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How to tell NSE has bottomed out

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mlennyma		#1651 Posted : Wednesday, October 03, 2012 8:22:18 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		When the nse used to gain like this at least 4 or 5 top gainers were recording 10% gain limit,hii nayo!! "Don't let the fear of losing be greater than the excitement of winning."
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BGL		#1652 Posted : Wednesday, October 03, 2012 8:32:41 PM
Rank: Veteran Joined: 10/11/2009 Posts: 1,223		Aguytrying wrote: guru267 wrote: youcan'tstopusnow wrote: ELFU NNE NDIO HIYO! NSE 20-share index gained 103.58 points ( 2.61%) to close at 4,069.33 Equity turnover: KES 720.25M Is it just me or is there something wrong with the figures? The gain does not seem proportionate with the move in share prices.. Shares were flat or down in general but the index is up 3.15%!! It is very weird to me too. I realised EABL was the main NSE 20 stock that gained with a large volume. Which begs the questions, is the NSE a weighted index? ERRATUM NSE 20 Up 13.37 points to close at 3958.62 History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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cnn		#1653 Posted : Wednesday, October 03, 2012 8:40:00 PM
Rank: Veteran Joined: 6/17/2009 Posts: 1,627		BGL wrote: Aguytrying wrote: guru267 wrote: youcan'tstopusnow wrote: ELFU NNE NDIO HIYO! NSE 20-share index gained 103.58 points ( 2.61%) to close at 4,069.33 Equity turnover: KES 720.25M Is it just me or is there something wrong with the figures? The gain does not seem proportionate with the move in share prices.. Shares were flat or down in general but the index is up 3.15%!! It is very weird to me too. I realised EABL was the main NSE 20 stock that gained with a large volume. Which begs the questions, is the NSE a weighted index? ERRATUM NSE 20 Up 13.37 points to close at 3958.62 So the 4069 on the NSE website is a hoax?,somebody should be fired.
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mlennyma		#1654 Posted : Wednesday, October 03, 2012 8:49:58 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		How comes mystocks also indicated the same weird numbers?or they copy paste the nse website. "Don't let the fear of losing be greater than the excitement of winning."
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mlennyma		#1655 Posted : Wednesday, October 03, 2012 8:53:38 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		http://live.mystocks.co.ke/m/stock=^N20I "Don't let the fear of losing be greater than the excitement of winning."
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mlennyma		#1656 Posted : Wednesday, October 03, 2012 9:10:00 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		http://live.mystocks.co.ke/m/stock=^N20I "Don't let the fear of losing be greater than the excitement of winning."
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hisah		#1657 Posted : Wednesday, October 03, 2012 10:48:16 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Oops - Daily nation also bit the NSE 4000+ close... www.nation.co.ke/busines...8/-/2wo6g4z/-/index.html NSE had better explain this error. Bad PR... Ama ni ile computer error ya Kenyatta! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow		#1658 Posted : Wednesday, October 03, 2012 10:58:11 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Ati error? What an anti-climax Both NSE and mystocks websites are yet to update their figures though. Hehe. Nation and mystocks both give us the 4069.33 figure yet one says the index was up 124.08 points and the other says the index is only up 103.58 points. GOD BLESS YOUR LIFE
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mwekez@ji		#1659 Posted : Thursday, October 04, 2012 9:40:49 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		cnn wrote: BGL wrote: Aguytrying wrote: guru267 wrote: youcan'tstopusnow wrote: ELFU NNE NDIO HIYO! NSE 20-share index gained 103.58 points ( 2.61%) to close at 4,069.33 Equity turnover: KES 720.25M Is it just me or is there something wrong with the figures? The gain does not seem proportionate with the move in share prices.. Shares were flat or down in general but the index is up 3.15%!! It is very weird to me too. I realised EABL was the main NSE 20 stock that gained with a large volume. Which begs the questions, is the NSE a weighted index? ERRATUM NSE 20 Up 13.37 points to close at 3958.62 So the 4069 on the NSE website is a hoax?,somebody should be fired. @BGL, you are on point. my workings yield that 3958.62. Its bizarre that NSE (website and daily report), Data vendors and analysts have the 4,069.33.
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Aguytrying		#1660 Posted : Thursday, October 04, 2012 11:56:58 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		mwekez@ji wrote: cnn wrote: BGL wrote: Aguytrying wrote: guru267 wrote: youcan'tstopusnow wrote: ELFU NNE NDIO HIYO! NSE 20-share index gained 103.58 points ( 2.61%) to close at 4,069.33 Equity turnover: KES 720.25M Is it just me or is there something wrong with the figures? The gain does not seem proportionate with the move in share prices.. Shares were flat or down in general but the index is up 3.15%!! It is very weird to me too. I realised EABL was the main NSE 20 stock that gained with a large volume. Which begs the questions, is the NSE a weighted index? ERRATUM NSE 20 Up 13.37 points to close at 3958.62 So the 4069 on the NSE website is a hoax?,somebody should be fired. @BGL, you are on point. my workings yield that 3958.62. Its bizarre that NSE (website and daily report), Data vendors and analysts have the 4,069.33. How is it calculated? What better way to entice the fence sitters back to the NSE than a headline of "NSE 20 crosses the monumental 4000 mark" Error or no error the damage is done! The investor's chief problem - and even his worst enemy - is likely to be himself
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