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Elliott Wave Analysis Of The NSE 20
mnandii
#671 Posted : Wednesday, August 19, 2015 4:21:15 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#672 Posted : Wednesday, August 19, 2015 4:25:43 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
bird_man wrote:
sparkly wrote:
instinct wrote:
Dear experts are we still in a bear market? There seems to be a lul all over..no more big losses and a few gains here and there


I take the approach of staying invested in good value counters rather than timing the market. There will always be underpriced shares and overpriced shares. That said, I expect further discounts in the financials and Mpesa.


@Sparkly, do you expect lower pricing on KCB & EQTY?


As suggested in my last post, the NSE 20 as it stands Elliott-Wave-wise should have one more final bull-run before the BIG fall. Am watching the index keenly and will post with new information as and when warranted.

Bottom line, I expect the 4906 level to be taken out soon.

Best.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#673 Posted : Wednesday, August 19, 2015 5:01:45 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
bird_man wrote:
sparkly wrote:
instinct wrote:
Dear experts are we still in a bear market? There seems to be a lul all over..no more big losses and a few gains here and there


I take the approach of staying invested in good value counters rather than timing the market. There will always be underpriced shares and overpriced shares. That said, I expect further discounts in the financials and Mpesa.


@Sparkly, do you expect lower pricing on KCB & EQTY?


As suggested in my last post, the NSE 20 as it stands Elliott-Wave-wise should have one more final bull-run before the BIG fall. Am watching the index keenly and will post with new information as and when warranted.

Bottom line, I expect the 4906 level to be taken out soon.

Best.


And, eerrh, it's safe to say 4317.23 low hit on 5th August, 2015, is a strong support and should not be violated any time soon.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
lochaz-index
#674 Posted : Wednesday, August 19, 2015 5:32:01 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
I don't think there is much upside to the market left. The lull currently in play is more like a sectional /counter by counter pump and dump before we head lower. Achieving any significant uplift to the market would be too taxing on anyone since the fundies are in the dumps.

Round two of cbr hikes in the works.

The main purpose of the stock market is to make fools of as many people as possible.
mnandii
#675 Posted : Wednesday, August 19, 2015 9:17:12 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
EWI on China.



“Preview” of what to expect next for Chinese stocks: Government intervention continues to buy stocks in Shanghai. In the long-term battle between governments and markets, our bet is with markets. The 4170 level of the upper daily Keltner channel is expected to contain this corrective rally in Shanghai. Get FREE market insights delivered straight to your inbox >> http://bit.ly/1hpvoFo
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#676 Posted : Wednesday, August 19, 2015 9:22:19 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
lochaz-index wrote:
I don't think there is much upside to the market left. The lull currently in play is more like a sectional /counter by counter pump and dump before we head lower. Achieving any significant uplift to the market would be too taxing on anyone since the fundies are in the dumps.

Round two of cbr hikes in the works.



Prechter states this about Elliott Waves:

The most useful Elliott Wave pattern predictions are ones which no-one else expects.

As it stands now, almost no one here at Wazua is talking for any upside to the NSE Index. Time will tell.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#677 Posted : Thursday, August 20, 2015 5:49:17 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#678 Posted : Thursday, August 20, 2015 9:09:12 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Quote:
Submitted by Mike Krieger via Liberty Blitzkrieg blog,

I simply cannot stress enough how important Greece is to freedom, liberty and civilization across the globe. Greece is not a one-off, or merely a small nation in big trouble that holds little relevance for the rest of us. Greece is everything.

What is happening to Greece follows the exact same game plan of what will eventually happen to every other supposedly sovereign nation. First there is an explosion of debt. Then a crisis. Then a bailout. Then creditor imposed hardship is forced upon the average population, in conjunction with unlimited bailouts for the bankers and other oligarch criminals. Finally, when a public which mistakenly believes it is living in a democracy exercises its right to national sovereignty, the sad truth is exposed. They are not a people living under a free political system.

It is precisely because Greece has progressed further along than any other Western nation into this neo-feudal hellhole, that it presents an incredible opportunity for resistance, The Greeks, quite literally, must fight for their very lives. Having been pushed into a corner, they will be forced to experiment in myriad ways if they desire to escape the criminal oligarch vortex in one piece.


Source
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Muthawamunene
#679 Posted : Thursday, August 20, 2015 1:23:12 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
Lakini leo market kunakaa ku-nasty. Will mbesha be able to prop up the slide on 20 share index? Lets wait for 4 pm and see.
sparkly
#680 Posted : Thursday, August 20, 2015 1:41:15 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mnandii wrote:
lochaz-index wrote:
I don't think there is much upside to the market left. The lull currently in play is more like a sectional /counter by counter pump and dump before we head lower. Achieving any significant uplift to the market would be too taxing on anyone since the fundies are in the dumps.

Round two of cbr hikes in the works.



Prechter states this about Elliott Waves:

The most useful Elliott Wave pattern predictions are ones which no-one else expects.

As it stands now, almost no one here at Wazua is talking for any upside to the NSE Index. Time will tell.


The upside will come and when it comes we shall be fully invested and waiting smile.
Life is short. Live passionately.
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