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Elliott Wave Analysis Of The NSE 20
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mpesa bank has become volatile of late... $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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Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url] Today NSE20 closed at 3,785.73. We will review this end of the year. $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: 6,183 Location: nairobi
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hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say  "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Spikes wrote:mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. Don't rely on hope. NSE 20 Share Index is correcting below 4040 (i.e. it is rising for now but will not reach 4040). The next leg down is going to drown most wazuans (even some gurus here  ). The bear that I predicted back one year ago when the NSE Index was still above 5300 is taking its toll. Yet some people see that as an opportunity to buy!!!! 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.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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snipermnoma wrote:mnandii wrote:snipermnoma wrote:mnandii wrote:NSE 20 SHARE INDEX SHORT TERM UPDATE  Unless 4040 level is broken upward, my outlook remains bearish. Am looking for a third wave drop i.e wave iii whose targets are as below: Wave i = ( 4257.27 - 3829.91 ) = 427.36 Typically third waves are 161.8 or 261.8% of first waves. Thus: Wave iii end = {4040.75 - 1.618 X 427.36} = 3349.28OR Wave iii end= {4040.75 - 2.618 X 427.36} = 2921.92 @mnandii I'm still an amateur wave counter so I'm wondering how to count green wave 3. My assumptions are as follows: I assume green wave 3 comprises of five blue/cyan waves (so far we have [i] and [ii]). I assume blue/cyan [iii] is composed of five red waves (so far we have i and ii). Green wave 5 will be the end of black wave (C) from long term chart which you calculated as 2415.48, 1698.19 or 1397.15 in post [url=http://www.wazua.co.ke/forum.aspx?g=posts&m=706678#post706678]1377[/url] YES! Basically in a third wave extension each higher wave degree is composed of five lower degree waves viz:  Similar to above but in our case it is a bear market third wave extension (so mentally flip this upside down). I see. So we need to complete red to v, blue to [v], green to 5 for black to be at C. Looks like the way down will be a loooong one. 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.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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mnandii wrote:Spikes wrote:mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. Don't rely on hope. NSE 20 Share Index is correcting below 4040 (i.e. it is rising for now but will not reach 4040). The next leg down is going to drown most wazuans (even some gurus here ). The bear that I predicted back one year ago when the NSE Index was still above 5300 is taking its toll. Yet some people see that as an opportunity to buy!!!! a ship can sink but you will hardly miss some floating survivors "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mnandii wrote:Spikes wrote:mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. Don't rely on hope. NSE 20 Share Index is correcting below 4040 (i.e. it is rising for now but will not reach 4040). The next leg down is going to drown most wazuans (even some gurus here ). The bear that I predicted back one year ago when the NSE Index was still above 5300 is taking its toll. Yet some people see that as an opportunity to buy!!!! @Mnandii I agree with you that NSE will not touch 4040. Which means there is room 3700<NSE<4040 . This is a wide range. Will the next NSE slide be gentle or with swift bang according to charts ? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,556 Location: nairobi
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Spikes wrote:mnandii wrote:Spikes wrote:mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. Don't rely on hope. NSE 20 Share Index is correcting below 4040 (i.e. it is rising for now but will not reach 4040). The next leg down is going to drown most wazuans (even some gurus here ). The bear that I predicted back one year ago when the NSE Index was still above 5300 is taking its toll. Yet some people see that as an opportunity to buy!!!! @Mnandii I agree with you that NSE will not touch 4040. Which means there is room 3700<NSE<4040 . This is a wide range. Will the next NSE slide be gentle or with swift bang according to charts ? These charts work inefficiently in African markets especially approaching an election year.. People here will remember @stockmaster's mistake against my solid advice in 2012
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mlennyma wrote:mnandii wrote:Spikes wrote:mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. Don't rely on hope. NSE 20 Share Index is correcting below 4040 (i.e. it is rising for now but will not reach 4040). The next leg down is going to drown most wazuans (even some gurus here ). The bear that I predicted back one year ago when the NSE Index was still above 5300 is taking its toll. Yet some people see that as an opportunity to buy!!!! a ship can sink but you will hardly miss some floating survivors Well said. Pick up the floating survivors because it's impossible to tell when the ship has hit rock bottom. Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sparkly wrote:mlennyma wrote:mnandii wrote:Spikes wrote:mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. Don't rely on hope. NSE 20 Share Index is correcting below 4040 (i.e. it is rising for now but will not reach 4040). The next leg down is going to drown most wazuans (even some gurus here ). The bear that I predicted back one year ago when the NSE Index was still above 5300 is taking its toll. Yet some people see that as an opportunity to buy!!!! a ship can sink but you will hardly miss some floating survivors Well said. Pick up the floating survivors because it's impossible to tell when the ship has hit rock bottom. When a stock is in my target range, I'm buying. I'm not worried about the index going lower, coz I don't need to sell. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Aguytrying wrote:sparkly wrote:mlennyma wrote:mnandii wrote:Spikes wrote:mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. Don't rely on hope. NSE 20 Share Index is correcting below 4040 (i.e. it is rising for now but will not reach 4040). The next leg down is going to drown most wazuans (even some gurus here ). The bear that I predicted back one year ago when the NSE Index was still above 5300 is taking its toll. Yet some people see that as an opportunity to buy!!!! a ship can sink but you will hardly miss some floating survivors Well said. Pick up the floating survivors because it's impossible to tell when the ship has hit rock bottom. When a stock is in my target range, I'm buying. I'm not worried about the index going lower, coz I don't need to sell. Why float anyway! To feed the sharks once the shark is fully charged? Me stake is what I am not ready to give and exposie my vital organs. Am playing safe. ,Behold, a sower went forth to sow;....
