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Elliott Wave Analysis Of The NSE 20
streetwise
#1871 Posted : Friday, June 24, 2016 1:25:42 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
NSE will be just fine.

Remember NSE does not run on those analytics , it runs on speculation and at times insider information.

If you remember during the economic meltdown , I think was in 2008 that happened all over the world Kenya was just fine , question why ?.

For that same reason Kenya economy is likely to experience a positive upturn.

Sufficiently Philanga....thropic
#1872 Posted : Friday, June 24, 2016 1:38:59 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
streetwise wrote:
NSE will be just fine.

Remember NSE does not run on those analytics , it runs on speculation and at times insider information.

If you remember during the economic meltdown , I think was in 2008 that happened all over the world Kenya was just fine , question why ?.

For that same reason Kenya economy is likely to experience a positive upturn.



Sorry, we were not fineShame on you


@SufficientlyP
Spikes
#1873 Posted : Friday, June 24, 2016 1:41:40 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Metasploit wrote:
No tanking NSE..
No sell-off
No volumes...

No comparison to the GFC unless effects to trigger later..which i doubt



Kujipa moyo nayo! You are forgetting the fact that we are in bear run compounded as from today with global event, Brexit, likely to unleash financial earthquake due to investor uncertainty and panic. Even if it will be short run be prepared for haircut.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
wukan
#1874 Posted : Friday, June 24, 2016 1:47:37 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
Metasploit wrote:
No tanking NSE..
No sell-off
No volumes...

No comparison to the GFC unless effects to trigger later..which i doubt



NSE lags behind. It took 2 weeks after Lehman collapse for markets to register the effect. Pray Pray
lochaz-index
#1875 Posted : Friday, June 24, 2016 1:56:42 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Today it's all about volatility. Don't read too much into anything the market always takes care of itself. If you are up for the high octane up/downswings, then today is a gift.

The real impact will show up in due time and even the NSE wont escape the ramifications. There are some extremely bullish sentiments on safcom in this forum of late. Time will tell.

Meanwhile, most local metrics(NSE20,interbank rate,tbills/bonds,USDKES) which have been in a comatose for a while have had some movements either way...some entertainment at last. Wonder how Q2 GDP figures will look like with banks extending their Q1 slowdown. Treasury has some decisions to make on its expansionary budget.
The main purpose of the stock market is to make fools of as many people as possible.
murchr
#1876 Posted : Friday, June 24, 2016 2:23:51 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Cant wait to see how the US markets behave
"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
.
Spikes
#1877 Posted : Friday, June 24, 2016 3:17:51 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
murchr wrote:
Cant wait to see how the US markets behave



Sub 3700 points 20NSE index must be tested.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Sufficiently Philanga....thropic
#1878 Posted : Friday, June 24, 2016 4:42:20 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Spikes wrote:
murchr wrote:
Cant wait to see how the US markets behave



Sub 3700 points 20NSE index must be tested.


closed 6 points above(3706), having shed 38 points vs yesterday.
@SufficientlyP
murchr
#1879 Posted : Friday, June 24, 2016 10:30:25 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Sufficiently Philanga....thropic wrote:
Spikes wrote:
murchr wrote:
Cant wait to see how the US markets behave



Sub 3700 points 20NSE index must be tested.


closed 6 points above(3706), having shed 38 points vs yesterday.


Dow down 600+ points
"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
.
instinct
#1880 Posted : Sunday, June 26, 2016 9:14:28 PM
Rank: Member

Joined: 8/17/2007
Posts: 294
murchr wrote:
Sufficiently Philanga....thropic wrote:
Spikes wrote:
murchr wrote:
Cant wait to see how the US markets behave



Sub 3700 points 20NSE index must be tested.


closed 6 points above(3706), having shed 38 points vs yesterday.


Dow down 600+ points


Which way mr market tomorrow?
372 Pages«<186187188189190>»
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