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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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NSE may break 4000 points low John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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The NSE 20 closed today at 4084,we should just go below this 4000 level and see how the music plays from there.For once i am tuned to the cartoon network channel as presented by Mr bear (@hisah) and co.
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Rank: Member Joined: 8/17/2007 Posts: 294
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cnn wrote: The NSE 20 closed today at 4084,we should just go below this 4000 level and see how the music plays from there.For once i am tuned to the cartoon network channel as presented by Mr bear (@hisah) and co. meanwhile the KES has posted gains in 4 straight sessions from 105 to 105 to the dollar
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Rank: Member Joined: 9/17/2006 Posts: 94
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instinct wrote:cnn wrote: The NSE 20 closed today at 4084,we should just go below this 4000 level and see how the music plays from there.For once i am tuned to the cartoon network channel as presented by Mr bear (@hisah) and co. meanwhile the KES has posted gains in 4 straight sessions from 105 to 105 to the dollar Could be as a result of the weakening Dollar
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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I take note that Mr bear lacks pretro_spices now that petro_n_dollar are not dancing in sync unlike other scenarios before by collaborating one to be the fuel and the stoker. What else do the bear has if not the economies considering cbk has hired TSC to run OMO. Ie liquidity squeeze by not paying teachers' salaries? Let the music play. For instance, construction materials are fairly priced in the market ie dollar has not succeeded inciting massive price upward readjustment in cement, chuma etc. FOR goods prices are still steady. Fares n transportation costs are down. No salaries hike have occurred in the near past. Actually the only probable main occurrence would be devolved funds. These chums are in able mean hands and not wanjikus whose propensity to spend/ consumes rocks with cash. Yes the Gvt spending is all high. But the the money is going to smart boys pocket kidelos style. Current Gvt spending stands at close to 1 trillion n by 2017 a trn. So may I hypothesis that, until the chums lands to wanjikus hands in 2017, n barrel price spikes are in town and the dollar menace persists and bazooka, it's all a grand sideways market show. In the mean time, my canisters are being loaded readying for a shooting spree. Doing the gourds ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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instinct wrote:cnn wrote: The NSE 20 closed today at 4084,we should just go below this 4000 level and see how the music plays from there.For once i am tuned to the cartoon network channel as presented by Mr bear (@hisah) and co. meanwhile the KES has posted gains in 4 straight sessions from 105 to 105 to the dollar  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Pesa Nane wrote:instinct wrote:cnn wrote: The NSE 20 closed today at 4084,we should just go below this 4000 level and see how the music plays from there.For once i am tuned to the cartoon network channel as presented by Mr bear (@hisah) and co. meanwhile the KES has posted gains in 4 straight sessions from 105 to 105 to the dollar  The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 8/17/2007 Posts: 294
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Aguytrying wrote:Pesa Nane wrote:instinct wrote:cnn wrote: The NSE 20 closed today at 4084,we should just go below this 4000 level and see how the music plays from there.For once i am tuned to the cartoon network channel as presented by Mr bear (@hisah) and co. meanwhile the KES has posted gains in 4 straight sessions from 105 to 105 to the dollar acheni hizo... i meant 103...
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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And now no trading data since 11.40 a.m, on both mystocks and rich...systems down?
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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cnn wrote: And now no trading data since 11.40 a.m, on both mystocks and rich...systems down? Power Outage! Blame it on CDS, or NSE or perhaps KPLC or KENGEN or perhaps the dams.. Take heart, Biz as usual tomorrow 0900 HRS.  Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Pesa Nane wrote:cnn wrote: And now no trading data since 11.40 a.m, on both mystocks and rich...systems down? Power Outage! Blame it on CDS, or NSE or perhaps KPLC or KENGEN or perhaps the dams.. Take heart, Biz as usual tomorrow 0900 HRS. What a shame!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/3/2007 Posts: 18,122 Location: Nairobi
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Pesa Nane wrote:cnn wrote: And now no trading data since 11.40 a.m, on both mystocks and rich...systems down? Power Outage! Blame it on CDS, or NSE or perhaps KPLC or KENGEN or perhaps the dams.. Take heart, Biz as usual tomorrow 0900 HRS. Doesn't a 'world class' exchange have backup power? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Metasploit wrote:hisah wrote:Caution bulls. The next market raid will be swift! He he..Av seen it! This one was too obvious..People chose to ignore Watching the trend-setters # Safaricom and KCB NSE20 closed at 4109. The retest of 4080 support is nigh. FTSE NSE15 and 25 weekly charts show weakness, which hints the retest of the Aug 27 low will fail!
