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The long bear
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youcan'tstopusnow
#11 Posted : Wednesday, May 25, 2011 4:11:26 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Mainat, the NSE has tested the 4050 range
GOD BLESS YOUR LIFE
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Impunity
#12 Posted : Wednesday, May 25, 2011 4:18:39 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
youcan'tstopusnow wrote:
Mainat, the NSE has tested the 4050 range


The bear could be gone;KK back to pre cums at 9.90;KCB roaring at 26.
smile
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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hisah
#13 Posted : Wednesday, May 25, 2011 4:22:34 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Mainat, the NSE has tested the 4050 range


Yes it has...

Until 4200 - 4400 level is cleared with conviction (volumes), this index is biased downwards...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Tommy
#14 Posted : Wednesday, May 25, 2011 5:47:45 PM
Rank: Veteran

Joined: 12/9/2010
Posts: 894
Location: Nairobi
my only worry is that the politicians will start making noise around august, however i am optimistic of a peaceful election.
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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QW25071985
#15 Posted : Wednesday, May 25, 2011 6:09:28 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
this bear market has really taught me alot..always wait for the right time to buy...
i really dnt see any futhure sell-off like the one we saw at the beginin of the year. i am of the opinion ( and i keep repeating) the weak hands have been shaken off by the January sell-off and now those who bought during the sell-off are holding for the long haul.
What would make all those buyers who bought in January cause a sell-off next year and yet they havent broken even on their purchases.Do you get my simple logic ?
the only event that can trigger a massive sell-off is violence.I hope there wount be any.
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Aguytrying
#16 Posted : Wednesday, May 25, 2011 6:22:14 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I've been saying it, this will be a great year at the n.s.e. Things wont go down as most expect
The investor's chief problem - and even his worst enemy - is likely to be himself
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lovely2010
#17 Posted : Wednesday, May 25, 2011 6:40:35 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
Tommy wrote:
my only worry is that the politicians will start making noise around august, however i am optimistic of a peaceful election.


I think we are encouraging them to make noise...maybe, just maybe...if there is a rally and nobody shows up...that would be great...I think they will show us some respect and they will be serious on matters concerning the country...just my thought.
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mufasa
#18 Posted : Wednesday, May 25, 2011 7:12:57 PM
Rank: Member

Joined: 4/15/2008
Posts: 240
@mainat - its a bear mkt but not for all counters. some counters like neveready & most merali are no go zones but certain financials might suprise you, don't right off the agriculturals too - not all of them depend on strong rains, take sugar for example. 4050 is too low, raise it a bit higher
Do it today! Tomorrow is promise to no-one.
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youcan'tstopusnow
#19 Posted : Wednesday, May 25, 2011 7:31:46 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
4071 at close today!
GOD BLESS YOUR LIFE
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QW25071985
#20 Posted : Wednesday, May 25, 2011 7:50:00 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Aguytrying wrote:
I've been saying it, this will be a great year at the n.s.e. Things wont go down as most expect


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly . dnt make me laugh. are you callin for a bull market this year ??????
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