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Baby steps of a bull
Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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For the last 3 weeks,the market has shown signs of a bull, the question is is this for real, is it value trap for some shares, my feeling is we may have bottomed at 2760
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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bartum wrote:For the last 3 weeks,the market has shown signs of a bull, the question is is this for real, is it value trap for some shares, my feeling is we may have bottomed at 2760 This is not a bull it's a calf 
Bulls will show up when NSE20 has a breakout above 4000 handle!
We have a lot of resistance zones to contend with before the bulls can destroy the bears.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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bartum wrote:For the last 3 weeks,the market has shown signs of a bull, the question is is this for real, is it value trap for some shares, my feeling is we may have bottomed at 2760 I have also noticed signs of March 2013 Metasploit on #2729 Posted : Tuesday, March 19, 2013 8:00:29 AM wrote: Buses now departing the stage.. kazee wrote:dunkang wrote:kazee wrote:hisah wrote:dunkang wrote:And Jubilee has decided to wear its own uniform. RED The insurance buses are reversing back to the stage after realizing they left a lot of stranded passengers Those wanjikus that boarded the buses while on full speed sustained injuries.
For now the election petition is creating an interesting spin of events and charging up the insurance fear. I like this. Once that barrier is cleared, the buses become rockets for good... Stay tuned.
Demand is building up on most counters. The rally might reinvent itself at around tuesday/wednesday next week. FORGET! FORGET! FORGET! Until after the election petition is dealt with, don't look at the Market with a smile. @Dunkang, looks like I wasn't so wrong after all. streetwise wrote:I feel like i am in a flight with the aircraft out of control mala juu mala chini at high speed..beauty is its never touching ground yet. http://wazua.co.ke/forum...ts&t=13719&p=137"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: Veteran Joined: 9/18/2014 Posts: 1,127
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hisah wrote:bartum wrote:For the last 3 weeks,the market has shown signs of a bull, the question is is this for real, is it value trap for some shares, my feeling is we may have bottomed at 2760 This is not a bull it's a calf
Bulls will show up when NSE20 has a breakout above 4000 handle!
We have a lot of resistance zones to contend with before the bulls can destroy the bears. Just a bounce in my opinion then we resume the downtrend aiming at sub 2000. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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lochaz-index wrote:hisah wrote:bartum wrote:For the last 3 weeks,the market has shown signs of a bull, the question is is this for real, is it value trap for some shares, my feeling is we may have bottomed at 2760 This is not a bull it's a calf
Bulls will show up when NSE20 has a breakout above 4000 handle!
We have a lot of resistance zones to contend with before the bulls can destroy the bears. Just a bounce in my opinion then we resume the downtrend aiming at sub 2000. some stocks may have bottomed especially the major banks but the elections remain a thorn in the flesh.if the elections end well,all nse supply will be wiped out "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Experts here have on several occasions asserted that when the real bear bites, a posting drought will be witnessed here in Wazua Blue section. We are not there yet. The mini rally has much to do with the reporting season and guys taking positions on select counters for dividends. This situation will quickly reverse upon books closure and with teribble banks Q1 results checking in around May. 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: 7/21/2010 Posts: 6,183 Location: nairobi
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Gatheuzi wrote:Experts here have on several occasions asserted that when the real bear bites, a posting drought will be witnessed here in Wazua Blue section. We are not there yet. The mini rally has much to do with the reporting season and guys taking positions on select counters for dividends. This situation will quickly reverse upon books closure and with teribble banks Q1 results checking in around May. my last hopes of buying banks rests on a bad Q1 so help me God "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 11/13/2015 Posts: 1,596
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3089 that the point when NSE gets out the downward channel
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