The CFO certainly thinks its exit time SAFARICOM CFO SELLS OFF STAKE IN COMPANY

Dear experts are we still in a bear market? There seems to be a lul all over..no more big losses and a few gains here and there

I take the approach of staying invested in good value counters rather than timing the market. There will always be underpriced shares and overpriced shares. That said, I expect further discounts in the financials and Mpesa.

@Sparkly, do you expect lower pricing on KCB & EQTY?

I don't think there is much upside to the market left. The lull currently in play is more like a sectional /counter by counter pump and dump before we head lower. Achieving any significant uplift to the market would be too taxing on anyone since the fundies are in the dumps.

Round two of cbr hikes in the works.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

I simply cannot stress enough how important Greece is to freedom, liberty and civilization across the globe. Greece is not a one-off, or merely a small nation in big trouble that holds little relevance for the rest of us. Greece is everything.

What is happening to Greece follows the exact same game plan of what will eventually happen to every other supposedly sovereign nation. First there is an explosion of debt. Then a crisis. Then a bailout. Then creditor imposed hardship is forced upon the average population, in conjunction with unlimited bailouts for the bankers and other oligarch criminals. Finally, when a public which mistakenly believes it is living in a democracy exercises its right to national sovereignty, the sad truth is exposed. They are not a people living under a free political system.

It is precisely because Greece has progressed further along than any other Western nation into this neo-feudal hellhole, that it presents an incredible opportunity for resistance, The Greeks, quite literally, must fight for their very lives. Having been pushed into a corner, they will be forced to experiment in myriad ways if they desire to escape the criminal oligarch vortex in one piece.

Prechter states this about Elliott Waves:

The most useful Elliott Wave pattern predictions are ones which no-one else expects.

As it stands now, almost no one here at Wazua is talking for any upside to the NSE Index. Time will tell.