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Elliott Wave Analysis Of The NSE 20
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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NSE20 silently pops above 3200. The real test will be 3500 where it fell from the cliff to the low at 3123. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
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hisah wrote:NSE20 silently pops above 3200. The real test will be 3500 where it fell from the cliff to the low at 3123. Graham's law now in effect
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Global Financial crisis is back! The disappointing thing is that if you don't follow Elliott Waves then you don't know the precarious situation you may be in. Next week the markets go haywire! Just got this email from Elliott Wave International www.elliottwave.com: Quote: Matthew,
As I'm writing this, the Dow's down 342 points. Bonds, oil, U.S dollar -- just about every key market is going haywire.
On Wednesday night, our Short Term Update subscribers were prepared for this rout -- thanks to this comment by the editor, Steve Hochberg:
"The stock market appears to be at a key short term juncture.
"If a broad decline is at hand... it must start immediately."
This means that next week, things probably won't go back to the peace-and-quiet we saw this summer.
This is your market "wake-up call."
Today's 320-point sell-off marks the start of the traditionally volatile season.
But you don't need to wait until the market's next move rattles your nerves.
Today, right now, you can join an educated minority of investors who are prepared. Prepared to capitalize on what's next -- or prepared to get out of the way.
Right now, the worst thing you can do is -- nothing. 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: 1/3/2014 Posts: 257
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mnandii wrote:Global Financial crisis is back! The disappointing thing is that if you don't follow Elliott Waves then you don't know the precarious situation you may be in. Next week the markets go haywire! Just got this email from Elliott Wave International www.elliottwave.com: Quote: Matthew,
As I'm writing this, the Dow's down 342 points. Bonds, oil, U.S dollar -- just about every key market is going haywire.
On Wednesday night, our Short Term Update subscribers were prepared for this rout -- thanks to this comment by the editor, Steve Hochberg:
"The stock market appears to be at a key short term juncture.
"If a broad decline is at hand... it must start immediately."
This means that next week, things probably won't go back to the peace-and-quiet we saw this summer.
This is your market "wake-up call."
Today's 320-point sell-off marks the start of the traditionally volatile season.
But you don't need to wait until the market's next move rattles your nerves.
Today, right now, you can join an educated minority of investors who are prepared. Prepared to capitalize on what's next -- or prepared to get out of the way.
Right now, the worst thing you can do is -- nothing. With interest rates declining is it not a sign that the bottom for stocks is nigh?
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Rank: Elder Joined: 12/4/2009 Posts: 10,703 Location: NAIROBI
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Global stocks sell off continuing today from where they left on Friday. Oil prices down, dollar up as investors bett on upcoming USA interest rates hike 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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mnandii wrote:mnandii wrote:A Socionomic View of AccidentsAt market tops (the height of positive social mood) flying is safer while driving is dangerous. The elevated social mood creates feelings of inclusionism. Flying requires joint effort with different teams working together to make the event a success. Thus enough attention is directed at safety. The elevated social mood creates optimism. Optimistic drivers over-speed thus leading to accidents. ................................................. In bear markets, social mood is depressed creating feelings of exclusionism (people pulling in different directions). Thus, for flights, this pulling apart precludes paying enough attention to safety measures hence aviation accidents. Depressed people do not over-speed thus fewer vehicular accidents in a bear market. Therefore, as this bear matures, ensure you limit frequency of your flying and embark on driving more.  Post 1036 on October 15th, 2015 Light aircraft crashes in NgonglinkConventional 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: Veteran Joined: 8/28/2015 Posts: 1,247
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snipermnoma wrote:mnandii wrote:Global Financial crisis is back! The disappointing thing is that if you don't follow Elliott Waves then you don't know the precarious situation you may be in. Next week the markets go haywire! Just got this email from Elliott Wave International www.elliottwave.com: Quote: Matthew,
As I'm writing this, the Dow's down 342 points. Bonds, oil, U.S dollar -- just about every key market is going haywire.
On Wednesday night, our Short Term Update subscribers were prepared for this rout -- thanks to this comment by the editor, Steve Hochberg:
"The stock market appears to be at a key short term juncture.
