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How to tell NSE has topped/Maxed out.
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:hisah wrote:Britam - 2yr chart shows strong rejection from the 40/- zone level. Chartists will tell that the coming correction will not be gentle...  Equity - 2yr chart says thin sim or no thin sim, upside is very limited!  Centum - 2yr chart. This is my favourite coz it's such a nice selloff bazooka cocktail which will leave serious hangover side-effects for late the party-goers. Best bull trap setup at the NSE so far!  I will be waiting for those lessons learnt tales. And they'll be plenty as the trapped realize the pretty shiny golden handcuffs just work like the normal handcuffs.  @murchr, I never thought this would last this long! It's almost 2 years since 26/9/2014... The overall market party mood has shuttered as the nasty hangover resets the wild party. Mr market has now overextended the lessons 
As a reminder markets always go against the crowd.
The extreme sentiments being generated by this rate cap bill, is the energy springboard needed to flip things over against the crowd... Stay focussed as the market magicians start staging a new show, whether the bill is signed or not! Who would have thought? Britam at 40 in 2014 would be trading at 12 in 2016; Equity then at 60 would be trading at 30s  exit points missed by many. The interest rate bill plus elections clouds are causing too much uncertainty even wazua is now boring. I have not seen too many land for sale posts oflate. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:hisah wrote:Britam - 2yr chart shows strong rejection from the 40/- zone level. Chartists will tell that the coming correction will not be gentle... Equity - 2yr chart says thin sim or no thin sim, upside is very limited! Centum - 2yr chart. This is my favourite coz it's such a nice selloff bazooka cocktail which will leave serious hangover side-effects for late the party-goers. Best bull trap setup at the NSE so far! I will be waiting for those lessons learnt tales. And they'll be plenty as the trapped realize the pretty shiny golden handcuffs just work like the normal handcuffs. @murchr, I never thought this would last this long! It's almost 2 years since 26/9/2014... The overall market party mood has shuttered as the nasty hangover resets the wild party. Mr market has now overextended the lessons
As a reminder markets always go against the crowd.
The extreme sentiments being generated by this rate cap bill, is the energy springboard needed to flip things over against the crowd... Stay focussed as the market magicians start staging a new show, whether the bill is signed or not! I remember a wazuan named mukiri. He criticised you and basically said not gonna happen. Thats when banks valuations were sky high. I agree with you, interest bill or no interest bill. Eelction year or not. the bull will just turn up. Im not waiting... The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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enyands wrote:Spikes wrote:hisah wrote:hisah wrote:Britam - 2yr chart shows strong rejection from the 40/- zone level. Chartists will tell that the coming correction will not be gentle... Equity - 2yr chart says thin sim or no thin sim, upside is very limited! Centum - 2yr chart. This is my favourite coz it's such a nice selloff bazooka cocktail which will leave serious hangover side-effects for late the party-goers. Best bull trap setup at the NSE so far! I will be waiting for those lessons learnt tales. And they'll be plenty as the trapped realize the pretty shiny golden handcuffs just work like the normal handcuffs. @murchr, I never thought this would last this long! It's almost 2 years since 26/9/2014... The overall market party mood has shuttered as the nasty hangover resets the wild party. Mr market has now overextended the lessons
As a reminder markets always go against the crowd.
