wazua Thu, Mar 26, 2026
Welcome Guest Search | Active Topics | Log In

25 Pages<12345>»
How to tell NSE has topped/Maxed out.
dunkang
#21 Posted : Wednesday, September 24, 2014 5:51:57 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
These P/Ex, P/Bx and NAV things are not relevant any more. That is a fact all wazuans must accept. So, do we sit on the sideline and watch as rookies make money? Absolutely NO!

We still can squeeze some money out of this madness (but i'd rather call it "New Trend"). Pesa ni Pesa, au sio?



Receive with simplicity everything that happens to you.” ― Rashi

hisah
#22 Posted : Wednesday, September 24, 2014 7:11:00 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Admin should pin this thread.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
whiteowl
#23 Posted : Wednesday, September 24, 2014 7:23:35 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
dunkang wrote:
These P/Ex, P/Bx and NAV things are not relevant any more. That is a fact all wazuans must accept. So, do we sit on the sideline and watch as rookies make money? Absolutely NO!

We still can squeeze some money out of this madness (but i'd rather call it "New Trend"). Pesa ni Pesa, au sio?




Sawa bwana dunkang,twende kazi. pesa ni pesa. Just don't get slaughtered smile
Mainat
#24 Posted : Wednesday, September 24, 2014 7:41:26 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
The secret of riding on a bull is to be ready for when it slows down.
Sehemu ndio nyumba
dunkang
#25 Posted : Wednesday, September 24, 2014 9:18:49 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Mainat wrote:
The secret of riding on a bull is to be ready for when it slows down.

Very true. Applause Applause Applause
Lets make money. Lets stop being too pessimistic and MAKE MONEY.
Receive with simplicity everything that happens to you.” ― Rashi

mnandii
#26 Posted : Wednesday, September 24, 2014 10:57:54 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
hisah wrote:
I started the bottomed out thread on July 13, 2011 when the market was skidding with no brakes and felt endless.

You are on the right track about topping out if you read the bottomed out 1st post.

I have been bearish this market since Nov 2013 while the market has continued to meltup. I closely follow Mpesa bank and it has proved to be a reliable signal since its IPO debut. The likes of @mukiri has been throwing stones at me for being the party spoiler with my never appearing sizable market selloff. False prophesy etc smile

NSE20 has the buying climax symptoms across many counters. When crappy stocks (very small caps) rally on endless price gaps on small volume, the market has run out of quality picks!

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.
mnandii
#27 Posted : Wednesday, September 24, 2014 10:59:29 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
murchr wrote:
Am never the pessimist, but yesterday I logged into FB and the "Hallo questions" we see here were there in some group. Someone asked how they can join the NSE band wagon and they were advised to buy 200 shares of HAFR for just 900/- (cheap ha!) and sell later for a PROFIT. Another told them to take some small loan if they dont have enough saved..THIS IS THE TIME. Then it clicked on me that the pigs are now ripe for slaughter. Watching shares like KORCH with the manipulation, EXPR floating with a PE of 700, i believe there are lessons to be learnt. But Still, there are bargians

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.
Metasploit
#28 Posted : Wednesday, September 24, 2014 1:50:24 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
The trend says we are still bullish..for the short to medium term traders..

Buyers showing resiliency in Equity and KCB so far.Sellers getting exhausted early(equity seemed floored at 53 but patience is always a virtue until a definite trend change)

The pessimists predicted doom after safcom ex div but bulls looking forward to November results..

So the correction was meant to be shallow!

Looking for the bargains..

True the bear will come but until the trend changes we riding it

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Metasploit
#29 Posted : Wednesday, September 24, 2014 1:56:33 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
dunkang wrote:
Mainat wrote:
The secret of riding on a bull is to be ready for when it slows down.

Very true. Applause Applause Applause
Lets make money. Lets stop being too pessimistic and MAKE MONEY.


Applause Applause Applause Applause Applause Applause Applause Applause Applause

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
mkonomtupu
#30 Posted : Wednesday, September 24, 2014 2:11:18 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
I don't think the NSE has maxed out until we see the index above 7,000 which might happen, a lot of cash is moving from real estate to the nse. The key thing is to manage the down turn i.e. stop loss orders if the prices fall more than 15% sell. In my view the music will stop abruptly in the next two years via macro-economic instability(current account deficit) and external shocks(china). Till then it's a casino the secret to surviving is knowing what to throw away and knowing what to keep
25 Pages<12345>»
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.