wazua Sun, May 17, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages<12
Market slow down! or up!
Options
Previous Topic · Next Topic
tonicasert
#11 Posted : Wednesday, July 15, 2009 8:39:00 AM
Rank: Member

Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
As mentioned in other discussions,NSE lags the global equity markets. Lately global markets have been tumbling,so this was highly expected.
Back to top
  |
stocksguru
#12 Posted : Wednesday, July 15, 2009 11:32:00 PM
Rank: Member

Joined: 4/19/2007
Posts: 68
Seems like things are picking up again. I anticipate another run that guys could ride on... http://live.mystocks.co....adx,macd,rsi,dual;linked
Back to top
  |
Iborian
#13 Posted : Thursday, July 16, 2009 9:02:00 AM
Rank: Member

Joined: 4/17/2009
Posts: 194
Good call guys! The market has quietly turned around. Greens outnumber reds by a factor of 4:1 and shares are getting scarce. Managed to pick some CoopBank yesterday at 9.00 and others today upto 9.35. I am already in the money as at the latest prices and I expect the price to pick up further as we approach 2nd Qtr results.

'When you do not know a thing,admit that you do not know it. This is knowledge' - Confucius
Back to top
  |
Iborian
#14 Posted : Thursday, July 16, 2009 9:35:00 AM
Rank: Member

Joined: 4/17/2009
Posts: 194
After going down for the last few sessions,prices on most NSE counters are looking up this morning with demand on most counters exceeding supply. It appears the jitters arising from the envelope are receding. Moreover results season will soon be upon us and this normally tends to move prices upwards on speculation over the results,before their release. Old Mutual's projection of a 3.2% growth in the economy also seems to be adding some fuel to the fire.

'When you do not know a thing,admit that you do not know it. This is knowledge' - Confucius
Back to top
  |
Renegade
#15 Posted : Thursday, July 16, 2009 11:26:00 AM
Rank: Member

Joined: 4/18/2009
Posts: 118
@Iborian,1 swallow does not make a summer. Baado nangoja!
Back to top
  |
Kave
#16 Posted : Thursday, July 16, 2009 12:07:00 PM
Rank: Member

Joined: 6/25/2009
Posts: 15
NSE imekuwa soko ya njioni,most counters have shown northward movement in the afternoon! May be coz the envelop was not opened at noon as was anticipated - my guess!!!
Back to top
  |
FundamentAli
#17 Posted : Thursday, July 16, 2009 12:19:00 PM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
Kenyans are profit oriented. They easily forget such as the envelop vey quickly. The maximum period such a thing can affect the market is two weeks at most from observation.

I do not agree that there are jitters.


Fundamentals + Sentiments = Position
Back to top
  |
ecstacy
#18 Posted : Thursday, July 16, 2009 5:07:00 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
patience will pay...watch the trees and not the forest...
Back to top
  |
2 Pages<12
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.