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How to tell NSE has bottomed out
QW25071985
#136 Posted : Friday, July 22, 2011 11:20:48 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Sufficiently Philanga....thropic wrote:
Watch our NSE Index, figure today, 3777, and the date, and note it down. Could very well be our lowest in months. I could be wrong!
I'm reminded of Sept 15th 2008, a BLACK MONDAY, where stocks fell by 777 points, pushing the Dow below the psychological barrier of 11,000 points following LB filing for bankruptcy and BoA and AIG staring at the same!


i totally agree with your view. this bear will be leaving us soon....
when are the general elections being held bytheway . any official statement
the deal
#137 Posted : Monday, July 25, 2011 7:43:34 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Sober
#138 Posted : Monday, July 25, 2011 7:48:37 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
And safcom trades 98 million shares. I am pretty scared because i dont know what to expect.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
the deal
#139 Posted : Monday, July 25, 2011 7:54:34 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Sober wrote:
And safcom trades 98 million shares. I am pretty scared because i dont know what to expect.

This is one hell of a long bear my friendPray
Sober
#140 Posted : Monday, July 25, 2011 8:26:47 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
the deal wrote:
Sober wrote:
And safcom trades 98 million shares. I am pretty scared because i dont know what to expect.

This is one hell of a long bear my friendPray


Now where did all those trades come from in this bearish market. I‘d wish to get the exact number of deals and the numbers involved.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
cnn
#141 Posted : Monday, July 25, 2011 8:30:42 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Safcom traded 10 million shares.
QW25071985
#142 Posted : Monday, July 25, 2011 8:36:45 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Sober wrote:
And safcom trades 98 million shares. I am pretty scared because i dont know what to expect.


wacha banghi ndugu . ahahah . u mean 9.8 millie ..
Sober
#143 Posted : Monday, July 25, 2011 8:44:16 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
QW25071985 wrote:
Sober wrote:
And safcom trades 98 million shares. I am pretty scared because i dont know what to expect.


wacha banghi ndugu . ahahah . u mean 9.8 millie ..


Sorry guys. Was talking of friday‘s volume. Even ten million today is quite considering the mood at the bourse.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
youcan'tstopusnow
#144 Posted : Monday, July 25, 2011 8:54:06 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
When it trades 50 million shares, maybe the 'Bear' will be over (would still be dwarfed by KCB's turnover from the past few trading sessions)
GOD BLESS YOUR LIFE
Sober
#145 Posted : Monday, July 25, 2011 9:26:40 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
youcan'tstopusnow wrote:
When it trades 50 million shares, maybe the 'Bear' will be over (would still be dwarfed by KCB's turnover from the past few trading sessions)


Safaricom should pull a ‘share amalgamation‘ stunt. Opposite of a split. The price will rally ahead of books closure and the price will be stable, after a couple of years the share will have become too expensive then the then shareholders we will approve a share split.
Wow! I am a genius.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Genghis Khan
#146 Posted : Tuesday, July 26, 2011 8:55:15 AM
Rank: Member

Joined: 8/5/2010
Posts: 335
Location: Nairobi
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
Genghis Khan, hiyo theory ya NSE falls in January because of "School Fees" tulikataa. How many of the NSE investors are parents? If we know the percentage of investors who are parents with school-going children is when we can say for sure. Until then hiyo ni porojo...

!! Flawless Fatality !!


Laughing out loudly Laughing out loudly Laughing out loudly

@ycsun. Shame on you Boss, be kind!!!

I think my post was simple enough but I can try to make it clearer...

1. Take what you know about the past (seasonal cycle) and develop a mathematical model for a base line...

2. Take what you expect to happen in the future and superimpose on your base line...

youcan'tstopusnow wrote:
If we know the percentage of investors who are parents with school-going children is when we can say for sure

Generally, people aged 30 to 60 are parents... lets not fight about that...

@Cde, the blow wasn't fatal, he lives still!
"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
Muthawamunene
#147 Posted : Tuesday, July 26, 2011 10:40:05 AM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
the period aint too bad. i got out some time ago. n am slowly planning a re- entry. doin my saving to the max in anticipation. with counters like centum at sub tweny bob, investor heaven.
Cde Monomotapa
#148 Posted : Tuesday, July 26, 2011 11:05:02 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Genghis Khan wrote:
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
Genghis Khan, hiyo theory ya NSE falls in January because of "School Fees" tulikataa. How many of the NSE investors are parents? If we know the percentage of investors who are parents with school-going children is when we can say for sure. Until then hiyo ni porojo...

!! Flawless Fatality !!


Laughing out loudly Laughing out loudly Laughing out loudly

@ycsun. Shame on you Boss, be kind!!!

I think my post was simple enough but I can try to make it clearer...

1. Take what you know about the past (seasonal cycle) and develop a mathematical model for a base line...

2. Take what you expect to happen in the future and superimpose on your base line...

youcan'tstopusnow wrote:
If we know the percentage of investors who are parents with school-going children is when we can say for sure

Generally, people aged 30 to 60 are parents... lets not fight about that...

@Cde, the blow wasn't fatal, he lives still!

Laughing out loudly Laughing out loudly. Cool smile
Sober
#149 Posted : Tuesday, July 26, 2011 11:30:49 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Muthawamunene wrote:
the period aint too bad. i got out some time ago. n am slowly planning a re- entry. doin my saving to the max in anticipation. with counters like centum at sub tweny bob, investor heaven.


i would consider Centum at 13 bob. if it is not there in august it will be there in 2012, i will be very patient with it.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Magnetic Touch
#150 Posted : Tuesday, July 26, 2011 12:15:16 PM
Rank: Member

Joined: 12/31/2008
Posts: 90
The NSE bought a one way ticket early on in the year. Destination - below 3000 on the index. We are close to the halfway point towards the end of our journey.
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