The extreme sentiments being generated by this rate cap bill, is the energy springboard needed to flip things over against the crowd... Stay focussed as the market magicians start staging a new show, whether the bill is signed or not! Who are these market magicians you have been trumpeting about all along? @Spikes hisah is one of most respectable wazuan.we owe him respect alot. Address him with caution since he won't engage in muddling habits of fight back but will tell you the do's and donts for your success. I never heed his advise of cash is king instead I'm burning with 500k loss in bear. But I'm wiser now because of people like him As a business correspondent I am obliged to ask hard questions. I respect @hisah for his level of analysis too. You remember the lunatic theory he orchestrated some months ago when banking climate was relatively stable has come to pass amid uncertainty on interest caps. The ball is tossed to the president desk as of now. Even my KQ arch rival @obiero I respect him equally. I respect everyone in Wazua coz I am learning a lot from everybody here! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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murchr wrote:hisah wrote:hisah wrote:Britam - 2yr chart shows strong rejection from the 40/- zone level. Chartists will tell that the coming correction will not be gentle... Equity - 2yr chart says thin sim or no thin sim, upside is very limited! Centum - 2yr chart. This is my favourite coz it's such a nice selloff bazooka cocktail which will leave serious hangover side-effects for late the party-goers. Best bull trap setup at the NSE so far! I will be waiting for those lessons learnt tales. And they'll be plenty as the trapped realize the pretty shiny golden handcuffs just work like the normal handcuffs. @murchr, I never thought this would last this long! It's almost 2 years since 26/9/2014... The overall market party mood has shuttered as the nasty hangover resets the wild party. Mr market has now overextended the lessons
As a reminder markets always go against the crowd.
The extreme sentiments being generated by this rate cap bill, is the energy springboard needed to flip things over against the crowd... Stay focussed as the market magicians start staging a new show, whether the bill is signed or not! Who would have thought? Britam at 40 in 2014 would be trading at 12 in 2016; Equity then at 60 would be trading at 30s exit points missed by many. The interest rate bill plus elections clouds are causing too much uncertainty even wazua is now boring. I have not seen too many land for sale posts oflate. A reset in all of real estate, banking sector and the KE economy is afoot. The rate bill and election can only hasten or delay the process but are not game changers by themselves. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Bottom not in sight. Banks still having liquidity issues and CBK cannot touch cbr for fear of reawakening the USD bulls......remember the huge debt stockpiles in USD ..ref Eurobond, SGRs etc? Remember the ChaseBank and Imperial bank debacle which have sucked about KES150B from circulation? Remember the people in charge? Cherry picking is the name of the game. Div stocks will reign supreme  :d/ @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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hisah wrote:hisah wrote:Britam - 2yr chart shows strong rejection from the 40/- zone level. Chartists will tell that the coming correction will not be gentle... Equity - 2yr chart says thin sim or no thin sim, upside is very limited! Centum - 2yr chart. This is my favourite coz it's such a nice selloff bazooka cocktail which will leave serious hangover side-effects for late the party-goers. Best bull trap setup at the NSE so far! I will be waiting for those lessons learnt tales. And they'll be plenty as the trapped realize the pretty shiny golden handcuffs just work like the normal handcuffs. @murchr, I never thought this would last this long! It's almost 2 years since 26/9/2014... The overall market party mood has shuttered as the nasty hangover resets the wild party. Mr market has now overextended the lessons
As a reminder markets always go against the crowd.
The extreme sentiments being generated by this rate cap bill, is the energy springboard needed to flip things over against the crowd... Stay focussed as the market magicians start staging a new show, whether the bill is signed or not! WORD @SufficientlyP
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Aguytrying wrote:hisah wrote:hisah wrote:Britam - 2yr chart shows strong rejection from the 40/- zone level. Chartists will tell that the coming correction will not be gentle... Equity - 2yr chart says thin sim or no thin sim, upside is very limited! Centum - 2yr chart. This is my favourite coz it's such a nice selloff bazooka cocktail which will leave serious hangover side-effects for late the party-goers. Best bull trap setup at the NSE so far! I will be waiting for those lessons learnt tales. And they'll be plenty as the trapped realize the pretty shiny golden handcuffs just work like the normal handcuffs. @murchr, I never thought this would last this long! It's almost 2 years since 26/9/2014... The overall market party mood has shuttered as the nasty hangover resets the wild party. Mr market has now overextended the lessons
As a reminder markets always go against the crowd.
