Wazua
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KQ in 2010-11 (Boom, Bust or Blah)
Rank: Elder Joined: 2/10/2007 Posts: 1,587
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hisah wrote:The price action today plus the volume is a testing supply gimmick. I want to see 40/- tested and the reaction on that test. If it's tested and bounces back to 45 in 3 days span, then the support will be reestablish at 40. But the break of 45/- is a bit concerning... I think it is also important to look at how the prices were towards the closure of the market. If it was gearing higher, then we might be bullish tomorrow
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Which ever way you look at it somebody did the mopping...the big test is tomorrow...will there be any supply??? i'm glad my order went through during this mopping...bringing my average price to 44 bob...we might have just turned the trend...
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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I would have sworn, someone knows something we don't (or we probably do)..........they call it what? Ufanyi biashara were ndani
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Hii nitanunua hata kama ni kufa nayo wazuans mtakuja kunizika. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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'Cabin crew arm all doors and cross-check'
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Pierce wrote:'Cabin crew arm all doors and cross-check' We have kept faith...time to be rewarded...Demand is 4.5X supply...it augars well with the pending announcement....
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Could this be a harbinger of things to come? I am about 80% of my targeted quantity and it looks like it may be difficult to get the remaining 20% at 43 or below.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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mwanahisa wrote:Could this be a harbinger of things to come? I am about 80% of my targeted quantity and it looks like it may be difficult to get the remaining 20% at 43 or below. With the demand almost six times supply, we might remain bullish up to around 50 bib. If the half year results are exciting we could see the share jump by 30% or thereabouts
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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My stupidity costed me yesterday bidding at 42...am feeling so silly "Don't let the fear of losing be greater than the excitement of winning."
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KQ in 2010-11 (Boom, Bust or Blah)
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