Wazua
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The stock market has Bottomed
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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the deal wrote:hisah wrote:@deal - Are you counting the waves... Wave 5 likely to test 3900 - 4000 around August - Sept 2012 then the cool off till 2013 after the elections.  I wish you labelled those waves for the blind to see...I'm currently loading Insurance stocks...from PAI...JUB...CFCI....if you can't beat the market buy an insurance stock!!!
I can also spot your 5-yr observation. But to get beyond 4000 and test 4500 we need everyone in, not just foreigners. At the same time fundamentals must change overnight. How, I don't know... 
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@Hisah the NSE and the Shilling never move in one direction...the Shilling can't go to 100 and the NSE still goes to 4500...at this point I throw away the charts and start listening to fundamentals....
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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the deal wrote:@Hisah the NSE and the Shilling never move in one direction...the Shilling can't go to 100 and the NSE still goes to 4500...at this point I throw away the charts and start listening to fundamentals.... That's why I'm not excited about the rally. Either NSE goes up or the USDKES, but not both. And since the latter is likely to move up harder than NSE, I chose to stay sidelined. The KE fundamentals are still smolding. And mixed with euroland circus, that's one spiky cocktail.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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In the meantime
NSE has breached the 3700 mark to stand at 3,708.88. Has gained in nine straight trading sessions!!!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Cde Monomotapa wrote:Effective 1st June, KCB KE lowers base rate to 22% & KCB S&L (KE) to 19%. MPC meets in a fortnight. I doubt whether they will try such a stunt now that KES is already weakening
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mwekez@ji wrote:MPC meets in a fortnight. I doubt whether they will try such a stunt now that KES is already weakening If the shilling weakens above 95 with the CBR still @ 18% we will be in financial armagedon!!! Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Some of this South African cash is bound to find its way into Kenya soon http://www.dailytimes.co...m-ecobank-transnational
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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As you now appear to be on an NBK crusade, you are mandated to come up with a catch phrase for the said investnent ala KEKE! and LOAR! GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Since it is another SA capital expectation...then Vuvuzela!!
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Wazua
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The stock market has Bottomed
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