Kudos if you took advantage of the discounts back then.

So far the hallmark of this bear has been stealth unlike the heavy metal version for the better part of the GFC period. We are 1year three months into its run currently (an 8 month limbo included) but the pain is yet to register. The GFC peak to trough crash lasted about 1 year and six months(with a one year back and forth stagnation) whereas the 2011 mini bear took 1 year and three months. In both periods, NSE20 was lagging the turmoil happening elsewhere. This time our market is frontrunning the chaos having shed close to 2000 points in the process.

From the fundies side, both KE and global economic conditions don't look particularly encouraging, if anything they are a lot more anemic than during the GFC. The end of this business cycle is fast approaching and it will most likely resolve the excesses that were swept under the carpet in the recent past.

It's anyone's guess what will break the markets but the worst is yet to come and the CB's won't know what hit them. If this plays out to its logical conclusion, GFC might end up looking like child's play when compared to what's unfolding. To bring the sub 2000 call into perspective, consider the GFC to have been a prelude/dress rehearsal to the main event. Most African economies are bound to overheat - some are already there - thanks to inflation and KE will not be an exception.

As for the mentioned target prices after the crash has occurred, I will let Mr market to tackle that since anything is possible. On the flip side, if this bear turns out to be as severe as I think it will, the subsequent bull phase will redefine the word insanity.

After closing the first half today,i expect a flat tyre until august when the market might react to H1 results, but overall a bad stocks year it is.

@hisah. The identity of the ftse 15 n 25 is such a guarded secret. Any leads on where I can search.

NSE20 share index loses 1.14% to hit a 12month low of 3619

I exited the market totally a few weeks back. i sleep soundly these days

@instinct. You should be buying not selling

Mid July and NSE20 breaks below 3600 handle to close the week on losses continuation. Closed at 3596. Too much discounts are "bad" for your health

Still way down to go..

Too much supply at good prices with no excitement in demand

KPLC touched 8.55 with no excitement in demand..8.00 will print in a few days time

KCB at the lowest RSI in more than 10 years (14) with supply building at 32 and still no excitement in demand..30 will touch eventually.Will Ksh 30 excite demand ? Doesnt look like

CIC eyeing 4.00 and below

Britam breaking below 13.50 round 2 (There has been lots of supply here)

and soo many others.....

Meanwhile safcom has refused to go past 17.50 and drop below 17.00.Waiting to see who wins

Kcb has leaked in a lot of water. >50% tanking from peak to trough...very interesting.

Initially when the NSE20 started to slide, Kcb was among the few stocks that held ground. Now, on a relative basis, it is front running the market big time. So far Safcom, BAT, eabl and equity are proving to be tough customers for the bear...saving the best for last?