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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:obiero wrote:VituVingiSana wrote:hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller.  NBK has issues regardless of high T-Bill rates or a bear market. It is under-capitalized [poor CARs] and lives on the largesse of GoK. If its loan book was assessed using metrics of more conservative banks, it would be closed down faster than Imperial Bank! True. That is why GoK will soon combine NBK, Consolidated and Development banks. In a few months.. Wedge breakout to the downside as price prints below 15 handle to close at 14.80. Sharp plunge coming up! @Hisah. You predicted the current bear market 1 year ago. How do you do it? I'll look for one of the old posts for perspective. @muchur. a few months ago You denied this was a bear market, Are you still in denial? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Good year that one, 2013. 202 now. NIFC #HighStakes
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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hisah wrote:NSE20 prints 3,829.31. As usual during a sustained downtrend the fellows at NSE don't post the day's closing figures  you wish, our command PAP!!  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Plus bonus stax (D&B)  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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Aguytrying wrote:hisah wrote:obiero wrote:VituVingiSana wrote:hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller. NBK has issues regardless of high T-Bill rates or a bear market. It is under-capitalized [poor CARs] and lives on the largesse of GoK. If its loan book was assessed using metrics of more conservative banks, it would be closed down faster than Imperial Bank! True. That is why GoK will soon combine NBK, Consolidated and Development banks. In a few months.. Wedge breakout to the downside as price prints below 15 handle to close at 14.80. Sharp plunge coming up! @Hisah. You predicted the current bear market 1 year ago. How do you do it? I'll look for one of the old posts for perspective. @muchur. a few months ago You denied this was a bear market, Are you still in denial? When bogus stocks (small caps) started parabolic rallies that was the red flag that the market had run out of quality. Kenya Orchards was the loudest signal that a top was forming. I then kept scooping all the NSE20 heavyweights and noticed Equity, britam and ICDC had run to utopia and that's when I issued the golden handcuff warning.$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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Pesa Nane wrote:Plus bonus stax (D&B) Alaaaa what do we have here? That NSE stock volume...quite telling.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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snipermnoma wrote:Pesa Nane wrote:Plus bonus stax (D&B) Alaaaa what do we have here? That NSE stock volume...quite telling. With 99% Foreign Buys. A guy,Mlennyma Why are Foreigners Selling KK? Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@Boris. Foreigners don't like kk. But when it starts rising, you will see them on buy side pushing volumes 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: 18,124 Location: Nairobi
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Aguytrying wrote:@Boris. Foreigners don't like kk. But when it starts rising, you will see them on buy side pushing volumes
KK. The biwott family nexus has been selling. The 'owners' may be local but the ownership is foreign. Why are they selling? I do not know. Where do his kids live? [I saw that with CFC Bank. After the wazee retired/died, the kids started selling off the shares. I believe the sale of CFC to Stanbic was engineered to allow the kids exit at a good price without flooding the market with shares]. 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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Global stocks are flashing again like back in July before that sharp selloff in August. This is not good  $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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Is Nairobi Securities Exchange Ltd amongst NSE20 share index? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Spikes wrote:Is Nairobi Securities Exchange Ltd amongst NSE20 share index? NSE 20 index components.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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I have a feeling the downtrend will resume next week.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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whiteowl wrote:I have a feeling the downtrend will resume next week. The index is quite oversold, I expect November to be a rebound month. Infact I hope the bounce holds until Q2 2016, then we get the proper selloff to test 2011 lows. This is in order to confirm if that low was solid or not. A bull that starts from that low will be awesome if the bulls are to blow away the NSE20 6161 all time high barrier. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Equity is the biggest mover today with turnover at over ksh.1.1bn. It traded 27.62mn shares. Who is that moving such a big volume of shares Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/17/2007 Posts: 294
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Ericsson wrote:Equity is the biggest mover today with turnover at over ksh.1.1bn.
It traded 27.62mn shares.
Who is that moving such a big volume of shares NSE20 Up 37.93 points to close at 3868.09. Moving on up....
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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expect this trend to continue.
Lakini ARM at 31.xx , the world is very strange
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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streetwise wrote:expect this trend to continue.
Lakini ARM at 31.xx , the world is very strange I need no further invitation to ARM 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:streetwise wrote:expect this trend to continue.
Lakini ARM at 31.xx , the world is very strange I need no further invitation to ARM Still no floor and the chart scope is likely a test of 20 level and one heck of a crime scene!!! This one definitely goes to the buy watch list. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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hisah wrote:whiteowl wrote:I have a feeling the downtrend will resume next week. The index is quite oversold, I expect November to be a rebound month. Infact I hope the bounce holds until Q2 2016, then we get the proper selloff to test 2011 lows. This is in order to confirm if that low was solid or not. A bull that starts from that low will be awesome if the bulls are to blow away the NSE20 6161 all time high barrier. You're spot on with the charts but where will liquidity to support this mini rally come from? Or has the reverse repos cash hit your account? 
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Elliott Wave Analysis Of The NSE 20
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