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directional forecast
Cornelius Vanderbilt
#571 Posted : Wednesday, February 01, 2017 10:55:49 AM
Rank: Member

Joined: 8/15/2015
Posts: 817
there's no better time to buy stocks that are declining because of other reasons other than company performance. even nse chief thinks so.

http://www.businessdaily...94682-tqugxxz/index.html
muandiwambeu
#572 Posted : Wednesday, February 01, 2017 10:56:15 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
obiero wrote:
wukan wrote:
THOUGHT OF THE DAY
Quote:
welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.

You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.

So, leave all your dreams of making quick and easy money, behind.

The first aim is survival.
Your absolute first goal is to learn how to stay in the game.

You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.

Ready to play?

Lovely words.. Ready to play since 2006

@obiero, how I wish u reread this. Its not a love affair gone sour. Its the coldness of the reality, everyone needs you dead enough and could to to regret you ever missed coldness. Pelekea love bintiyako na bibi yako kama wako.smile this is not a hot desert, its a cold dry desert for your super. Enjoy.smile
,Behold, a sower went forth to sow;....
Metch
#573 Posted : Wednesday, February 01, 2017 11:14:08 AM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
karasinga wrote:
Metch wrote:

@Karasinga, kindly share cartoon for defiant CABL as well. Thanks

CABL update.
generally bearish although at exhaustion points. waiting for price to speak to me

hope this helps.


Thanks Boss. Expecting FY results this month. price will definitely speak. Or has it spoken...
Start!
VituVingiSana
#574 Posted : Wednesday, February 01, 2017 11:57:36 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
[quote=Cornelius Vanderbilt]there's no better time to buy stocks that are declining because of other reasons other than company performance. even nse chief thinks so.

http://www.businessdaily...4682-tqugxxz/index.html[/quote] He would say so even when the market was peaking. He makes money up or down as long as folks trade. A market that CLIMBS without many trades isn't for him either. He doesn't care if the market trends down BUT folks are trading... that's OK by him. What hurts him is the dearth of trades.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
karasinga
#575 Posted : Wednesday, February 01, 2017 12:06:46 PM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
karasinga wrote:
karasinga wrote:
hisah wrote:
hisah wrote:
karasinga wrote:
karasinga wrote:
karasinga wrote:
karasinga wrote:
muandiwambeu wrote:

Well done so far @karas. Mind a review ofwhat is eabl, britam and SAfcom doing of late?

welcome muandiwambeu.
I don't mind. Will post the reviews. In my humble opinion, do not engage SCOM unless price is between 17.5 and 18. More details to follow. In the meantime check page 17 post 322. feel free to post. cheers mate.

SCOM UPDATE:

Almost there... Whistle let the market come to us

update. two expectation already met. waiting patiently for the last one...

Potential last small downward wave. expecting fireworks on the volume data box Anxious
baby steps....

prepare your soldiers to buy value. Our target still valid but do you due diligence. I wont be surprised if I see spikes of volume or price or both(as from today 5th January 2017). cheers mates

Watching the price action intraday. Wide demand spread between 17.10 and 18.70. The market is giving a nice signal while testing for supply...

25M shares traded today. 9.52M bid at 18.50 checks in as trading session comes to a close. Foreigners on the bid side.

This might be the first new year's gift. More to follow. Actually +28M VOLUME traded by close of business. Squinting at 18 and power of pivot.

@ hisah.a quick newbie like question. how do you tell foreigners are on the bid side?
DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis

so... this is how giants bottom out.... slowly but for sure. check power of pivots... best wishes

creeping upDrool
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
karasinga
#576 Posted : Wednesday, February 01, 2017 10:11:27 PM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
Metch wrote:
karasinga wrote:
Metch wrote:

@Karasinga, kindly share cartoon for defiant CABL as well. Thanks

CABL update.
generally bearish although at exhaustion points. waiting for price to speak to me

hope this helps.


Thanks Boss. Expecting FY results this month. price will definitely speak. Or has it spoken...

you are welcome Boss. smile some moves evident today (1st feb). currently sitting on my itchy fingers.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
karasinga
#577 Posted : Thursday, February 02, 2017 7:42:17 AM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
karasinga wrote:
obiero wrote:
@karasinga kindly share the eabl cartoon

Hello guys. This is my opinion on the matter at hand. EABL has the potential to retrace although for a short term. Feel free to criticize/comment and help us see market better.Kindly check my chart.

hope this helps
Note: remember disclaimer.
best wishes

like I said in another thread, this is possible with good money management. will be watching PA between 265 and 275.
@obiero. I hope this was helpful.
best wishes
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
karasinga
#578 Posted : Thursday, February 02, 2017 7:51:52 AM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
karasinga wrote:
THOUGHT OF THE DAY:
Sun Tzu said,
"He that knows himself and knows his enemy will be victorious.
He that knows himself but not his enemy will be defeated for every battle he wins
He than knows not himself nor his enemy will succumb in every battle."
best wishes

It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
karasinga
#579 Posted : Friday, February 03, 2017 7:07:14 AM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
THOUGHT OF THE DAY:
If you are unable to trade without the slightest bit of emotional discomfort (specifically, fear), then you have not learned how to accept the risks inherent in trading. This is a big problem, because to whatever degree you haven't accepted the risk, is the same degree to which you will avoid the risk. Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully.
best wishes.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
karasinga
#580 Posted : Saturday, February 04, 2017 11:24:59 AM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
on my watch list this month. (not in any order)
1. DTB
2. HFCK
3. EQT
4. KEGN.
5. NMG
will update this list as soon as information is available.
best wishes.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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