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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 10/11/2006 Posts: 2,304
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We have maintained that the NSE 20 share index should fall below 1900 [targets down lie at 1700 or below]. Seems there's a small triangle formation at about 1950s before the downtrend resumes 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: 12/7/2012 Posts: 11,908
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VituVingiSana wrote:mnandii wrote:I believe my bullish forecast on KQ has worked wonders. And most people are quite surprised by the recent rise despite KQ posting major losses. All we had to do to catch a bottom was to count ABC! See, quite easy. Now the small Downward retracement is making people jittery, some will even sell at a loss. I say, stay PUT. See how strong the turn UP for KQ was? I expect it to rise further UP. When (If) it moves above Ksh 5.50 then our bullishness will even be more firmed. KQ will likely defy the rest of the market and rise above Ksh 13.00. On the other hand, a disclaimer is necessary. If KQ falls below Ksh 0.829 then we'll have to abandon this forecast. THIS however, judging by the structure of the recent rise and the Elliott Wave counts, is a remote possibility. CONCLUSION: Do not sell KQ. Buy more. This is another forecast to be marked. "Rise above 13/-" Forget 13/-, let's wait for 5.50 In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Angelica _ann wrote:VituVingiSana wrote:mnandii wrote:I believe my bullish forecast on KQ has worked wonders. And most people are quite surprised by the recent rise despite KQ posting major losses. All we had to do to catch a bottom was to count ABC! See, quite easy. Now the small Downward retracement is making people jittery, some will even sell at a loss. I say, stay PUT. See how strong the turn UP for KQ was? I expect it to rise further UP. When (If) it moves above Ksh 5.50 then our bullishness will even be more firmed. KQ will likely defy the rest of the market and rise above Ksh 13.00. On the other hand, a disclaimer is necessary. If KQ falls below Ksh 0.829 then we'll have to abandon this forecast. THIS however, judging by the structure of the recent rise and the Elliott Wave counts, is a remote possibility. CONCLUSION: Do not sell KQ. Buy more. This is another forecast to be marked. "Rise above 13/-" Forget 13/-, let's wait for 5.50 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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Been waiting for that move down in Safaricom which many have never believed possible. Well, its started. Expect quick moves below 24.00 toward 14.00 bob soon. 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: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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mnandii wrote:Been waiting for that move down in Safaricom which many have never believed possible. Well, its started. Expect quick moves below 24.00 toward 14.00 bob soon. 14/-? In 2020? Bring it on!!! I will sell some of my shares to buy Saf at 14 in 2020. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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VituVingiSana wrote:mnandii wrote:Been waiting for that move down in Safaricom which many have never believed possible. Well, its started. Expect quick moves below 24.00 toward 14.00 bob soon. 14/-? In 2020? Bring it on!!! I will sell some of my shares to buy Saf at 14 in 2020. 'we'are waiting In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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@AA I see you aren't buying into these waves either. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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VituVingiSana wrote:mnandii wrote:Been waiting for that move down in Safaricom which many have never believed possible. Well, its started. Expect quick moves below 24.00 toward 14.00 bob soon. 14/-? In 2020? Bring it on!!! I will sell some of my shares to buy Saf at 14 in 2020. 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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Angelica _ann wrote:VituVingiSana wrote:mnandii wrote:Been waiting for that move down in Safaricom which many have never believed possible. Well, its started. Expect quick moves below 24.00 toward 14.00 bob soon. 14/-? In 2020? Bring it on!!! I will sell some of my shares to buy Saf at 14 in 2020. 'we'are waiting Good 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: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Sufficiently Philanga....thropic wrote:Member flirting with March 2020 Corona lows while Mpesa Bank just topped and headed down. All this while the Dow as at a 3 month high with S&P 500 above 3k..INTERESTING!!! Been long coming. On member, March corona low of 32.15 taken out. @SufficientlyP
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:Member flirting with March 2020 Corona lows while Mpesa Bank just topped and headed down. All this while the Dow as at a 3 month high with S&P 500 above 3k..INTERESTING!!! Been long coming. On member, March corona low of 32.15 taken out. large supply @32 for member, 30 coming There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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VituVingiSana wrote:@AA I see you aren't buying into these waves either. They normally come true, though after some (serious) lag time. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Angelica _ann wrote:VituVingiSana wrote:mnandii wrote:Been waiting for that move down in Safaricom which many have never believed possible. Well, its started. Expect quick moves below 24.00 toward 14.00 bob soon. 14/-? In 2020? Bring it on!!! I will sell some of my shares to buy Saf at 14 in 2020. 'we'are waiting 💯💯 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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mnandii wrote:Been waiting for that move down in Safaricom which many have never believed possible. Well, its started. Expect quick moves below 24.00 toward 14.00 bob soon. Does this factor share price is currently trading at cum dividend. Or the drop to 14 will be when it goes ex dividend Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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sparkly wrote:Good analysis. I expect a move lower but not to the lows of 2576. @sparkly in 2014 linkToday we are below 1900. 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: Member Joined: 4/15/2008 Posts: 202
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Angelica _ann wrote:VituVingiSana wrote:@AA I see you aren't buying into these waves either. They normally come true, though after some (serious) lag time. So true, over time many non-specific predictions will come true. But to make money, accuracy is needed. Two predictions that @mnadii made on KPLC and EABL (KPLC to rise, EABL to fall), I wannna watch this if it will happen within the next 6 months. Do it today! Tomorrow is promise to no-one.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mufasa wrote:Angelica _ann wrote:VituVingiSana wrote:@AA I see you aren't buying into these waves either. They normally come true, though after some (serious) lag time. So true, over time many non-specific predictions will come true. But to make money, accuracy is needed. Two predictions that @mnadii made on KPLC and EABL (KPLC to rise, EABL to fall), I wannna watch this if it will happen within the next 6 months. My Elliott predictions are specific. Could you people even bother to just critically appraise the predictions in this thread? 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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Ericsson wrote:mnandii wrote:Been waiting for that move down in Safaricom which many have never believed possible. Well, its started. Expect quick moves below 24.00 toward 14.00 bob soon. Does this factor share price is currently trading at cum dividend. Or the drop to 14 will be when it goes ex dividend No. Mass psychology determines the direction of the share price. I've written alot about this within this thread. 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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littledove wrote:Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:Member flirting with March 2020 Corona lows while Mpesa Bank just topped and headed down. All this while the Dow as at a 3 month high with S&P 500 above 3k..INTERESTING!!! Been long coming. On member, March corona low of 32.15 taken out. large supply @32 for member, 30 coming 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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Angelica _ann wrote:VituVingiSana wrote:mnandii wrote:I believe my bullish forecast on KQ has worked wonders. And most people are quite surprised by the recent rise despite KQ posting major losses. All we had to do to catch a bottom was to count ABC! See, quite easy. Now the small Downward retracement is making people jittery, some will even sell at a loss. I say, stay PUT. See how strong the turn UP for KQ was? I expect it to rise further UP. When (If) it moves above Ksh 5.50 then our bullishness will even be more firmed. KQ will likely defy the rest of the market and rise above Ksh 13.00. On the other hand, a disclaimer is necessary. If KQ falls below Ksh 0.829 then we'll have to abandon this forecast. THIS however, judging by the structure of the recent rise and the Elliott Wave counts, is a remote possibility. CONCLUSION: Do not sell KQ. Buy more. This is another forecast to be marked. "Rise above 13/-" Forget 13/-, let's wait for 5.50 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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