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How to tell NSE has bottomed out
Cde Monomotapa
#3031 Posted : Tuesday, April 16, 2013 3:24:19 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
@cde - the kodak moment - brent below $100 while $/KES has bullied 87 to the 83s corner. ERC & oil firms facing a trump card situation while econ very happy...

Will ERC and oil firms and KPLC fairly discount their prices after such an oil crash & KES strength convergence? The discount in petro if it remains this way will be north of 7/- Nani atakubali hii discount? I'm waiting for the flimsy explanations why pump price cuts will be tiny... I'll be watching the same scenario in India too were oil sharks act funny too when huge price falls are on the cards.

They ought to understand the importance of the feed-through, though I wonder how OMCs will deal with volatility. 14th si mbali...
hisah
#3032 Posted : Tuesday, April 16, 2013 3:30:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
FTSE NSE indices finish slightly away from 1% down. NSE20 will likely also close slightly down.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#3033 Posted : Tuesday, April 16, 2013 3:47:28 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
The ZSE has caught the flu too. Index off http://wwww.zimbabwe-sto...v=1&LangID=1&s=0
Cde Monomotapa
#3034 Posted : Tuesday, April 16, 2013 4:05:47 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
[quote=Cde Monomotapa]The ZSE has caught the flu too. Index off http://wwww.zimbabwe-sto...=1&LangID=1&s=0[/quote]
How many are in agreement that the ZSE's website is thorough to the NSE's?
sparkly
#3035 Posted : Tuesday, April 16, 2013 4:19:36 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
The upside is not much, IMHO its time to take profits.
Life is short. Live passionately.
youcan'tstopusnow
#3036 Posted : Tuesday, April 16, 2013 4:30:30 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Those Q1 numbers can't come fast enough...
GOD BLESS YOUR LIFE
Aguytrying
#3037 Posted : Wednesday, April 17, 2013 8:38:13 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
How to tell the NSE has topped out?
The investor's chief problem - and even his worst enemy - is likely to be himself
mlennyma
#3038 Posted : Wednesday, April 17, 2013 8:48:55 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I dont think we can talk of market pick.if the economy will keep growing given the positive outlook,and lack of good returns in other money market fronts,we are yet to see high prices.
"Don't let the fear of losing be greater than the excitement of winning."
symbols
#3039 Posted : Wednesday, April 17, 2013 1:07:57 PM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
Aguytrying wrote:
How to tell the NSE has topped out?


I doubt we're there.
Metasploit
#3040 Posted : Wednesday, April 17, 2013 1:12:23 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
symbols wrote:
Aguytrying wrote:
How to tell the NSE has topped out?


I doubt we're there.


For Equity and KCB ,i think the music stopped.
They have been registering lower lows

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
569 Pages«<302303304305306>»
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