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Elliott Wave Analysis Of The NSE 20
mnandii
#1201 Posted : Monday, November 09, 2015 9:46:03 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
kasibitta wrote:
snipermnoma wrote:
mnandii wrote:
Most people who have 'made it' in Kenya believe that they are above politics. That is okey but you should know that the political situation in a country determines the kind of life you live. Socionomists have determined that a large bear market in stocks portends violent behaviour and even major wars. I have stated this before and will state it again. If our stock market fall sufficiently strongly (e.g. below 3000) the you should prepare for disruptions caused by war/violent clashes. None other than the Chief Justice of the Republic has warned of the possibility of a return to violent clashes. Heed him! Politicians are already whipping their people into line this early (when the NSE has fallen from a high of 5500 to about 3800). This violent clash that I foresee will be worse than the 2007-2008 one.

Of course there are people who still don't believe in Elliott Waves (and by extension Socionomics). The best advice I can give is for such people to read the Elliott Wave Principle (it is only about 250 pages) and then keenly follow markets and 'see' if they don't really apply. Arguing with @mnandii will not help you. You managed to be where you are through study. Extend that effort into a new area and see the world differently!


I have been reading the book for about two months, it has been quite fascinating. This socionomics thing is growing on me. @mnandii kwani there is a 250 page version? Which one is that? My copy of "The wave principle of human social behavior and the new science of socionomics" is 463 pages and I am less than half way through. I read a few pages a get a new concept and I'm off validating it only to remember...oh the book, I need to go back and read some more! So it has been back and forth read, validate, read validate...sijui when I will finish the book.


Where in Nairobi can i get the book.Quote the bookshop.I like physical copies



Applause For reading The Wave Principle of Human Social Behaviour to halfway within two months! I took longer. Anyway the book you are reading is the introduction to Socionomics maening you are already into advanced things. smile

The 'basic' book I talk about is The Elliott Wave Principle: Key to Market Behaviour By Prechter and Frost. I don't think you can get it in Nairobi (in physical form). Order via Amazon and meanwhile as you wait for it to arrive, you can download the pdf copy which is freely available on the internet. You will find lots of resources on Elliott Waves at www.elliottwave.com when you sign up for the club account. To get you upto speed quickly you can download the 3.1 Gb torrent file {Elliott+wave+educational+video+series}

Pray I hope I will not be sued!!
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.
kasibitta
#1202 Posted : Monday, November 09, 2015 9:53:48 AM
Rank: Member

Joined: 2/7/2014
Posts: 155
@Mnandii....Mucha gracious.Thankyou
mnandii
#1203 Posted : Monday, November 09, 2015 10:03:35 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
kasibitta wrote:
@Mnandii....Mucha gracious.Thankyou


smile

Poa.
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
#1204 Posted : Monday, November 09, 2015 10:06:35 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Spikes wrote:
@mnandii I agree with you absolutely! If you never loved Math right from High School it is very difficult to understand the realities of Elliot Wave Principle. Imagine I partially discovered Elliot Wave before even knowing whether it exists. Which means it is real.


Applause

Great!
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
#1205 Posted : Monday, November 09, 2015 10:10:23 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Something called REITS is coming up for buying soon. I think Prechter describes them as the worst form of investments ever.
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.
streetwise
#1206 Posted : Monday, November 09, 2015 10:52:36 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
What is the narrative , why does he say that it is the worst form of investment
mnandii
#1207 Posted : Monday, November 09, 2015 11:27:51 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
streetwise wrote:
What is the narrative , why does he say that it is the worst form of investment


Usually results in losses because they are introduced just about the time when real estate bubble is about to burst.
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
#1208 Posted : Monday, November 09, 2015 11:44:50 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
As Elliotticians we are interested in Charts. If you have a long term chart of any data pls upload so that we analyse it. Wazuans will get a big surprise when they see how fundamental Elliott Waves are. Long term charts of economic data, stock index, interest rates, real estate index etc.
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.
Liv
#1209 Posted : Monday, November 09, 2015 1:35:02 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
mnandii wrote:
Most people who have 'made it' in Kenya believe that they are above politics. That is okey but you should know that the political situation in a country determines the kind of life you live. Socionomists have determined that a large bear market in stocks portends violent behaviour and even major wars. I have stated this before and will state it again. If our stock market fall sufficiently strongly (e.g. below 3000) the you should prepare for disruptions caused by war/violent clashes. None other than the Chief Justice of the Republic has warned of the possibility of a return to violent clashes. Heed him! Politicians are already whipping their people into line this early (when the NSE has fallen from a high of 5500 to about 3800). This violent clash that I foresee will be worse than the 2007-2008 one.

Of course there are people who still don't believe in Elliott Waves (and by extension Socionomics). The best advice I can give is for such people to read the Elliott Wave Principle (it is only about 250 pages) and then keenly follow markets and 'see' if they don't really apply. Arguing with @mnandii will not help you. You managed to be where you are through study. Extend that effort into a new area and see the world differently!



What a delusion?
1. Elliott waves are good at describing historical human behavior but they cannot be used to predict anything exactly. Otherwise many people would have used them to become billionaires in the world. You can't even predict where the curve will go tomorrow or where the curve will turn.

2. Whatever happens in USA cannot be assumed to happen in Africa. Human behavior is also determined and controlled by culture and environment.

3. In 2007 NSE 20 index was at its highest point in its history if I am not wrong.... That's when the country had the worse violence. Your theory above does not hold water in this case.

4. From culture and history of the tribes in Kenya..... Only 2 tribes are capable of going to war..... kikuyu and Nandi. If these 2 are not against each other, the likelihood of war is too slim..... you can take that to any bank. Your prediction of violence clashes because of a poor performing stock exchange is far fetched.
Spikes
#1210 Posted : Monday, November 09, 2015 2:51:00 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
The bear is seemingly over. Next week the rebound will be so powerful if government papers are oversubscribed this week. Jump in investors! Jump in speculators!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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