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The N.S.E points to 27xx in the next round of selling
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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the deal wrote:hisah wrote:A snapshot of the 1yr trending channel.  I'm bullish 3700 by year end. WOW . okay . lets first break 3330 before we even consider a bull market . then the trendline (upper) then it'll be safe to call for a bull...still i DONOT see where the volumes will come from...
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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the deal wrote:Aguytrying wrote:The deal, marketing at its finest. What exactly do you mean by this?
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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QW25081985 wrote:the second chart basically just shows the resistance level at 3300 and the index is already there !!!!!!! coincidentally the 3330 level is the 23% fib retracement level from the drop from 3500 to 3050 level ..LOL .. what more downtrend indication do you want
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@qw The chart you have drawn above shows a full cycle..it has the impulse wave (2010 rally) and its correction (2011 bear run)...I think we are at the bottom...2011 capitulation can not be followed by more capitulation...WE ARE AT THE BOTTOM...take that to the bank  
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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the deal wrote:Aguytrying wrote:The deal, marketing at its finest. What exactly do you mean by this? your signature points to your website, clever The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Some of the demand volume i'm seeing today reminds of last year early jan when we had that rally. Nb: observation not prediction. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Bellweather Safaricom takes charge from the archives http://www.contrarianinv...-the-bellweathers
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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well its certainly moving on its own direction, crazy demand. time will tell. Like the " prayer and fasting" The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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No doubt boosted by the recent CCK data... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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youcan'tstopusnow wrote:No doubt boosted by the recent CCK data... I think the CCK data is not that material i.e it covers the period up September and Safcom's Half year runs up to September so nothing new since Safcom has already announced their half year,I expect them to be shedding more market share since that price hike
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Aguytrying wrote:well its certainly moving on its own direction, crazy demand. time will tell. Like the " prayer and fasting" If people are rushing to buy a stock that announce a 47% drop in profits...what about the rest
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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the deal wrote:Aguytrying wrote:well its certainly moving on its own direction, crazy demand. time will tell. Like the " prayer and fasting" If people are rushing to buy a stock that announce a 47% drop in profits...what about the rest True. however the volumes aint coming in despite the massive demand. so far 0.62M shares traded. lets see how it pans out. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Then buyers will be forced to up their bids, ama? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Safcom has to be amongst the best Inflation Reversal plays on the NSE currently especially Voice in the sense that the Tariffs were revised upwards and inflation is expected to continue easing...the money will be made in that divergence ;-)
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:Safcom has to be amongst the best Inflation Reversal plays on the NSE currently especially Voice in the sense that the Tariffs were revised upwards and inflation is expected to continue easing...the money will be made in that divergence ;-) The only head wind is a tariff war on Data..apart from that, they should make money Jan-Sept '12
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