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Rank: Chief Joined: 1/3/2007 Posts: 18,126 Location: Nairobi
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obiero wrote:Spikes wrote:mnandii wrote:Spikes wrote:mlennyma wrote:Spikes wrote:mlennyma wrote:hisah wrote:Here we go again. [url=http://www.nation.co.ke/business/Analysts-predict-bullish-run-for-NSE/-/996/3062170/-/7ln1sl/-/index.html]Analysts predict bullish run for NSE[/url]
Today NSE20 closed at 3,785.73. We will review this end of the year. some stocks are yet to know the bear pple talk about.Kk do I say Manufacturing stocks have defied the bear run expected to register a rise in prices this month . what are u saying? Look at manufacturing stocks! They have shown resilience in a bear market since January 2016. Don't rely on hope. NSE 20 Share Index is correcting below 4040 (i.e. it is rising for now but will not reach 4040). The next leg down is going to drown most wazuans (even some gurus here ). The bear that I predicted back one year ago when the NSE Index was still above 5300 is taking its toll. Yet some people see that as an opportunity to buy!!!! @Mnandii I agree with you that NSE will not touch 4040. Which means there is room 3700<NSE<4040 . This is a wide range. Will the next NSE slide be gentle or with swift bang according to charts ? These charts work inefficiently in African markets especially approaching an election year.. People here will remember @stockmaster's mistake against my solid advice in 2012 @Stockmaster vs @Obiero Hmmm, tough decision. Who should I pick?  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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It seems Saxo Bank wont be using Elliott Wave this year. As received:
Goodbye to the Year of the Goat, and Welcome to the Year of the Monkey.
At the end of last year, the Hong Kong markets fell sharply, and the circuit breaker launch in mainland China created a confusing investment situation for investors.
Saxo Capital Markets has invited fortune-telling expert Mr Alan Yu, a specialist in Fengshui flying star and Zi Ping, to assist you in analysing your Eight Characters and Financial Status, hoping that in the Year of the Monkey your investments will prove to be successful.
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Rank: Member Joined: 8/17/2007 Posts: 294
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even as most remain pessimistic about a possible rally towards end of February, does it matter that some companies will report good results in March? some will announce good dividends, bonuses etc.
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Rank: Member Joined: 1/3/2014 Posts: 257
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instinct wrote:even as most remain pessimistic about a possible rally towards end of February, does it matter that some companies will report good results in March? some will announce good dividends, bonuses etc. Good question. I have noted that when pessimism grips, good news is ignored and prices stagnate or drop. Similarly when optimism grips, bad news is ignored and prices hold or increase. This bear we are in will likely ignore any good results in the next month.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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snipermnoma wrote:instinct wrote:even as most remain pessimistic about a possible rally towards end of February, does it matter that some companies will report good results in March? some will announce good dividends, bonuses etc. Good question. I have noted that when pessimism grips, good news is ignored and prices stagnate or drop. Similarly when optimism grips, bad news is ignored and prices hold or increase. This bear we are in will likely ignore any good results in the next month. @sniper that's a nice way of summarizing market psychology.
Most think that since 2015 was a sell side period, the FY news expected in Q1 will change the market behaviour to the upside since we're in a new year. The reason being the market always rallies pre FY release. However, most are forgetting that the profit warnings are going to be actualized in this FY results. Why would the market rally? The sentiment is not bullish, but neither is it extremely pessimistic. For that reason this is why the market has to hit the decks again.
For a pendulum to swing you need the extreme swing ends to be reached to provide the force for the opposite swing. We're half way the bear swing. We'll reach the extreme swing end then change to the bullish swing.
Expect any rallies to be sold!$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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Mpesa bank... Caution... The next market down leg will catch many off-guard! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Elliott Wave Analysis Of The NSE 20
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