hisah wrote:FUNKY wrote:Turnover rose to Kes.520M from the previous session’s Kes.294M, the number of shares traded stood at 27M against 20M posted yesterday.
The NSE 20 Share Index was up 60.70 points or +1.38% to stand at 4474.68.
All Share Index (NASI) was up 1.52 points to stand at 104.28.
FTSE NSE Kenya 15 Index was up 2.86 points to stand at 137.90.
FTSE NSE Kenya 25 Index was up 2.71 points to stand at 141.18.
Wow! NSE20 is about to vault past 4500 heading to 4600 as it slices past layers of resistance. However, challenging 4700 will be tricky. I expect the rally to slowdown or stall as we approach 4700 since the gains will tempt selling across some counters that have rallied hard.
Target for now is 4678 last touched on Oct 22 2010. Thank God we have you to shepherd through the murky waters of capitalism. we would be flying blind, your insight which you so freely give(and mostly spots on), is invaluable.
Has anyone considered this rally is by dark forces, Because its madness, utter madness. and at this time. I dont believe in it 100%, caution.
The investor's chief problem - and even his worst enemy - is likely to be himself