Wazua
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How to tell NSE has bottomed out
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Huge demand for Equity with little supply GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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youcan'tstopusnow wrote:Huge demand for Equity with little supply 20 bob will surely print today,tomorrow. KCB too should do 17. All the global mkts are headed North today following a Euro deal on the Greece bailout plan. @SufficientlyP
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Sufficiently Philanga....thropic wrote:youcan'tstopusnow wrote:Huge demand for Equity with little supply 20 bob will surely print today,tomorrow. KCB too should do 17. All the global mkts are headed North today following a Euro deal on the Greece bailout plan. Yerp. Pointers North in the short term. On our end, keep these grenade prone Al Nugus away from the business districts.
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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i love this chart . i think i will fall in love w/ it . coz i just spotted a rounding bottom !!!!!!!!!!!!!!!!!!!!!! How bullish can it get...any ta in the house !!!!!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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QW, how is this for a statement: NSE 20-share index up 53.33 points to close at 3,381.90 points Equity turnover: KES 409.80 Million 75,257,200 shares traded GOD BLESS YOUR LIFE
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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youcan'tstopusnow wrote:QW, how is this for a statement:
NSE 20-share index up 53.33
points to close at
3,381.90 points
Equity turnover: KES 409.80 Million
75,257,200 shares
traded could this be santa clause rally in the making ???? i have been saying when mzungu is taking over 60% of activity in the nse ever so often there's something.we know resistance is at 3500 . so lets see how it unfolds.. That equity volume is a shocker....
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Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru
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There seems to be sort of rally. IMHO, I think its just market trying to correct itself after the players took very cautious position. With the Eurozone deal in the offing, I expect NSE 20 share index to remain at 3400 levels with a few teeter just around there. But again stock market is more about sentiments and less about logic. It may surprise us "..I am because we are. "― Ubuntu, Umtu,
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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I have learned there are two bottoms...the bottom we all know and the real bottom.50 plus points up signify a real bottom. "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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@QW,your Access is doing pretty well.noticed it dint have supply today and the better part of jana. You must be all smiles! @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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One of this days safcom will regret for not acquiring ak..when mtn or airtel will pick it. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mlennyma wrote:One of this days safcom will regret for not acquiring ak..when mtn or airtel will pick it. If all these firms have not made a move up to this point, what does that say...$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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Mtn acquired UUNET last year why would the acquire AK again?
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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there is no counter in the RED today.. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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@ Sober - CFC Bank is down by 4shs,Portland Cement is down by 4shs.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Tukae ngumu,i have counted 7 counters with 0 supply,and the sellers are demanding value for their stocks,the buyers dont believe the downside could be over so,tukae ngumu. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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i told you folks mzungu is buying like crazy !!!!!!! some of us are still sited at the bench . this bus will leave !!!!!
but too early to say !!!!!
@ mlenyam . 50 point up and good volume to boot...Santa clause/jan rally in the making ???
as for access kenya mambo bado !!!! am looking at 100% return before i even consider selling ...
lets see if the 3500 mark will be taken out
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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@qw on ak. i agree niko nawe,this market will ambush like jesus will ambush sinners..banks supply has diminished. "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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Time to gain! Please also remember there is a harvesting season that follows the planting one! Now,smart guys have the understanding of times,of seasons! @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Can somebody confirm its a bull i take it by its horns?63pts lastly seen longtime ago. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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This is what traders live for, The T.A analysts out there. what do you make of the 2.0% gain today. Co-inciding with the EU deal. The investor's chief problem - and even his worst enemy - is likely to be himself
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How to tell NSE has bottomed out
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