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How to tell NSE has bottomed out
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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When banks start reducing their lending rates. Wah! Ati 25%! Those who took loans to buy shares... GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Now that Mpesa has pulled a sharp profit wipe-out shocker, let's see if the 2.90 guard-rail can withstand the shock. I have been seeing a shakedown trying to force the level down and this will probably be the ice breaker. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:Now that Mpesa has pulled a sharp profit wipe-out shocker, let's see if the 2.90 guard-rail can withstand the shock. I have been seeing a shakedown trying to force the level down and this will probably be the ice breaker. No need to be shy now hey 
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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my prediction 2.90 all time low will HOLD !!!!!!!!!!!!!!!!! some huge defense of that area if you ask me ..
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cde Monomotapa wrote:hisah wrote:Now that Mpesa has pulled a sharp profit wipe-out shocker, let's see if the 2.90 guard-rail can withstand the shock. I have been seeing a shakedown trying to force the level down and this will probably be the ice breaker. No need to be shy now hey  If I were still in trade I'd be sweating & in hiding away from wazua. Or would start using the 'my friend' statement... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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2.9 broken... #swirl.swirl 
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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NSE 20-share index down 24.84 points to 3,422.82 Turnover - 235.65 Million 32,510,600 shares traded GOD BLESS YOUR LIFE
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How to tell NSE has bottomed out
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