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Elliott Wave Analysis Of The NSE 20
Rank: Member Joined: 8/17/2007 Posts: 294
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23 Nations Around The World Where Stock Market Crashes Are Already Happening http://www.zerohedge.com...p;action_ref_map=%5B%5D
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Kenya iko kwa list........ how? Guy is not serious!!! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Othelo wrote:Kenya iko kwa list........ how? Guy is not serious!!! When NSE20 closed at 4317 it was down 27.3% from the year high of 5499.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Equity trades 81.9M shares with a turnover 3.28B. KCB, Eqty, Mpesa bank, BAT and EABL have all traded jumbo volume as NSE20 hit the bunker. If 4317 doesn't break down on the next selloff, that will be one solid support zone for the next bullish run. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi
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hisah wrote:Equity trades 81.9M shares with a turnover 3.28B. KCB, Eqty, Mpesa bank, BAT and EABL have all traded jumbo volume as NSE20 hit the bunker.
If 4317 doesn't break down on the next selloff, that will be one solid support zone for the next bullish run. Agreed. Not even mbesha with all her weight could save this boat today. Now imagine the dive when mbesha herself starts to leak. But if it doesn't happen, then the support is strong.
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Rank: Member Joined: 8/17/2007 Posts: 294
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Stock Market in Kenya averaged 4707.16 Index points from 2010 until 2015, reaching an all time high of 5499.64 Index points in March of 2015 and a record low of 3103.04 Index points in December of 2011
Are we in another 2011 and 3000 is where we're headed?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:Equity trades 81.9M shares with a turnover 3.28B. KCB, Eqty, Mpesa bank, BAT and EABL have all traded jumbo volume as NSE20 hit the bunker.
If 4317 doesn't break down on the next selloff, that will be one solid support zone for the next bullish run. This correction was getting boring. Seems were headed down for the last ride( undertaker) The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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“When the alarm goes off and the dreamers awake, it will be pandemonium in the stock market.” -- Bob Prechter, from the just-released Elliott Wave Theorist. Read more: http://www.elliottwave.c...lide.aspx#ixzz3jQMuDcYO Follow us: @elliottwaveintl on Twitter | ElliottWaveInternational on Facebook 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.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:hisah wrote:Equity trades 81.9M shares with a turnover 3.28B. KCB, Eqty, Mpesa bank, BAT and EABL have all traded jumbo volume as NSE20 hit the bunker.
If 4317 doesn't break down on the next selloff, that will be one solid support zone for the next bullish run. This correction was getting boring. Seems were headed down for the last ride( undertaker) By the time FY results will be flowing. I expect NSE20 to slide one more time to factor in those profit warnings which will have become realized.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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hisah wrote:Aguytrying wrote:hisah wrote:Equity trades 81.9M shares with a turnover 3.28B. KCB, Eqty, Mpesa bank, BAT and EABL have all traded jumbo volume as NSE20 hit the bunker.
If 4317 doesn't break down on the next selloff, that will be one solid support zone for the next bullish run. This correction was getting boring. Seems were headed down for the last ride( undertaker) By the time FY results will be flowing. I expect NSE20 to slide one more time to factor in those profit warnings which will have become realized. So recovery any time soon is a pipe dream
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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heri wrote:hisah wrote:Aguytrying wrote:hisah wrote:Equity trades 81.9M shares with a turnover 3.28B. KCB, Eqty, Mpesa bank, BAT and EABL have all traded jumbo volume as NSE20 hit the bunker.
If 4317 doesn't break down on the next selloff, that will be one solid support zone for the next bullish run. This correction was getting boring. Seems were headed down for the last ride( undertaker) By the time FY results will be flowing. I expect NSE20 to slide one more time to factor in those profit warnings which will have become realized. So recovery any time soon is a pipe dream we are heading to the slow market activity months of the year and 2015 is tough indeed. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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The rout continues, as expected. Scom back to sub 15, Equity headed to sub 40s before market close. All this thanks to the global markets sell off particularly the Dow 358 point shave yesterday. All 2015 gains down the drain  NSE most likely to be affected by a further KES slide, and a bearish CBK. @SufficientlyP
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sufficiently Philanga....thropic wrote:The rout continues, as expected. Scom back to sub 15, Equity headed to sub 40s before market close. All this thanks to the global markets sell off particularly the Dow 358 point shave yesterday. All 2015 gains down the drain NSE most likely to be affected by a further KES slide, and a bearish CBK. The billions flipping in equity counter is quite eye popping the last few weeks! Heavy weight action.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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China is causing jitters...Shangai index is down 4% in a day. NASDAQ will def go down more points today "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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hisah wrote:Othelo wrote:Kenya iko kwa list........ how? Guy is not serious!!! When NSE20 closed at 4317 it was down 27.3% from the year high of 5499. The decline from 5499 to 4317 is 21.49%. Loss is a margin while profit is a markup. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Sufficiently Philanga....thropic wrote:The rout continues, as expected. Scom back to sub 15, Equity headed to sub 40s before market close. All this thanks to the global markets sell off particularly the Dow 358 point shave yesterday. All 2015 gains down the drain NSE most likely to be affected by a further KES slide, and a bearish CBK. Yesterday the DAX didn't have a single stock with a gain. US stocks are catching a cold coming off the all time highs. The global economy is walking on very thin ice. Unfortunately, so many negative factors are colluding to forment a serious rout globally in almost all asset classes from equities to currencies to bonds to commodities and real estate. A world wide race to the pits will horrific to watch. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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lochaz-index wrote:hisah wrote:Othelo wrote:Kenya iko kwa list........ how? Guy is not serious!!! When NSE20 closed at 4317 it was down 27.3% from the year high of 5499. The decline from 5499 to 4317 is 21.49%. Loss is a margin while profit is a markup. True. I got the math messed up.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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lochaz-index wrote:Sufficiently Philanga....thropic wrote:The rout continues, as expected. Scom back to sub 15, Equity headed to sub 40s before market close. All this thanks to the global markets sell off particularly the Dow 358 point shave yesterday. All 2015 gains down the drain NSE most likely to be affected by a further KES slide, and a bearish CBK. Yesterday the DAX didn't have a single stock with a gain. US stocks are catching a cold coming off the all time highs. The global economy is walking on very thin ice. Unfortunately, so many negative factors are colluding to forment a serious rout globally in almost all asset classes from equities to currencies to bonds to commodities and real estate. A world wide race to the pits will horrific to watch. Last yr oil and gold selloff signalled something was not ok as USD mounted a sizable rally. Then came the swiss franc euro peg break away in Jan. Then Greece default that wasn't a default! But since BRICs bank went live on July 9, things have started tanking everywhere?!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 10/1/2007 Posts: 232
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Rank: Elder Joined: 12/6/2008 Posts: 3,548
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Will it be a black Monday? A New Kenya
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Elliott Wave Analysis Of The NSE 20
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