"If a broad decline is at hand... it must start immediately."
This means that next week, things probably won't go back to the peace-and-quiet we saw this summer.
This is your market "wake-up call."
Today's 320-point sell-off marks the start of the traditionally volatile season.
But you don't need to wait until the market's next move rattles your nerves.
Today, right now, you can join an educated minority of investors who are prepared. Prepared to capitalize on what's next -- or prepared to get out of the way.
Right now, the worst thing you can do is -- nothing. With interest rates declining is it not a sign that the bottom for stocks is nigh? unlikely. banks dominates NSE trades and banks under a tight corner leaves NSE majority counters exposed. banks are joined at the hip with t/bills and bonds and systematically obeying the weight under gravity law. as risk averse investors minimise their exposure in banks a few other less risky stocks are likely to exhibit bullish behaviour but all in all NSE currently is exposed and capital flight may dull any possibility of bullish signs. keenly watching. hope eject and dive buttons are well tuned to respond ASAP TO the violent sideways swings expected. Not blinking. I need a stronger substance now than before. ,Behold, a sower went forth to sow;....
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Rank: Member Joined: 8/17/2007 Posts: 294
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[/quote] With interest rates declining is it not a sign that the bottom for stocks is nigh? [/quote] That's an interesting point...no one has seen that angle yet. stock market performance and interest rates have an inverse relationship. when bonds hit 7% money will chase equities. except bank stocks of course 
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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With interest rates declining is it not a sign that the bottom for stocks is nigh? [/quote] That's an interesting point...no one has seen that angle yet. stock market performance and interest rates have an inverse relationship. when bonds hit 7% money will chase equities. except bank stocks of course [/quote] Bonds are not hitting 7% any time soon...we have a long way to go...if I can get a 10 year paper at 13.8% levels,then tuko mbali possunt quia posse videntur
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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maka wrote:With interest rates declining is it not a sign that the bottom for stocks is nigh? That's an interesting point...no one has seen that angle yet. stock market performance and interest rates have an inverse relationship. when bonds hit 7% money will chase equities. except bank stocks of course [/quote] Bonds are not hitting 7% any time soon...we have a long way to go...if I can get a 10 year paper at 13.8% levels,then tuko mbali  Those relationships work until they STOP! What I mean is that it is not reliable. 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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S & P 400 The Real Reason Stocks Just Turned VolatileIt pays to familiarize yourself with classic Elliott wave chart formations linkConventional 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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As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. 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: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! 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: 13,568 Location: nairobi
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Spikes wrote:sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! Nigeria officially in recession.. Good news for NSE
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/21/2010 Posts: 6,185 Location: nairobi
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obiero wrote:Spikes wrote:sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! Nigeria officially in recession.. Good news for NSE over relying on crude revenue we may be making noise but our economy is more diversified "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
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mlennyma wrote:obiero wrote:Spikes wrote:sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! Nigeria officially in recession.. Good news for NSE over relying on crude revenue we may be making noise but our economy is more diversified True. Boko Haram has also not helped.. Plus SA is also on the way down. Kenya is on the way up!
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: New-farer Joined: 9/12/2014 Posts: 31
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obiero wrote:Spikes wrote:sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! Nigeria officially in recession.. Good news for NSE It all depends whether you are in the market as a trader, speculator or a long term investor. For a long term investor I think the future outlook of a company based on its economic moat is enough to guide your investment behavior; buy less when prices go up, buy more when prices dip as is happening now. Low index levels (NASI, N20I, N25I etc.) do not mean the end of the market; they never have and never will. The market always resuscitates from the bottom and heads north again...and nobody knows where the bottom lies.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,597
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mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. When the Jaws of Death pattern closes on the dow jones it moves all the way to 6000 which is the lower jaw line. NSE front-running
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:hisah wrote:NSE20 silently pops above 3200. The real test will be 3500 where it fell from the cliff to the low at 3123. Graham's law now in effect this not free market. its moderately regulated n may most likely not obey the law. ,Behold, a sower went forth to sow;....
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