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NSE Could be headed for a new bottom
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ngapat
#1 Posted : Tuesday, November 15, 2011 12:43:50 PM
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Joined: 12/11/2006
Posts: 884
so many stocks on a free fall. HF trading below 15 and market is in red for most counters. What a bearSad
“Invest in yourself. Your career is the engine of your wealth.”
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bwenyenye
#2 Posted : Tuesday, November 15, 2011 1:04:24 PM
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Joined: 5/24/2007
Posts: 1,805
New psychological mark is 3300 then 3000. Then I start buying.
I Think Therefore I Am
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the deal
#3 Posted : Tuesday, November 15, 2011 1:45:53 PM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
How many threads of the NSE bottoming are you going to start nkt!!!
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For Sport
#4 Posted : Tuesday, November 15, 2011 1:58:36 PM
Rank: Veteran


Joined: 12/23/2010
Posts: 1,229
the deal wrote:
How many threads of the NSE bottoming are you going to start nkt!!!

Laughing out loudly Laughing out loudly Laughing out loudly
Forget the old bottom - this is a new one - new bottom, new thread.
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QW25081985
#5 Posted : Tuesday, November 15, 2011 2:11:27 PM
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Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
hhaahhahahaha. New year ,new resolutions, new nse bottom !!!!!!!!!!! hahah..
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QW25081985
#6 Posted : Tuesday, November 15, 2011 2:14:35 PM
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Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
ngapat wrote:
so many stocks on a free fall. HF trading below 15 and market is in red for most counters. What a bearSad



told you so . i remember the so called guru callin this a small bull lol ..
Big money tried to arm twist Mr.Market But they coudnt make it..
a'll ONLY get bullish if the old low isnt taken out IF itis Mambo kwish coz bear will be back with avengeance and 3k will be insight for sure ...
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guru267
#7 Posted : Tuesday, November 15, 2011 2:24:25 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QW25081985 wrote:
told you so . i remember the so called guru callin this a small bull lol ..


The days I called for the bull was oct 29-31..
That was before the CBK govenor screwed Kenyans over with a 16.5% bank rate..

After that all bets were off.. My position is even reflected on the fantasy market
Mark 12:29
Deuteronomy 4:16
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ngapat
#8 Posted : Tuesday, November 15, 2011 4:14:33 PM
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Joined: 12/11/2006
Posts: 884
Hope the current low is not taken. This market is really upsetting. when you think you are getting shares at a bargain, they dip further making your bargain price expensive price
“Invest in yourself. Your career is the engine of your wealth.”
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lovely2010
#9 Posted : Tuesday, November 15, 2011 6:04:28 PM
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Joined: 10/25/2010
Posts: 519
Location: nairobi
If people sold everything, you would be having less headaches. Mkoko bado haujaalika maua...bado hakujakuwa kubaya...stop buying...maybe look for an opportunity to sell...
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githundi
#10 Posted : Tuesday, November 15, 2011 6:11:36 PM
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Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
the deal wrote:
How many threads of the NSE bottoming are you going to start nkt!!!

@ the deal, let the young man have his say.
Democracy does not belong to the dead
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Aguytrying
#11 Posted : Tuesday, November 15, 2011 6:23:47 PM
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Joined: 7/11/2010
Posts: 5,040
Lol! Bottom bado. Hang on, ulcers central is not yet. I dont know what the big deal is, if u need to liquidate asap i understand the frustration. Other wise, keep buying ur fav stocks at a discount.
The investor's chief problem - and even his worst enemy - is likely to be himself
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simonmaina71@gmail.com
#12 Posted : Tuesday, November 15, 2011 7:12:53 PM
Rank: New-farer


Joined: 11/14/2011
Posts: 50
When it rains gold...fetch the biggest bucket...the prices may have bottomed...this means you can maximise profits if you are patient enough...my favourite holding period is forever.
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lovely2010
#13 Posted : Tuesday, November 15, 2011 7:26:02 PM
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Joined: 10/25/2010
Posts: 519
Location: nairobi
All my warnings have always been right, but I always find myself telling people...`I told you so...!!!'
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guru267
#14 Posted : Tuesday, November 15, 2011 7:31:20 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
lovely2010 wrote:
All my warnings have always been right, but I always find myself telling people...`I told you so...!!!'


The annual December selling hasnt even began yet.. That is when we will see true blood on the NSE..

Mark 12:29
Deuteronomy 4:16
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Sober
#15 Posted : Tuesday, November 15, 2011 7:32:53 PM
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Joined: 11/27/2007
Posts: 3,604
lovely2010 wrote:
All my warnings have always been right, but I always find myself telling people...`I told you so...!!!'


which is your new warning? I am buying more NIC sub 30bob to average down.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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simonmaina71@gmail.com
#16 Posted : Tuesday, November 15, 2011 7:45:23 PM
Rank: New-farer


Joined: 11/14/2011
Posts: 50
If you aint ready to risk...then you aint ready to gain...bear or not..some things are obvious...you dont expect uchumi shares to dip over christmas...do you?
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ngapat
#17 Posted : Tuesday, November 15, 2011 8:14:33 PM
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simonmaina71@gmail.com wrote:
If you aint ready to risk...then you aint ready to gain...bear or not..some things are obvious...you dont expect uchumi shares to dip over christmas...do you?


Now my investment plan has changed from medium term to long term.
“Invest in yourself. Your career is the engine of your wealth.”
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simonkabz
#18 Posted : Tuesday, November 15, 2011 8:23:52 PM
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Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Jumped off this NSE titanic a while back. I rode the adrenaline rushes in the SK heydays n tired out. Also noticed guka(the then EB mr. moneybag) n leona bailed out too. Bankelele cooled off. Seles too. Proverb(jammo) too. With interests sniffing the 30% range, folks may be liquidating to fill in the gap lèft by the evil loans. Life is better with my eyes off the fake prices scroller. Join me
TULIA.........UFUNZWE!
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guru267
#19 Posted : Tuesday, November 15, 2011 8:29:49 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
simonmaina71@gmail.com wrote:
you dont expect uchumi shares to dip over christmas...do you?


All shares will dip in december..
reduced activity on the NSE and increased supply from investors looking for christmas funds will definitely send the whole market down.. This happens more often than not and there is no reason why it wouldnt do the same in 2011..

So you better pray for some gains in november..
Mark 12:29
Deuteronomy 4:16
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Eric_Nyamu
#20 Posted : Tuesday, November 15, 2011 8:36:19 PM
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Joined: 10/6/2011
Posts: 84
hehehe. this nse is funny ..i told you guyz to look at it from along term perspective
if you are longterm donot even panic (atleast not yet)>just keep adding at these low prices .How low they will go i donot know but we will get a clue if the index breaks the recent low (at 3270 about)if it get supported above that i might as well call for a low in the bear market.

This chart should give some of us hope

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