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How to tell NSE has bottomed out
lovely2010
#81 Posted : Sunday, July 17, 2011 11:19:47 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
jerry wrote:
Cde Monomotapa wrote:
mwekez@ji wrote:
lovely2010 wrote:

I've tried short selling, several times, it works if you have eyes...just open them wide...you'll see what I mean...


Interesting. How do you do the short selling?

.

Amazing grace.

=>there is a difference between shortselling and being a-bear-on-the-run. In the former you use other pples shares on hire.


I understand we dont do short selling @ nse but I have come up with a formula it is almost like short selling the difference is I dont borrow shares from my broker to pay later but I borrow from myself and I pay later. but since I didnt have a name for that formula, I call it short selling, it is also almost like averaging down but with averaging down you have to add more money but with my formula I borrow like existing shares, mostly on bear market, sell them @ a high price, and use the same money to buy @ a low price, when then the share goes high a bit, I sell...in that case I have reduced my losses or recovered and made a profit...I'll try to post the formula and see if it makes sense, to me it does...
the deal
#82 Posted : Sunday, July 17, 2011 11:37:40 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@Lovely I cant wait 2 c your formula..LoL
lovely2010
#83 Posted : Sunday, July 17, 2011 11:49:27 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
the deal wrote:
@Lovely I cant wait 2 c your formula..LoL


Im sure people know it only I made it like Einstein's...no much big deal about it...also I hope I wont be crucified like the last time I started a forum that people didnt understand, but its still working very well for me. Its the best thing ever...
youcan'tstopusnow
#84 Posted : Sunday, July 17, 2011 11:52:34 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
lovely2010 wrote:
the deal wrote:
@Lovely I cant wait 2 c your formula..LoL


Im sure people know it only I made it like Einstein's...no much big deal about it...also I hope I wont be crucified like the last time I started a forum that people didnt understand, but its still working very well for me. Its the best thing ever...


Nakuonea huruma dada...
The last time you tried to explain your 'procedure' you got a kick in the teeth. I don't see it being different this time
But all the best...
GOD BLESS YOUR LIFE
lovely2010
#85 Posted : Monday, July 18, 2011 12:07:23 AM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
youcan'tstopusnow wrote:
lovely2010 wrote:
the deal wrote:
@Lovely I cant wait 2 c your formula..LoL


Im sure people know it only I made it like Einstein's...no much big deal about it...also I hope I wont be crucified like the last time I started a forum that people didnt understand, but its still working very well for me. Its the best thing ever...


Nakuonea huruma dada...
The last time you tried to explain your 'procedure' you got a kick in the teeth. I don't see it being different this time
But all the best...


Last time I got kicked coz I did not say exactly what Im doing...its top secret and I regret it...This one is simple, maybe will help more those who are not aware on reducing losses on bear market...although it works really well with my previous topic but I will not to mix the two...I think I can avoid that...
Cde Monomotapa
#86 Posted : Monday, July 18, 2011 10:40:20 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
And what's all this attachment with inflation anyway. China is in a similar spot working hard to stem it yet its economy is still growing @9% quarter-on-quarter. The only difference between Kenya (EAC) & China is scale but we are both DEVELOPING economies. I will be the last person on Wazua to bet against the resilience & un-paralled work ethic of the Kenyan people.
the deal
#87 Posted : Monday, July 18, 2011 10:55:06 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Cde Monomotapa wrote:
And what's all this attachment with inflation anyway. China is in a similar spot working hard to stem it yet its economy is still growing @9% quarter-on-quarter. The only difference between Kenya (EAC) & China is scale but we are both DEVELOPING economies. I will be the last person on Wazua to bet against the resilience & un-paralled work ethic of the Kenyan people.

You will see what inflation will do to KCB's earningssmile bdw I still expect an earnings downgrade maybe to 15-30%
Cde Monomotapa
#88 Posted : Monday, July 18, 2011 11:12:51 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal wrote:
Cde Monomotapa wrote:
And what's all this attachment with inflation anyway. China is in a similar spot working hard to stem it yet its economy is still growing @9% quarter-on-quarter. The only difference between Kenya (EAC) & China is scale but we are both DEVELOPING economies. I will be the last person on Wazua to bet against the resilience & un-paralled work ethic of the Kenyan people.

You will see what inflation will do to KCB's earningssmile bdw I still expect an earnings downgrade maybe to 15-30%

I see..and ur Equity Bank operates on Mars? Right, right...atleast KCB is fully EAC..there is nothing for us on Mars Sad
Cde Monomotapa
#89 Posted : Monday, July 18, 2011 11:18:01 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal wrote:
Cde Monomotapa wrote:
And what's all this attachment with inflation anyway. China is in a similar spot working hard to stem it yet its economy is still growing @9% quarter-on-quarter. The only difference between Kenya (EAC) & China is scale but we are both DEVELOPING economies. I will be the last person on Wazua to bet against the resilience & un-paralled work ethic of the Kenyan people.

You will see what inflation will do to KCB's earningssmile bdw I still expect an earnings downgrade maybe to 15-30%

I personally grant you exemption to bet against the resiliance & work ethic of the Kenyan people.
mwanahisa
#90 Posted : Monday, July 18, 2011 11:21:15 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Cde Monomotapa wrote:
I see..and ur Equity Bank operates on Mars? Right, right...atleast KCB is fully EAC..there is nothing for us on Mars Sad


Equity Bank has demonstrated the resilience of its model time and time again. KCB is indeed trying to get its game going...but I would rather bet on the bank where the CEO and most board members have their bread on the line!!!

I maintain my stake in KCB mostly because I believe in the potential, but if push came to shove, I would keep what I have in Equity rather than KCB.
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