wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

569 Pages«<293294295296297>»
How to tell NSE has bottomed out
hisah
#2941 Posted : Thursday, April 04, 2013 3:57:21 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
FTSE NSE indices maintained their 1% plus intraday losses to the close. In this case like I stated yesterday NSE20 will close below 5000.

I can see paka's Nth life is growing legs by the day. At 3/- I expect it to meet a sudden brick wall...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2942 Posted : Thursday, April 04, 2013 6:21:37 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977


I can see NSE has quietly updated their site, but no tweet update nor on their FB page. NSE20 lost the 5000 handle to close @4975.

This was expected. I sold my VIP ticket and I laid out the plan in advance for those that needed to copy the same.

At 5000 NSE20 is way ahead. We need a lot of liquidity to flood in and I hope the new Fin Min will implement some of my suggestions to keep the bull on. If treasury chooses austerity without a mix of stimulation in manufacturing and consumption those talking of 5400 will just be that - just a talk... 5000 - 5500 zone is a resistance thicket and we need a sharp blade (heavy buy volume) to slash it down. Banks must be forced to cut lending rates. Tbills need to go below 7%. CRR needs to be cut to add strength to the liquidity flood back into the econ. The macros need to be hammered into healthy life. Who'll be the bernanke... Let's see what the national budget will present since the politics alone cannot push the econ. Liquidity is the life blood...

The next market setup is the ICC ruling (case dismissed is the event I'm looking for). Prepare for this to profit from that event.

For now I expect NSE20 to range between 4700 and 5100. Sideways action aka range bound aka consolidation aka boring price action - neither here or there.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#2943 Posted : Thursday, April 04, 2013 6:24:58 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Turnover declined to
Kes.440M from the previous session’s Kes577M.
The number of shares traded stood at 23M against 27M posted yesterday.

The NSE 20 Share Index shed 43.96 points to stand at 4975.77.
All Share Index (NASI) closed 0.94 points lower to stand at 120.45.
GOD BLESS YOUR LIFE
dunkang
#2944 Posted : Thursday, April 04, 2013 6:59:15 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831

Receive with simplicity everything that happens to you.” ― Rashi

Pesa Nane
#2945 Posted : Thursday, April 04, 2013 8:09:25 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
hisah wrote:


....At 5000 NSE20 is way ahead. We need a lot of liquidity to flood in and I hope the new Fin Min will implement some of my suggestions to keep the bull on. If treasury chooses austerity without a mix of stimulation in manufacturing and consumption those talking of 5400 will just be that - just a talk... 5000 - 5500 zone is a resistance thicket and we need a sharp blade (heavy buy volume) to slash it down. Banks must be forced to cut lending rates. Tbills need to go below 7%. CRR needs to be cut to add strength to the liquidity flood back into the econ. The macros need to be hammered into healthy life. Who'll be the bernanke... Let's see what the national budget will present since the politics alone cannot push the econ. Liquidity is the life blood...

The next market setup is the ICC ruling (case dismissed is the event I'm looking for). Prepare for this.......


@Hisah aka Chief, are these words from a War Song??. smile smile
Pesa Nane plans to be shilingi when he grows up.
youcan'tstopusnow
#2946 Posted : Thursday, April 04, 2013 8:15:12 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Pesa Nane wrote:
hisah wrote:


....At 5000 NSE20 is way ahead. We need a lot of liquidity to flood in and I hope the new Fin Min will implement some of my suggestions to keep the bull on. If treasury chooses austerity without a mix of stimulation in manufacturing and consumption those talking of 5400 will just be that - just a talk... 5000 - 5500 zone is a resistance thicket and we need a sharp blade (heavy buy volume) to slash it down. Banks must be forced to cut lending rates. Tbills need to go below 7%. CRR needs to be cut to add strength to the liquidity flood back into the econ. The macros need to be hammered into healthy life. Who'll be the bernanke... Let's see what the national budget will present since the politics alone cannot push the econ. Liquidity is the life blood...

The next market setup is the ICC ruling (case dismissed is the event I'm looking for). Prepare for this.......


@Hisah aka Chief, are these words from a War Song??. smile smile

Laughing out loudly
GOD BLESS YOUR LIFE
obiero
#2947 Posted : Thursday, April 04, 2013 8:35:52 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
youcan'tstopusnow wrote:
Pesa Nane wrote:
hisah wrote:


....At 5000 NSE20 is way ahead. We need a lot of liquidity to flood in and I hope the new Fin Min will implement some of my suggestions to keep the bull on. If treasury chooses austerity without a mix of stimulation in manufacturing and consumption those talking of 5400 will just be that - just a talk... 5000 - 5500 zone is a resistance thicket and we need a sharp blade (heavy buy volume) to slash it down. Banks must be forced to cut lending rates. Tbills need to go below 7%. CRR needs to be cut to add strength to the liquidity flood back into the econ. The macros need to be hammered into healthy life. Who'll be the bernanke... Let's see what the national budget will present since the politics alone cannot push the econ. Liquidity is the life blood...

The next market setup is the ICC ruling (case dismissed is the event I'm looking for). Prepare for this.......


@Hisah aka Chief, are these words from a War Song??. smile smile

Laughing out loudly

And now that it is confirmed our dear county governments will remain without financial allocation upto July 2013, expect the markets to dip further with index settling circa 4800 in next few weeks

KQ ABP 4.26
Aguytrying
#2948 Posted : Friday, April 05, 2013 8:49:59 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@pesa naneLaughing out loudly .. Its always a war. At 3000 points it was a war too, and came out with victory that time.
The investor's chief problem - and even his worst enemy - is likely to be himself
MoneyMonger
#2949 Posted : Friday, April 05, 2013 10:03:17 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
Hi Wazuans,
mystocks.co.ke is indicating the the market is closed,and i think its awkward given it is past 10am. Am I getting the right picture? or my browser is drunk?
There is nothing as dangerous as an Idea, when there is only one Idea
mwekez@ji
#2950 Posted : Friday, April 05, 2013 10:19:56 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
MoneyMonger wrote:
Hi Wazuans,
mystocks.co.ke is indicating the the market is closed,and i think its awkward given it is past 10am. Am I getting the right picture? or my browser is drunk?


mystocks are having problems today coz am on the same page with you. however, the market is very open
569 Pages«<293294295296297>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.