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Short term bounce is on the wings

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Sufficiently Philanga....thropic		#11 Posted : Monday, December 05, 2011 2:21:46 PM
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli		mlennyma wrote: History is about to be made,the first stock below a bob,eveready it is. Its sister Merali company is firmly in sub 4! @SufficientlyP
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hisah		#12 Posted : Monday, December 05, 2011 3:01:51 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		mlennyma wrote: History is about to be made,the first stock below a bob,eveready it is. Countdown to paka share price hitting the par value and lower..! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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2012		#13 Posted : Monday, December 05, 2011 3:24:03 PM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		@QW You can now also pick Access at a Merali co. share price BBI will solve it :)
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QW25081985		#14 Posted : Monday, December 05, 2011 4:38:16 PM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		guru267 wrote: QW25081985 wrote: oh bytheway i willnot take reponsibility if the pattern fails but i will take full 100% credit it it works Spoken like the one true @QW!! ehehehe. no pattern is 100% ..it that was the case all traders would be supper rich !!!!!!!
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mwekez@ji		#15 Posted : Monday, December 05, 2011 7:32:52 PM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		QW25081985 wrote: we can see that the nse has fallen and now is close to the sloping trendline at point be . i expect a rally towards point A when the index bounces of the point b .You can also see on the chart that on numerous occasions the trendline has provided support to the index on numerous times as shown by the arrows.. ... Happy trading , folks ! It takes just 2 bottoms to draw a trend line but it takes a 3rd bottom to confirm the trend. Your trendline looks valid I see the bounce predicted is highly likely to be far less than 10% and then we resume the journey towards the level @cde is calling the index (2500). The gains on the bounce sound too little. Or am missing something here
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youcan'tstopusnow		#16 Posted : Monday, December 05, 2011 7:35:49 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		mwekez@ji wrote: QW25081985 wrote: we can see that the nse has fallen and now is close to the sloping trendline at point be . i expect a rally towards point A when the index bounces of the point b .You can also see on the chart that on numerous occasions the trendline has provided support to the index on numerous times as shown by the arrows.. ... Happy trading , folks ! It takes just 2 bottoms to draw a trend line but it takes a 3rd bottom to confirm the trend. Your trendline looks valid ... I see the bounce predicted is highly likely to be far less than 10% and then we resume the journey towards the level @cde is calling the index (2500). The gains on the bounce sound too little. Or am missing something here At such levels, I wonder what some of our 'blue-chips' will be trading at GOD BLESS YOUR LIFE
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youcan'tstopusnow		#17 Posted : Monday, December 05, 2011 7:42:12 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		QW, your favourite brokers, Standard Investment Bank, on Friday said that outlook for the banking sector was positive and assigned a “buy” rating for banking stocks based on low valuations... GOD BLESS YOUR LIFE
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QW25081985		#18 Posted : Monday, December 05, 2011 7:44:11 PM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		mwekez@ji wrote: QW25081985 wrote: we can see that the nse has fallen and now is close to the sloping trendline at point be . i expect a rally towards point A when the index bounces of the point b .You can also see on the chart that on numerous occasions the trendline has provided support to the index on numerous times as shown by the arrows.. ... Happy trading , folks ! It takes just 2 bottoms to draw a trend line but it takes a 3rd bottom to confirm the trend. Your trendline looks valid I see the bounce predicted is highly likely to be far less than 10% and then we resume the journey towards the level @cde is calling the index (2500). The gains on the bounce sound too little. Or am missing something here wow . what do you mean ..we are looking at a 500 point bounce atleast thats something .... too much support for us to see 2500 but it can happen !
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mwekez@ji		#19 Posted : Monday, December 05, 2011 7:45:06 PM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		youcan'tstopusnow wrote: mwekez@ji wrote: QW25081985 wrote: we can see that the nse has fallen and now is close to the sloping trendline at point be . i expect a rally towards point A when the index bounces of the point b .You can also see on the chart that on numerous occasions the trendline has provided support to the index on numerous times as shown by the arrows.. ... Happy trading , folks ! It takes just 2 bottoms to draw a trend line but it takes a 3rd bottom to confirm the trend. Your trendline looks valid ... I see the bounce predicted is highly likely to be far less than 10% and then we resume the journey towards the level @cde is calling the index (2500). The gains on the bounce sound too little. Or am missing something here At such levels, I wonder what some of our 'blue-chips' will be trading at We had such an index in March 2009. Those prices of March 09 could be coming back
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youcan'tstopusnow		#20 Posted : Monday, December 05, 2011 7:59:24 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		mwekez@ji wrote: youcan'tstopusnow wrote: mwekez@ji wrote: QW25081985 wrote: we can see that the nse has fallen and now is close to the sloping trendline at point be . i expect a rally towards point A when the index bounces of the point b .You can also see on the chart that on numerous occasions the trendline has provided support to the index on numerous times as shown by the arrows.. ... Happy trading , folks ! It takes just 2 bottoms to draw a trend line but it takes a 3rd bottom to confirm the trend. Your trendline looks valid ... I see the bounce predicted is highly likely to be far less than 10% and then we resume the journey towards the level @cde is calling the index (2500). The gains on the bounce sound too little. Or am missing something here At such levels, I wonder what some of our 'blue-chips' will be trading at We had such an index in March 2009. Those prices of March 09 could be coming back Many stocks are already below March 2009 lows by the way... GOD BLESS YOUR LIFE
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