I like this bear. Very systematic. Eabl belonged to a small band of stocks that have weathered the bear so far.

Equity and Kcb got downgraded in a huff. Eabl is the latest member to be tossed out of that party. Safcom, BAT and Jubilee are holding fort till their time in the cleaners arrives.

Watching keenly to see if the 3,000 level will be broken before the year is out.

And with Form 1s reporting in January second week;December holidays guys will be looking for school fees

1) This is an annual event so do these parents buy shares DURING the year which they sell off in Dec?
2) Wouldn't these shareholders have been cleaned out over the years? [The last mass market IPO was a while ago]

*There were large Rights Issues but the participation of the masses in KQ, KenGen, etc was low.

So, who is selling? Why?
foreigners are dominating activity and they don't pay fees

3195...and still bleeding. 9 counters gained today against many that lost. I think we are approaching rock bottom, but it sucks because this drop is due to the entire banking industry. I want to get discounts outside banking and insurance, but their prices are not falling. Hard to spot discounts outside banking, and I dont want uncertainties associated with that new caps law.

Anything below 3000 will be a huge blow to the market psyche. Most likely it would take us to sub 2000 with safcom being the most active participant bar none.

I do not think the banks have seen their worst yet.