Wazua
»
Investor
»
Stocks
»
directional forecast
Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
|
http://kenyanwallstreet....he-barometer-says-it-all
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
|
Ericsson wrote:http://kenyanwallstreet.com/kenyan-blue-chips-hammered-the-barometer-says-it-all
Very informative. Nmg as murchr puts it,they have to think of going digital somehow . Just like the story of evolution and long necked giraffes. The one with the longest necks survived and shorter ones got extinct
|
|
|
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
|
Ericsson wrote:
For the past 10 Years we have had 3 classic bear markets in 2008/09, 2011/12 and the current one from 2015 to date.
The current market correction ranks 2nd after the 2008/09 bear market with the market currently down by 35.74% since its peak in 2015.
We are currently roughly 369 points away from the 2012 low and slightly over 1,000 points away from the severe 2008/09 crash.
An interesting point is that the current market correction has taken longer to recover than the previous two experienced in the last 10 years. 2008/09 crash lasted 307 days, 2011/12 correction lasted 396 days and the current correction has lasted for 515 days already and we do not know how much longer it will take till it rebounds.
The best performers year-to-date are only 5 counters i.e. Kenol Kobil, BAT Kenya, Safaricom, Sasini Tea and CFC Stanbic with a slight 1% uptick.
The worst performing counters on the NSE 20 Index year-to-date are led by Kenya Power & Lighting Company, Nation Media Group, and ScanGroup
sidelines until dust settles but will offer a good opportunity to ride long trend when reversal happens. in the meantime learning continues It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
|
|
|
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
|
EQT
my thoughts on the chart.
 It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
|
|
|
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
|
enyands wrote:Ericsson wrote:http://kenyanwallstreet.com/kenyan-blue-chips-hammered-the-barometer-says-it-all
Very informative. Nmg as murchr puts it,they have to think of going digital somehow . Just like the story of evolution and long necked giraffes. The one with the longest necks survived and shorter ones got extinct
quite informative It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
|
|
|
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
|
hisah wrote:Good job @karasinga. TA aka cartoon world (charts) is very lonely lounge  Other TA fans are SPT, metaspoilt, sparkly, mnandii, aluta to mention but a few.
From price action across the NSE20 components, majority are indicating lower lows lining up. Waiting to see what Mr Market decides to do when it touches 3300 handle or lower. But we're getting to the extreme side of things. The next bull will also respond in equal measure as the pendulum returns.
@ hisah, it is a lonely lounge for real. sometimes i wonder if this cartoons benefits anyone other than them making my journal.
@ wazuans, i call upon SPT,metaspoilt, sparkly, mnandii, aluta and all other TA fans to join me here and discuss stuffs.There is a huge learning curve to this business. It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
|
|
|
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
|
 It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
|
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
|
karasinga wrote:hisah wrote:Good job @karasinga. TA aka cartoon world (charts) is very lonely lounge Other TA fans are SPT, metaspoilt, sparkly, mnandii, aluta to mention but a few.
From price action across the NSE20 components, majority are indicating lower lows lining up. Waiting to see what Mr Market decides to do when it touches 3300 handle or lower. But we're getting to the extreme side of things. The next bull will also respond in equal measure as the pendulum returns.
@ hisah, it is a lonely lounge for real. sometimes i wonder if these cartoons/charts benefits anyone other than them making my journal.
@ wazuans, i call upon SPT,metaspoilt, sparkly, mnandii, aluta and all other TA fans to join me here and discuss stuffs.There is a huge learning curve to this business.
Especially mnandii is a pro.havent heard from him in along time though
|
|
|
Rank: Veteran Joined: 8/28/2015 Posts: 1,247
|
enyands wrote:karasinga wrote:hisah wrote:Good job @karasinga. TA aka cartoon world (charts) is very lonely lounge Other TA fans are SPT, metaspoilt, sparkly, mnandii, aluta to mention but a few.
From price action across the NSE20 components, majority are indicating lower lows lining up. Waiting to see what Mr Market decides to do when it touches 3300 handle or lower. But we're getting to the extreme side of things. The next bull will also respond in equal measure as the pendulum returns.
@ hisah, it is a lonely lounge for real. sometimes i wonder if these cartoons/charts benefits anyone other than them making my journal.
@ wazuans, i call upon SPT,metaspoilt, sparkly, mnandii, aluta and all other TA fans to join me here and discuss stuffs.There is a huge learning curve to this business.
Especially mnandii is a pro.havent heard from him in along time though
it's like waking up with a hungry stomach yawning n with no meal on site. yaaaaawahoooio ,Behold, a sower went forth to sow;....
|
|
|
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
|
enyands wrote:karasinga wrote:hisah wrote:Good job @karasinga. TA aka cartoon world (charts) is very lonely lounge Other TA fans are SPT, metaspoilt, sparkly, mnandii, aluta to mention but a few.
From price action across the NSE20 components, majority are indicating lower lows lining up. Waiting to see what Mr Market decides to do when it touches 3300 handle or lower. But we're getting to the extreme side of things. The next bull will also respond in equal measure as the pendulum returns.
@ hisah, it is a lonely lounge for real. sometimes i wonder if these cartoons/charts benefits anyone other than them making my journal.
@ wazuans, i call upon SPT,metaspoilt, sparkly, mnandii, aluta and all other TA fans to join me here and discuss stuffs.There is a huge learning curve to this business.
Especially mnandii is a pro.havent heard from him in along time though
mnandii, you have been selected by wazuans, 2 steps forward
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
|
|
|
Wazua
»
Investor
»
Stocks
»
directional forecast
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.
|