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How to tell NSE has bottomed out
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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hisah wrote:murchr wrote:hisah wrote:mlennyma wrote:hisah wrote:murchr wrote:NSE20 might hit 4000 next week BAT, KEGN, BRIT and ARM pulled the NSE20 to close at 4010. so ?what's next Nothing special. I was just pointing it out to @murchr. Its my psychological mark of optimism. I will be collecting gems. And what's with Kengen? It's trying to base out. Heavy volume came in Jan and Feb at around 5.50 - 6.50 level and the reversal started. If it were not for the huge rights issue overhang I'd have started accumulating. On TA it's now approaching tough resistance zone between 9 - 10 level. This level will likely reject the bulls. Manipulation to have a better rights price so as to reach the cash target. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Boris Boyka wrote:hisah wrote:murchr wrote:hisah wrote:mlennyma wrote:hisah wrote:murchr wrote:NSE20 might hit 4000 next week BAT, KEGN, BRIT and ARM pulled the NSE20 to close at 4010. so ?what's next Nothing special. I was just pointing it out to @murchr. Its my psychological mark of optimism. I will be collecting gems. And what's with Kengen? It's trying to base out. Heavy volume came in Jan and Feb at around 5.50 - 6.50 level and the reversal started. If it were not for the huge rights issue overhang I'd have started accumulating. On TA it's now approaching tough resistance zone between 9 - 10 level. This level will likely reject the bulls. Manipulation to have a better rights price so as to reach the cash target. if it were not for the rights, it could be trading not less than 18bob in a bear "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Alot of red when i thought the break to 4000 holds water,this rain is relentless "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:Alot of red when i thought the break to 4000 holds water,this rain is relentless The entire economy is very liquid expect a rebound anytime from now! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Spikes wrote:mlennyma wrote:Alot of red when i thought the break to 4000 holds water,this rain is relentless The entire economy is very liquid expect a rebound anytime from now! It should hit sub-4000! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Impunity wrote:Spikes wrote:mlennyma wrote:Alot of red when i thought the break to 4000 holds water,this rain is relentless The entire economy is very liquid expect a rebound anytime from now! It should hit sub-4000! we are already sub 4k "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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Impunity wrote:Spikes wrote:mlennyma wrote:Alot of red when i thought the break to 4000 holds water,this rain is relentless The entire economy is very liquid expect a rebound anytime from now! It should hit sub-4000! Yesterday it hit sub 4000. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Has the bear returned to the woods? I have been seeing green especially on insurance stocks? Are we out of the bear?...actually the question should be...is the bull around the corner? Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Fyatu wrote:Has the bear returned to the woods? I have been seeing green especially on insurance stocks? Are we out of the bear?...actually the question should be...is the bull around the corner? the 91 t-bill is at a mere 8.5 !!!!where are people putting their money? ?? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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mlennyma wrote:Fyatu wrote:Has the bear returned to the woods? I have been seeing green especially on insurance stocks? Are we out of the bear?...actually the question should be...is the bull around the corner? the 91 t-bill is at a mere 8.5 !!!!where are people putting their money? ?? Obviously in stocks...or broti's Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Not yet  Safaricom keeps going "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Fyatu wrote:mlennyma wrote:Fyatu wrote:Has the bear returned to the woods? I have been seeing green especially on insurance stocks? Are we out of the bear?...actually the question should be...is the bull around the corner? the 91 t-bill is at a mere 8.5 !!!!where are people putting their money? ?? Obviously in stocks...or broti's The volumes on stocks are very minimal...not like the good times.   possunt quia posse videntur
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Very good summary over there @maka. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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murchr wrote:Very good summary over there @maka. Asate sana...I think with lower foreign participation,the market would be dead as a dodo... possunt quia posse videntur
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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maka wrote:murchr wrote:Very good summary over there @maka. Asate sana...I think with lower foreign participation,the market would be dead as a dodo... True, if Safaricoms 8.3M shares is 53% of the activity, then that speaks volume "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:maka wrote:murchr wrote:Very good summary over there @maka. Asate sana...I think with lower foreign participation,the market would be dead as a dodo... True, if Safaricoms 8.3M shares is 53% of the activity, then that speaks volume Have the brokers stopped issuing buy recommendations? Read post 1.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
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dunkang wrote:FUNKY wrote:Carbacid at 111/- today i consider it very cheap. It's a really good buy right now. Actually, someone has just scooped it at 110. I tried 3 times to pick it at 121 (4weeks ago) but zote i missed. Labda ni mungu hataki au ananiwekea ninyakue zikiwa 100. Just like Kapchorua, i scooped it at 103, now its at 133, but they are difficult to sell, those agrics are bad! They need to be bought in hundreds not thousands! WHAT IS THE PRICE EVEN AS AT NOW. I HOPE YOU DID NOT SINK OR EITHER YOU JUMPED AT 80'S TO 40'S Watch and Listen and Live
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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hisah wrote:murchr wrote:maka wrote:murchr wrote:Very good summary over there @maka. Asate sana...I think with lower foreign participation,the market would be dead as a dodo... True, if Safaricoms 8.3M shares is 53% of the activity, then that speaks volume Have the brokers stopped issuing buy recommendations? Read post 1.
I plugged the post as below and yes on no.2 Scom is now a darling and dominating albeit on a bullish scale. hisah on Jul 2011 wrote:That is to say, how to know that the bear is about to go into hibernation after having its fill.
1. When all the media both print and TV don't bother reporting anything on the business news.
2. When media & wanjiku concentrate on the bearish bluechips especially KQ, Safcom, Equity and EABL.
3. When politics hits fever pitch.
Then and only then, start getting in slowly... And watch the volume spikes start to build up as the smart money buys the fear and blood on the streets...
However, if we get another GFC and the whole world feels like it is ending, wait for the Fed banks signal to re-inflate aka print the dollars like a wild hog. This should work out like March 2009... Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Guys, i know what most of you are feeling....like shares will continue to sink forever so you are afraid to buy, right? Well, fear not. Let's not forget the NSE 20 is at 3,500 points. 3,500! The NSE 20 was at 5400 less than 2 years ago, lets not forget that. In the previous bear market of 2011 it hit a low of about 3100. In 2008/9 it hit about 2800. If this is not the bottom it's not very far. It may take long it terms of time but in terms of further sinking we can't expect say another 50% drop. But buying has to be selective. Take the leap of faith and buy your undervalued stocks. The only time this feeling will go away is when it's clear to everyone that we found a bottom a while back and by then it might be too late or u will have missed some good low entry points. #bear survival tactics The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Aguytrying wrote:Guys, i know what most of you are feeling....like shares will continue to sink forever so you are afraid to buy, right?
Well, fear not. Let's not forget the NSE 20 is at 3,500 points. 3,500! The NSE 20 was at 5400 less than 2 years ago, lets not forget that. In the previous bear market of 2011 it hit a low of about 3100. In 2008/9 it hit about 2800. If this is not the bottom it's not very far. It may take long it terms of time but in terms of further sinking we can't expect say another 50% drop.
But buying has to be selective. Take the leap of faith and buy your undervalued stocks.
The only time this feeling will go away is when it's clear to everyone that we found a bottom a while back and by then it might be too late or u will have missed some good low entry points.
#bear survival tactics It hit 2360 during the GFC. I am expecting a 50% drop from current levels...but that is no reason not to buy. Everyone has his/her own style and that is what as investors we should be refining/focusing on coz bottom fishing is not a science. Besides, all stocks wont hit the bottom at the same time. Choose your battles wisely. The main purpose of the stock market is to make fools of as many people as possible.
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