Brace for the next slide... Meanwhile while the market was 'static' yesterday coz of power outage, the 4080 level broke down. NSE20 closed at 4064.
Slow train crash in a liquidity vacuum! This is so boring to watch. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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I am inclined to believe if financials and the telco start weathering El nino today and that no KPLC power interruption nosedive below 3900 NSE 20 index is likely today. Liquidity crunch is biting! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:hisah wrote:Metasploit wrote:hisah wrote:Caution bulls. The next market raid will be swift! He he..Av seen it! This one was too obvious..People chose to ignore Watching the trend-setters # Safaricom and KCB NSE20 closed at 4109. The retest of 4080 support is nigh. FTSE NSE15 and 25 weekly charts show weakness, which hints the retest of the Aug 27 low will fail!
Brace for the next slide... Meanwhile while the market was 'static' yesterday coz of power outage, the 4080 level broke down. NSE20 closed at 4064.
Slow train crash in a liquidity vacuum! This is so boring to watch. If you were to guess where would you pin the hailed bottom? What do you make of the NSE 25 index? Could it replace the NSE 20 eventually?? I dont see the need of having the two. I'm seriously salivating over NIC bank and ARM cement, i don't know how much longer i can hold myself from buying. I know its not yet time, but I can feel its near based on the valuations 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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Aguytrying wrote:hisah wrote:hisah wrote:Metasploit wrote:hisah wrote:Caution bulls. The next market raid will be swift! He he..Av seen it! This one was too obvious..People chose to ignore Watching the trend-setters # Safaricom and KCB NSE20 closed at 4109. The retest of 4080 support is nigh. FTSE NSE15 and 25 weekly charts show weakness, which hints the retest of the Aug 27 low will fail!
Brace for the next slide... Meanwhile while the market was 'static' yesterday coz of power outage, the 4080 level broke down. NSE20 closed at 4064.
Slow train crash in a liquidity vacuum! This is so boring to watch. If you were to guess where would you pin the hailed bottom? What do you make of the NSE 25 index? Could it replace the NSE 20 eventually?? I dont see the need of having the two. I'm seriously salivating over NIC bank and ARM cement, i don't know how much longer i can hold myself from buying. I know its not yet time, but I can feel its near based on the valuations It's not easy to call a bottom or top, but some events can help. In case of a bottom, the liquidity taps need to start flowing again. If most stocks are trading at NAV or close to it that's also a nice signal. Treasury and CB also need to be in sync. At the moment they don't seem to be in harmony. Equities thrive on liquidity without which bulls can't make a solid charge. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 1/3/2014 Posts: 257
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hisah wrote:Aguytrying wrote:hisah wrote:hisah wrote:Metasploit wrote:hisah wrote:Caution bulls. The next market raid will be swift! He he..Av seen it! This one was too obvious..People chose to ignore Watching the trend-setters # Safaricom and KCB NSE20 closed at 4109. The retest of 4080 support is nigh. FTSE NSE15 and 25 weekly charts show weakness, which hints the retest of the Aug 27 low will fail!
Brace for the next slide... Meanwhile while the market was 'static' yesterday coz of power outage, the 4080 level broke down. NSE20 closed at 4064.
Slow train crash in a liquidity vacuum! This is so boring to watch. If you were to guess where would you pin the hailed bottom? What do you make of the NSE 25 index? Could it replace the NSE 20 eventually?? I dont see the need of having the two. I'm seriously salivating over NIC bank and ARM cement, i don't know how much longer i can hold myself from buying. I know its not yet time, but I can feel its near based on the valuations It's not easy to call a bottom or top, but some events can help. In case of a bottom, the liquidity taps need to start flowing again. If most stocks are trading at NAV or close to it that's also a nice signal. Treasury and CB also need to be in sync. At the moment they don't seem to be in harmony. Equities thrive on liquidity without which bulls can't make a solid charge. @aguytrying, I feel your pain. I'm struggling to hold myself but I know I must wait a little longer. To echo @hisah, timing a bottom (or top) to absolute perfection is near impossible. It is best to set targets for entry (and exit) and go for it. I do not mind buying on the upswing and missing the perfect bottom. Besides as long as you entered near bottom you will still make returns on the way up.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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I doubt this slow motion bear run/sideways show is going to last till the proverbial bottom. A cranked up version will come up sooner rather than later. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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If 4000 has held today,it is by a whisker.A very boring market at the moment.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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The bear is warming up. It will accelerate to below 3800 NSE index in the next 3wks....... once the telco and financials start plunging from their mountainous peak (as of today) panic will spread and obvious nse will crush! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Elliott Wave Analysis Of The NSE 20
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