The extreme sentiments being generated by this rate cap bill, is the energy springboard needed to flip things over against the crowd... Stay focussed as the market magicians start staging a new show, whether the bill is signed or not! I remember a wazuan named mukiri. He criticised you and basically said not gonna happen. Thats when banks valuations were sky high. I agree with you, interest bill or no interest bill. Eelction year or not. the bull will just turn up. Im not waiting...  That dude @Mukiri is MIA he must have gone to Timbuktu. Anyway, i dont think we've seen the bottom yet. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Sufficiently Philanga....thropic wrote:Bottom not in sight. Banks still having liquidity issues and CBK cannot touch cbr for fear of reawakening the USD bulls......remember the huge debt stockpiles in USD ..ref Eurobond, SGRs etc? Remember the ChaseBank and Imperial bank debacle which have sucked about KES150B from circulation? Remember the people in charge? Cherry picking is the name of the game. Div stocks will reign supreme :d/ Dividend yield is my new religion. Each of the few picks I am adding has a yield ranging from 3 to 7.xy percent. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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murchr wrote:Aguytrying wrote:hisah wrote:hisah wrote:Britam - 2yr chart shows strong rejection from the 40/- zone level. Chartists will tell that the coming correction will not be gentle... Equity - 2yr chart says thin sim or no thin sim, upside is very limited! Centum - 2yr chart. This is my favourite coz it's such a nice selloff bazooka cocktail which will leave serious hangover side-effects for late the party-goers. Best bull trap setup at the NSE so far! I will be waiting for those lessons learnt tales. And they'll be plenty as the trapped realize the pretty shiny golden handcuffs just work like the normal handcuffs. @murchr, I never thought this would last this long! It's almost 2 years since 26/9/2014... The overall market party mood has shuttered as the nasty hangover resets the wild party. Mr market has now overextended the lessons
As a reminder markets always go against the crowd.
The extreme sentiments being generated by this rate cap bill, is the energy springboard needed to flip things over against the crowd... Stay focussed as the market magicians start staging a new show, whether the bill is signed or not! I remember a wazuan named mukiri. He criticised you and basically said not gonna happen. Thats when banks valuations were sky high. I agree with you, interest bill or no interest bill. Eelction year or not. the bull will just turn up. Im not waiting... That dude @Mukiri is MIA he must have gone to Timbuktu. Anyway, i dont think we've seen the bottom yet. Ha ha. Yeah he was so critical. It's like he was on a bull crusade against senior chartist The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Sufficiently Philanga....thropic wrote:dunkang wrote:hisah wrote:I started the bottomed out thread on July 13, 2011 when the market was skidding with no brakes and felt endless. You are on the right track about topping out if you read the bottomed out 1st post. I have been bearish this market since Nov 2013 while the market has continued to meltup. I closely follow Mpesa bank and it has proved to be a reliable signal since its IPO debut. The likes of @mukiri has been throwing stones at me for being the party spoiler with my never appearing sizable market selloff. False prophesy etc NSE20 has the buying climax symptoms across many counters. When crappy stocks (very small caps) rally on endless price gaps on small volume, the market has run out of quality picks! @hisa, you have been singing this climax song for soooo looong, remember you sold SafCom at 5.80/-, didn't you? I dare say, lets throw away all the valuation b.s and swim with the tide!!! True but remember, the trend is your friend except at the end when it bends - Ed SeykotaAnd we could be right at the end of that trend.Yesterday's NSE close of 5406 could as well be the top. Today, we were down 29 points. The top will be confirmed by week close. Watch out for the divergence, what @Hisah calls price gaps which have to be filled. Don't write him off as yet. As i finish, most of this bull run you are seeing has been due to foreign buys. When the FED ups its cbr from 0.25 by mid June next year, the correction will be one to watch! Locally, CBK has begun the excess liquidity mop up to tame the KES pressure. Higher interest rates are on the way. A shift to fixed income will follow. #Staytuned Calling on Duncan ..................exactly 1 year 11 months ago and the market was awash with liquidity. We all know what happened to KES, and by extension, the NSE exactly an year afterwards. @SufficientlyP
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