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Scubidu
#11 Posted : Monday, January 25, 2010 10:03:45 AM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
Kishindo. No comment on Kenol trading - haven't looked at the graph. Interesting thing is I read that they were to be paid Sh4.6 bn by KPC over breach of contract. I thinks that's what caused the market stur last week.

Most of the predictions are backfiring. Mumias up and KQ down. Well we can't get everything right.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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guru267
#12 Posted : Monday, January 25, 2010 1:40:29 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
there are no sellers for KQ but demand will start to wane as well cos it doesnt have much more upside from here this year...

tho i cud be wrongThink
Mark 12:29
Deuteronomy 4:16
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drake
#13 Posted : Tuesday, January 26, 2010 2:15:32 AM
Rank: Member

Joined: 8/8/2009
Posts: 170
@ Scubidu

I'm not surprised your predictions are "backfiring"....however, technical analysis works surprisingly well in frontier markets. IMO lose all that BB & %KS crap and concentrate on DMA, Volume & Level 2 activity.

If you're really serious about getting your TA edumacation ....& you're considering emigration...

http://www.mta.org/eweb/StartPage.aspx

~ 80 Grand

@ Jammo & Scubidu
Which is a bigger hedge fund? JPM or GS. The Volcker Rule was announced on the 21st. Check out corresponding activity on these two stocks since then.

JPM
http://www.google.com/fi...lient=ob&q=NYSE:JPM

GS
http://www.google.com/fi...client=ob&q=NYSE:GS

And now...check out Short Interest on both stocks. Some lucky (clever?) bastard made a killing!

JPM
http://money.cnn.com/quo..._interest.html?symb=JPM

http://finance.aol.com/c.../jpm/nys/short-interest

GS
http://money.cnn.com/quo...t_interest.html?symb=GS

http://finance.aol.com/c...c/gs/nys/short-interest

@ guru267

To quote Keynes....

"....When I can persuade the Board of my Insurance Company to buy a share, that, I am learning from experience, is the right moment for selling it."
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Scubidu
#14 Posted : Tuesday, January 26, 2010 6:42:43 AM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
@Drake. I gather you have some experience doing tech. so why aren't you surprized that the predictions are "backfiring"? And why should we ignore indicators like BB & %K?

DMA (50, 100, 200) and volume are represented. Unfortunately I don't know what Level 2 activity is.

Sorry I don't follow US markets closely but I'll be sure to learn more from the links you've posted.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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kizee
#15 Posted : Tuesday, January 26, 2010 8:04:06 AM
Rank: Member

Joined: 1/9/2008
Posts: 537
U also forgot the first rule of fight club- the trend is u friend...u must use basic trend lines before anything else, then maybe some fibonacci retracements to gauge support/resistance levels..thereafter DMAS for volume u wud rather use an indicator known as ON BALANCE VOLUME(OBV)...if u dont hav it volume is ok,however wen u chek volume wat do u luk for?...in addition...tech analysis only works for liquid markets/counters...i doubt a kenol chart wud be of much help...
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Scubidu
#16 Posted : Tuesday, January 26, 2010 8:32:18 AM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
Dude the first rule of fight club is...you do not talk about it (especially on a blog). You remember what happens when u break this rule...we gotta get your ba...!

I don't know the first thing about OBV or fibonacci, but will investigate. The indicators I used are normally on the stockschart.com site. It seems that everyone has a different perspective, but from the looks of this, it hard for anyone to make any kind of reading from any of the graphs.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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kizee
#17 Posted : Tuesday, January 26, 2010 10:19:02 AM
Rank: Member

Joined: 1/9/2008
Posts: 537
as i said...first learn to interprate trends...stick to basics...there are only 3 trends up down or sideways
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VituVingiSana
#18 Posted : Tuesday, January 26, 2010 10:38:47 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
The only truly liquid stocks on NSE are Safaricom & Equity.

What else would you add?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mukiha
#19 Posted : Tuesday, January 26, 2010 12:05:08 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Equity
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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kizee
#20 Posted : Tuesday, January 26, 2010 12:23:30 PM
Rank: Member

Joined: 1/9/2008
Posts: 537
KCB Mumias kengen
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