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How to tell NSE has bottomed out
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eggnest
#2951 Posted : Friday, April 05, 2013 10:27:20 AM
Rank: New-farer

Joined: 5/11/2011
Posts: 48
mwekez@ji wrote:
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


cfc activelite too :(
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hisah
#2952 Posted : Friday, April 05, 2013 11:34:38 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
eggnest wrote:
mwekez@ji wrote:
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


cfc activelite too :(

Activelite has been working for me since market open.

You can also view the market using Rich Live - http://goo.gl/Sm0QT

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2953 Posted : Friday, April 05, 2013 11:38:06 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
@pesa naneLaughing out loudly .. Its always a war. At 3000 points it was a war too, and came out with victory that time.

Yep, I remember that war. 3030 was the line in the sand and it was a 10yr support trendline. Had that broken down, it would have taken wanjikus a long time to ever look at the market let alone participate again!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2954 Posted : Friday, April 05, 2013 3:24:37 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Sideways action today on the FTSE NSE indices. NSE20 will likely close flat i.e. around yesterday's metric of 4975 - 4990. If NSE20 closes @4975 it will be 2.3% up for the week.

The FTSE NSE indices still have a gap from last Friday's open, I expect this to be filled next week as consolidation continues.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2955 Posted : Friday, April 05, 2013 5:05:54 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
NSE wrote:
Turnover for the four-day trading week declined to Kes.2.51bn from the previous week’s Kes.2.55bn. The number of shares traded stood at 158M against 112M posted the previous week.

The NSE 20 Share Index was up 2.57% during the week to stand at 4985.68 points.

All Share Index (NASI) was up 2.32% during the week to settle at 120.65 points.


Closes the week below 5000 after briefly reclaiming it after almost 5yrs.


update - coincidentally today's close (4985) after euphoria 2 is where the market topped out during euphoria 1.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mwekez@ji
#2956 Posted : Saturday, April 06, 2013 11:09:58 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
NSE wrote:
Turnover for the four-day trading week declined to Kes.2.51bn from the previous week’s Kes.2.55bn. The number of shares traded stood at 158M against 112M posted the previous week.

The NSE 20 Share Index was up 2.57% during the week to stand at 4985.68 points.

All Share Index (NASI) was up 2.32% during the week to settle at 120.65 points.


Closes the week below 5000 after briefly reclaiming it after almost 5yrs.


update - coincidentally today's close (4985) after euphoria 2 is where the market topped out during euphoria 1.


Am in the school of thought that the euphoria 2 correction should be shallow and 2013 will be a bull, just like 2012 #MadeMoney2012 #MakingMoney2013
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mwekez@ji
#2957 Posted : Saturday, April 06, 2013 11:12:59 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Coming up, another 4 day trading week with a likely euphoria 3 #MakingMoney2013
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Sufficiently Philanga....thropic
#2958 Posted : Saturday, April 06, 2013 11:17:45 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
mwekez@ji wrote:
Coming up, another 4 day trading week with a likely euphoria 3 #MakingMoney2013

Amen!
@SufficientlyP
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mwekez@ji
#2959 Posted : Saturday, April 06, 2013 11:24:41 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Sufficiently Philanga....thropic wrote:
mwekez@ji wrote:
Coming up, another 4 day trading week with a likely euphoria 3 #MakingMoney2013

Amen!
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mwekez@ji
#2960 Posted : Saturday, April 06, 2013 11:27:40 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Interesting, 2009 + 2010 (Bull); 2011 (Bear); 2012 + 2013 (Bull)
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569 Pages«<294295296297298>»
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