Good review. I'm into NBK and not selling. This Fed money pullout was largely anticipated so sold off the chips and went into laggards. KK still there in lower volume though but in a loss making position though from the PUMA buy days Watching KQ for price action ahead of July, KPLC not sure, what has changed? I noted foreigners of late were buying into it..MSC caught my attention at these prices..so did HomeAfrika's possible ventures into new African markets..I noted your caution on this counter in a previous thread..Do you foresee that NSSF money from mid-year impact the NSE investor expectations? I follow fast money since I'm a trader. Don't care about local funds or NSSF. Maybe long term fans can comment about those. As for KPLC, who will transmit all the power coming online? KETRACO, but i believe KPLC will fund a few projects here and there "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: Elder Joined: 2/26/2008 Posts: 4,449
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hisah wrote:ecstacy wrote:hisah wrote:@ecstacy - for the laggards (KK, KPLC,KQ and NBK) only KQ, KPLC and NBK look positive. KK is breaking down. KE is buying more than 300,000 metric tons of fuel including gasoil, gasoline and jet fuel for February and March delivery and KK is not one of the bidders. But Total wako hapo. TCL also looks constructive, but the down mood could ruin the party.
Since last year I've avoided MSC in my laggards list. The price action explains why...
Pretenders with expensive PERs as well as heavy premiums on book values (Price vs NAV) and have been joy riding the bull will get a nice price haircut.
KCB gets sold 2yrs after a nice rally. Will it escape this jinx this year...
ATM FTSE NSE indices have retraced all the Jan 2014 gains...
Fed taper of 65B/mth was outside market expectations. Now waiting to see if Nikkei breaks below 14800 and that sinking feeling will not be nice. Good review. I'm into NBK and not selling. This Fed money pullout was largely anticipated so sold off the chips and went into laggards. KK still there in lower volume though but in a loss making position though from the PUMA buy days Watching KQ for price action ahead of July, KPLC not sure, what has changed? I noted foreigners of late were buying into it..MSC caught my attention at these prices..so did HomeAfrika's possible ventures into new African markets..I noted your caution on this counter in a previous thread..Do you foresee that NSSF money from mid-year impact the NSE investor expectations? I follow fast money since I'm a trader. Don't care about local funds or NSSF. Maybe long term fans can comment about those. As for KPLC, who will transmit all the power coming online? OK, KPLC is simply distributing power. Are they modernizing or better extending their distribution network?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@ecstacy - Vision 2030 needs massive energy in place. Both kengen and kplc to benefit. Tariff hike was standing in the way for KPLC. That barrier is now gone. EPS will move up though slowly and the price will follow. KPLC can easily scale 20 -22 levels very easily when the fear phase is over. $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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Indeed 5000 handle lost... NSE20 closes @4,960.99 which is 1.10% in the red. Eurobond is the saving grace... Last straw... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/11/2006 Posts: 971 Location: Home
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FRom MKZ Buoyed by heavy trading, today’s turnover rose to Kes.1.33bn on a hefty tally of 52M shares, up from Kes.1bn on 33M shares posted yesterday. The NSE 20 Share Index shaved-off a total of 54.68 points to stand at 4960.99. All Share Index (NASI) shed 2.21 points to stand at 139.06
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And with that Jan confirms my expectation about the sucker rally... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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