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How to tell NSE has bottomed out
Boris Boyka
#5441 Posted : Friday, April 22, 2016 9:05:04 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
hisah wrote:
murchr wrote:
hisah wrote:
mlennyma wrote:
hisah wrote:
murchr wrote:
NSE20 might hit 4000 next week

BAT, KEGN, BRIT and ARM pulled the NSE20 to close at 4010.

so ?what's next

Nothing special. I was just pointing it out to @murchr.


Its my psychological mark of optimism. I will be collecting gems.

And what's with Kengen?

It's trying to base out. Heavy volume came in Jan and Feb at around 5.50 - 6.50 level and the reversal started. If it were not for the huge rights issue overhang I'd have started accumulating. On TA it's now approaching tough resistance zone between 9 - 10 level. This level will likely reject the bulls.

Manipulation to have a better rights price so as to reach the cash target.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
mlennyma
#5442 Posted : Friday, April 22, 2016 9:15:47 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Boris Boyka wrote:
hisah wrote:
murchr wrote:
hisah wrote:
mlennyma wrote:
hisah wrote:
murchr wrote:
NSE20 might hit 4000 next week

BAT, KEGN, BRIT and ARM pulled the NSE20 to close at 4010.

so ?what's next

Nothing special. I was just pointing it out to @murchr.


Its my psychological mark of optimism. I will be collecting gems.

And what's with Kengen?

It's trying to base out. Heavy volume came in Jan and Feb at around 5.50 - 6.50 level and the reversal started. If it were not for the huge rights issue overhang I'd have started accumulating. On TA it's now approaching tough resistance zone between 9 - 10 level. This level will likely reject the bulls.

Manipulation to have a better rights price so as to reach the cash target.

if it were not for the rights, it could be trading not less than 18bob in a bear
"Don't let the fear of losing be greater than the excitement of winning."
mlennyma
#5443 Posted : Thursday, April 28, 2016 12:21:50 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Alot of red when i thought the break to 4000 holds water,this rain is relentless
"Don't let the fear of losing be greater than the excitement of winning."
Spikes
#5444 Posted : Thursday, April 28, 2016 1:02:10 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mlennyma wrote:
Alot of red when i thought the break to 4000 holds water,this rain is relentless



The entire economy is very liquid expect a rebound anytime from now!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Impunity
#5445 Posted : Thursday, April 28, 2016 1:36:01 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Spikes wrote:
mlennyma wrote:
Alot of red when i thought the break to 4000 holds water,this rain is relentless



The entire economy is very liquid expect a rebound anytime from now!


It should hit sub-4000!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

mlennyma
#5446 Posted : Thursday, April 28, 2016 1:39:19 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Impunity wrote:
Spikes wrote:
mlennyma wrote:
Alot of red when i thought the break to 4000 holds water,this rain is relentless



The entire economy is very liquid expect a rebound anytime from now!


It should hit sub-4000!

we are already sub 4k
"Don't let the fear of losing be greater than the excitement of winning."
Spikes
#5447 Posted : Thursday, April 28, 2016 1:46:06 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Impunity wrote:
Spikes wrote:
mlennyma wrote:
Alot of red when i thought the break to 4000 holds water,this rain is relentless



The entire economy is very liquid expect a rebound anytime from now!


It should hit sub-4000!



Yesterday it hit sub 4000.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Fyatu
#5448 Posted : Friday, April 29, 2016 12:35:06 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Has the bear returned to the woods? I have been seeing green especially on insurance stocks? Are we out of the bear?...actually the question should be...is the bull around the corner?
Dumb money becomes dumb only when it listens to smart money
mlennyma
#5449 Posted : Friday, April 29, 2016 1:25:48 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Fyatu wrote:
Has the bear returned to the woods? I have been seeing green especially on insurance stocks? Are we out of the bear?...actually the question should be...is the bull around the corner?

the 91 t-bill is at a mere 8.5 !!!!where are people putting their money? ??
"Don't let the fear of losing be greater than the excitement of winning."
Fyatu
#5450 Posted : Friday, April 29, 2016 1:36:21 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
mlennyma wrote:
Fyatu wrote:
Has the bear returned to the woods? I have been seeing green especially on insurance stocks? Are we out of the bear?...actually the question should be...is the bull around the corner?

the 91 t-bill is at a mere 8.5 !!!!where are people putting their money? ??


Obviously in stocks...or broti's
Dumb money becomes dumb only when it listens to smart money
569 Pages«<543544545546547>»
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