Wazua
»
Investor
»
Stocks
»
Elliott Wave Analysis Of The NSE 20
Rank: Veteran Joined: 11/13/2015 Posts: 1,653
|
As you can see from the financial results coming through the current rally is misplaced. Lower profits, profit warnings, cooked books. Take your gains and entertain a bimbo
|
|
|
Rank: Elder Joined: 10/11/2006 Posts: 2,304
|
From Oct 1st 2015: mnandii wrote:Safaricom and Social MoodSummary: Safaricom is at a historic top (Thus the latest attacks on Dominance). Don't hold this stock through the bear market. But if you insist on being long then prepare to be under water for at least one half and two years (or more  ). Quote from Pioneering Studies in Socionomics pgs 158 -159.  Quote:
Direction of Causality
.....
The social mood shift that occurs at the transition from bull market to bear includes a change in general attitudes toward the financial success of others. Society moves from a feeling of support toward one of resentment.
During a bull market, the social mood is directed toward rewarding achievement; during a bear market, it is directed toward punishing it. The bear market mood begins to creep into collective thinking late in a bull market. Democratic governments are instruments of egalitarianism. At some point, their representatives cannot stand watching some companies succeed wildly more than most others. When the bull market reaches exhaustion, the old supportive mood begins to crumble, and the new punitive mood bursts forth. One result of this metamorphosis in social character is governmental attacks against highly successful enterprises. In fact, they typically start with a major attack against the most successful enterprise of the time.
Safaricom Named 'Best Managed Company' In KenyaCA moves to Hire Market Dominance ConsultantAirtel Threatens Kenya Exit Over Safaricom 'Dominance'Wangusi Backs Off Bid To Check Safaricom DominanceSafaricom Dominance Splits Uhuru's Ministers Safaricom: It's Like Punishing SuccessQuote:The telecommunication sector has witnessed rapid growth in the past two decades and promises to continue on that trajectory.
Liberalisation of the sector in the 1990s opened doors for many entrants, particularly, the mobile companies, and in 20 short years, Safaricom, the industry icon, grew to become the most profitable and successful company in the region.
However, Safaricom is now being targeted.
A report by a consultancy, Analysys Mason, which was commissioned by the regulator, Communications Authority of Kenya (CA), seeks to compel the firm to segment its businesses, with the argument that as currently constituted, it operates like a monopoly.
If the recommendations are adopted, Safaricom will have to hive off its successful M-Pesa business and let it run as an independent entity outside the realms of mobile telephony.
Some of the observations and recommendations remind one of a socialist state where all the players in an industry have an obligation not to outshine one another.
It is a complete negation of the open market model we espouse and where product development and launch, as well as pricing, are determined by the forces of supply and demand. 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.
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
http://www.investopedia..../articles/02/022002.asp
THE ART OF SELLING A LOSING POSITION..
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
Do not overstay a good market. If you do, you are bound to overstay a bad one also.
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
Beware of all tips and inside information. Wait for the market's action to tell you if the information you've obtained is accurate, then take a position with the developing trend.
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
Metasploit wrote:Beware of all tips and inside information. Wait for the market's action to tell you if the information you've obtained is accurate, then take a position with the developing trend. Understandably this advice reduces exposure to risks of capital erosion. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
NSE20 closed the month @2994 after rallying 200 points (7.16%) from the open (February 1st) at 2794. The vicious fight between the bulls and bears will continue with focus being the 3000 handle which the market was not able to close above by end of February. FTSE NSE 15 index also bounced some just like NSE20, but it's bearish. Focus remains at 140 handle where the bounce triggered. If the month closes below 140 handle this will mean that lower lows are expected and bears are still in control. The usual suspects mpesa bank, eabl, kcb, equity and BAT will be involved again this month. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
|
hisah wrote:NSE20 closed the month @2994 after rallying 200 points (7.16%) from the open (February 1st) at 2794. The vicious fight between the bulls and bears will continue with focus being the 3000 handle which the market was not able to close above by end of February. FTSE NSE 15 index also bounced some just like NSE20, but it's bearish. Focus remains at 140 handle where the bounce triggered. If the month closes below 140 handle this will mean that lower lows are expected and bears are still in control.
The usual suspects mpesa bank, eabl, kcb, equity and BAT will be involved again this month. and today the market looked set for a further diarrhoea "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
mlennyma wrote:hisah wrote:NSE20 closed the month @2994 after rallying 200 points (7.16%) from the open (February 1st) at 2794. The vicious fight between the bulls and bears will continue with focus being the 3000 handle which the market was not able to close above by end of February. FTSE NSE 15 index also bounced some just like NSE20, but it's bearish. Focus remains at 140 handle where the bounce triggered. If the month closes below 140 handle this will mean that lower lows are expected and bears are still in control.
The usual suspects mpesa bank, eabl, kcb, equity and BAT will be involved again this month. and today the market looked set for a further diarrhoea March begins on the back foot. NSE20 closes down 0.95% at 2966. Still weak. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
hisah wrote:NSE20 closed the month @2994 after rallying 200 points (7.16%) from the open (February 1st) at 2794. The vicious fight between the bulls and bears will continue with focus being the 3000 handle which the market was not able to close above by end of February. FTSE NSE 15 index also bounced some just like NSE20, but it's bearish. Focus remains at 140 handle where the bounce triggered. If the month closes below 140 handle this will mean that lower lows are expected and bears are still in control.
The usual suspects mpesa bank, eabl, kcb, equity and BAT will be involved again this month. The last phase of the bear is tailor made for safcom with a little help from BAT. Safcom heavily participated in the bull phase 2012-2014 and it even went counter-trend during the last two years of the bear run. No one escapes the grizzly unpunished. BAT has shed some weight although it still lagging the overall market during the downslide, another shaving to take it back to 2014 levels may await. EABL has also pulled a similar defensive action to BAT, so I would expect another shaving here. For the banks, I don't think the bear is done with them yet but value is slowly becoming conspicuous. The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Wazua
»
Investor
»
Stocks
»
Elliott Wave Analysis Of The NSE 20
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.
|