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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@hisah. I hear you loud and clear, the longer this bear lasts the more I can buy. Next bull run whenever it is, looking for x2-x3 growth. Could be my game changer after lackluster performance last time. Will safcom, BAT, EABL, equity ever fall? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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hisah wrote:snipermnoma wrote:instinct wrote:even as most remain pessimistic about a possible rally towards end of February, does it matter that some companies will report good results in March? some will announce good dividends, bonuses etc. Good question. I have noted that when pessimism grips, good news is ignored and prices stagnate or drop. Similarly when optimism grips, bad news is ignored and prices hold or increase. This bear we are in will likely ignore any good results in the next month. @sniper that's a nice way of summarizing market psychology.
Most think that since 2015 was a sell side period, the FY news expected in Q1 will change the market behaviour to the upside since we're in a new year. The reason being the market always rallies pre FY release. However, most are forgetting that the profit warnings are going to be actualized in this FY results. Why would the market rally? The sentiment is not bullish, but neither is it extremely pessimistic. For that reason this is why the market has to hit the decks again.
For a pendulum to swing you need the extreme swing ends to be reached to provide the force for the opposite swing. We're half way the bear swing. We'll reach the extreme swing end then change to the bullish swing.
Expect any rallies to be sold! In a bear market everyone is fearful and you are most likely going to land yourself a punch preaching good news than when preaching bad news. The vice versa is true in a bull market. Sharks are hungry and they need to eat and swim in the blood.  ,Behold, a sower went forth to sow;....
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:@hisah. I hear you loud and clear, the longer this bear lasts the more I can buy. Next bull run whenever it is, looking for x2-x3 growth. Could be my game changer after lackluster performance last time.
Will safcom, BAT, EABL, equity ever fall? Mpesa bank is showing signs of fatigue which were not present last year! It has spent too much time trying to break above 17 handle resistance, which was rejected in May 2015. It doesn't matter how well the rest will hold up, but when an elephant sinks everyone will feel it... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:Aguytrying wrote:@hisah. I hear you loud and clear, the longer this bear lasts the more I can buy. Next bull run whenever it is, looking for x2-x3 growth. Could be my game changer after lackluster performance last time.
Will safcom, BAT, EABL, equity ever fall? Mpesa bank is showing signs of fatigue which were not present last year! It has spent too much time trying to break above 17 handle resistance, which was rejected in May 2015. It doesn't matter how well the rest will hold up, but when an elephant sinks everyone will feel it... When will the market start tanking? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Spikes wrote:hisah wrote:Aguytrying wrote:@hisah. I hear you loud and clear, the longer this bear lasts the more I can buy. Next bull run whenever it is, looking for x2-x3 growth. Could be my game changer after lackluster performance last time.
Will safcom, BAT, EABL, equity ever fall? Mpesa bank is showing signs of fatigue which were not present last year! It has spent too much time trying to break above 17 handle resistance, which was rejected in May 2015. It doesn't matter how well the rest will hold up, but when an elephant sinks everyone will feel it... When will the market start tanking? Only the market can answer that. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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hisah wrote:Aguytrying wrote:@hisah. I hear you loud and clear, the longer this bear lasts the more I can buy. Next bull run whenever it is, looking for x2-x3 growth. Could be my game changer after lackluster performance last time.
Will safcom, BAT, EABL, equity ever fall? Ooh yes. They will fall. Only at the right time. Mpesa bank is showing signs of fatigue which were not present last year! It has spent too much time trying to break above 17 handle resistance, which was rejected in May 2015. It doesn't matter how well the rest will hold up, but when an elephant sinks everyone will feel it... Yes. After the next bull run. Every market has its seasons and cycles. PPT will guard them until a clean exit is made. Remember they rallied solidly and they are quit illiquid stocks save for mpesa. Am keenly watching MPESA for now. Any failure in breaking systems and the monkey business fall will be quite disastrous. There is alot of dust in this counter seams everyone is arm twisting the other for the scrubs. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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muandiwambeu wrote:hisah wrote:Aguytrying wrote:@hisah. I hear you loud and clear, the longer this bear lasts the more I can buy. Next bull run whenever it is, looking for x2-x3 growth. Could be my game changer after lackluster performance last time.
Will safcom, BAT, EABL, equity ever fall? Ooh yes. They will fall. Only at the right time. Mpesa bank is showing signs of fatigue which were not present last year! It has spent too much time trying to break above 17 handle resistance, which was rejected in May 2015. It doesn't matter how well the rest will hold up, but when an elephant sinks everyone will feel it... Yes. After the next bull run. Every market has its seasons and cycles. PPT will guard them until a clean exit is made. Remember they rallied solidly and they are quit illiquid stocks save for mpesa. Am keenly watching MPESA for now. Any failure in breaking systems and the monkey business fall will be quite disastrous. There is alot of dust in this counter seams everyone is arm twisting the other for the scrubs. It depends on when FY2015 results will be out .If Bob releases the results this month expect Mpesa to print 20 kes. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Spikes wrote:muandiwambeu wrote:hisah wrote:Aguytrying wrote:@hisah. I hear you loud and clear, the longer this bear lasts the more I can buy. Next bull run whenever it is, looking for x2-x3 growth. Could be my game changer after lackluster performance last time.
Will safcom, BAT, EABL, equity ever fall? Ooh yes. They will fall. Only at the right time. Mpesa bank is showing signs of fatigue which were not present last year! It has spent too much time trying to break above 17 handle resistance, which was rejected in May 2015. It doesn't matter how well the rest will hold up, but when an elephant sinks everyone will feel it... Yes. After the next bull run. Every market has its seasons and cycles. PPT will guard them until a clean exit is made. Remember they rallied solidly and they are quit illiquid stocks save for mpesa. Am keenly watching MPESA for now. Any failure in breaking systems and the monkey business fall will be quite disastrous. There is alot of dust in this counter seams everyone is arm twisting the other for the scrubs. It depends on when FY2015 results will be out . If Bob releases the results this month expect Mpesa to print 20 kes. Come on surely, you need to know the accounting periods and approximate results release dates of the firms you comment about. That is very basic starting point!!! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Member Joined: 1/31/2007 Posts: 304
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hisah wrote:Mpesa bank... Caution... The next market down leg will catch many off-guard! Pessimism does not hold forever same with optimism For now, I think we are at the deep end of pessimism and Safaricom so far has held on very well unlike other shares and add to the fact that they will be declaring record breaking profits,i clearly dont see how they will be the trigger for the next level of bearish activity..Unless you want to imply that the share is extremely overvalued
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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moneydust wrote:hisah wrote:Mpesa bank... Caution... The next market down leg will catch many off-guard! Pessimism does not hold forever same with optimism For now, I think we are at the deep end of pessimism and Safaricom so far has held on very well unlike other shares and add to the fact that they will be declaring record breaking profits,i clearly dont see how they will be the trigger for the next level of bearish activity..Unless you want to imply that the share is extremely overvalued What pe is safcom trading at? Pe of 20. It's extremely overvalued. Extremely. All this while the likes of kcb are at a pe of 7. It's like the story of an elephant on top of a tree.... The investor's chief problem - and even his worst enemy - is likely to be himself
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