wazua Wed, Apr 8, 2026
Welcome Guest Search | Active Topics | Log In

372 Pages«<23456>»
Elliott Wave Analysis Of The NSE 20
mnandii
#31 Posted : Tuesday, March 25, 2014 1:09:12 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304



Golden Ratio in Human Being


Golden Ratio in DNA


Fibonacci Mathematics


Human Body and the Golden Ratio
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#32 Posted : Tuesday, March 25, 2014 1:13:51 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Applying Fibonacci to Stock Market Patterns
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#33 Posted : Tuesday, March 25, 2014 1:21:12 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mkonomtupu wrote:
Good stuff @mnadii, as a fundamentals I don't rely on the cartoons but I moved out of the equities into the money markets as the general economic mood didn't look good for equities. In my view equities will generally be flat market over the next two years, but all the same a significant correction is welcome


Good for you. I think it is the better at the moment especially with Kenya where you can't short the market.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
markward
#34 Posted : Tuesday, March 25, 2014 9:46:27 AM
Rank: Hello

Joined: 3/25/2014
Posts: 1
My theory is that the so called boom & bust economic


funny gifs
mnandii
#35 Posted : Tuesday, March 25, 2014 10:18:22 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
In Elliot Wave Analysis there are only three RULES to keep in mind. Rules should never be broken.

RULE 1: The second wave never retraces more than 100% of the first wave.

RULE 2: The third wave is never the shortest wave among waves one, three and five.

RULE 3: The fourth wave should not enter the territory of the first wave.

Let's see a Safcom chart:



In this safcom chart:

Wave i = (6.10 - 2.50) = 3.60

Wave ii = (6.10 - 2.70) = 3.40

Wave iii = (11.20 - 2.70)= 8.50

Applying Golden Ratio in Wave iii

Wave iii @11.20 =(Wave i X 1.618)+2.70
100% ACCURACY!!!

Wave iv = (11.20-9.60)= 1.60

Therefore, Wave iv is approximately half of Wave ii.

Wave v = 12.80-9.60 = 3.20

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#36 Posted : Tuesday, March 25, 2014 10:35:55 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Quote:
In a move to encourage foreign investor trading, the CMA master plan proposes removing the requirement for pre-funding, which can then allow short selling.


Direct Trading Window
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
SittingPretty
#37 Posted : Tuesday, April 01, 2014 11:38:55 AM
Rank: Member

Joined: 2/16/2013
Posts: 123
Location: MSA
@Mnandii how about extrapolating the same with KenyaRe see if the same holds!
Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
mnandii
#38 Posted : Tuesday, April 01, 2014 3:54:31 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
SittingPretty wrote:
@Mnandii how about extrapolating the same with KenyaRe see if the same holds!

You mean applying Elliott Waves to the Kenya Re share? Ok. Give me alittle time.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#39 Posted : Tuesday, April 01, 2014 4:44:41 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Just like the other counters in NSE it appears Kenya Re has also done five waves up (i.e from the 19/12/2011 low of 5.83). Therefore, a large correction is due whcih should take the share to at least 13.10 level (wave 4). Notice that the share has been making new highs yet RSI has been diverging.

NB: Considering the almost vertical move to the 20.75 level and then the sideways move of late, wave 5 may not be complete yet. So a small move above 20.75 is still in the cards.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Angelica _ann
#40 Posted : Tuesday, April 01, 2014 4:53:36 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,936
Ati a correction to 13 bob, you will kill some of us! :smile -) smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
372 Pages«<23456>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.