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Industrial Stocks to drive the NSE to 5000 points
mlennyma
#31 Posted : Wednesday, September 01, 2010 4:07:33 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Market painted red for the 9th day,5000 dream is next 2 imposible in the near term
"Don't let the fear of losing be greater than the excitement of winning."
the deal
#32 Posted : Wednesday, September 01, 2010 5:57:59 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
the 5000 dream is still alive...expect more activity in the 4th quater as investors take positions for 2011...now is the time to stock up....
qw25041985
#33 Posted : Wednesday, September 01, 2010 6:09:57 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@hisah .i agree. And the Us treasuries have been the darling of investors all throught the summer and thats not a gud sign.
I hope you are like me and stayin off equities for now.
Your future depends on your dreams so go to sleep !
the deal
#34 Posted : Wednesday, September 01, 2010 6:57:05 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I think the NSE overheat during the run up to the referundum but use this mini bear run to stock up companies that u might have missed..
hisah
#35 Posted : Wednesday, September 01, 2010 7:53:59 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
qw25041985 wrote:
@hisah .i agree. And the Us treasuries have been the darling of investors all throught the summer and thats not a gud sign.
I hope you are like me and stayin off equities for now.


I trade the index and not the stocks. This way I'm divorced from falling in love with a stock smile We should also have the same here for NSE or NASI to facilitate day trading. Hopefully vision 2030 has this in mind somewhere. So far I'm prefer shorting the Nikkei. Pending Dow, DAX and FTSE this September as long as they're below SMA200.

As long as the NSE is not seeing huge buy volumes, I don't see how 5000 will be broken. I'm bullish on NSE, but without smart money around, 5000 is too distant Pray

September Easter egg smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
qw25041985
#36 Posted : Wednesday, September 01, 2010 9:50:49 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@ Much Know. i think i have made my point clear. Once again technical analysis has saved from unecessary panic selling.Imagine if i panic sold mumias like so many wazuas i bet i'd behaving some guilt right now....
Your future depends on your dreams so go to sleep !
sparkly
#37 Posted : Wednesday, September 01, 2010 10:28:29 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
qw25041985 wrote:
@ Much Know. i think i have made my point clear. Once again technical analysis has saved from unecessary panic selling.Imagine if i panic sold mumias like so many wazuas i bet i'd behaving some guilt right now....

@qw do you really own any shares, and how exactly has ta saved your ass? Why would anyone who for instance bought mumias @ 3 bob panic just coz it fell from 14 to 12?
Life is short. Live passionately.
mlennyma
#38 Posted : Thursday, September 02, 2010 3:26:25 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Market uncomfortable and bottoming up posibly today for new direction
"Don't let the fear of losing be greater than the excitement of winning."
PKoli
#39 Posted : Friday, September 03, 2010 1:48:21 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
mlennyma wrote:
Market uncomfortable and bottoming up posibly today for new direction


Looks it is holding today. It will just need a small trigger to start going up. Yesterday major international indices were up.
the deal
#40 Posted : Friday, September 10, 2010 3:19:30 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@guru a wazuarian once said watch out for Industrials...the heat is on...
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