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Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 10/11/2006 Posts: 2,304
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S & P 400 The Real Reason Stocks Just Turned VolatileIt pays to familiarize yourself with classic Elliott wave chart formations linkConventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. 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.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Spikes wrote:sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! Nigeria officially in recession.. Good news for NSE
KQ ABP 4.26
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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obiero wrote:Spikes wrote:sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! Nigeria officially in recession.. Good news for NSE over relying on crude revenue we may be making noise but our economy is more diversified "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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mlennyma wrote:obiero wrote:Spikes wrote:sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! Nigeria officially in recession.. Good news for NSE over relying on crude revenue we may be making noise but our economy is more diversified True. Boko Haram has also not helped.. Plus SA is also on the way down. Kenya is on the way up!
KQ ABP 4.26
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Rank: New-farer Joined: 9/12/2014 Posts: 31
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obiero wrote:Spikes wrote:sparkly wrote:mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. Are you talking of the index or specific stocks? As far as I am concerned some stocks are in basement level while some like Safaricom, EABL are trading at premium and are unlikely to just collapse. When Safaricom, BAT, Jubilee, EABL start tanking there shall be nowhere to hide once your portfolio is smoked out! Nigeria officially in recession.. Good news for NSE It all depends whether you are in the market as a trader, speculator or a long term investor. For a long term investor I think the future outlook of a company based on its economic moat is enough to guide your investment behavior; buy less when prices go up, buy more when prices dip as is happening now. Low index levels (NASI, N20I, N25I etc.) do not mean the end of the market; they never have and never will. The market always resuscitates from the bottom and heads north again...and nobody knows where the bottom lies.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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mnandii wrote:As I've maintained, DO NOT be long stocks at this juncture. There is no bottom anywhere in sight. When the Jaws of Death pattern closes on the dow jones it moves all the way to 6000 which is the lower jaw line. NSE front-running
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:hisah wrote:NSE20 silently pops above 3200. The real test will be 3500 where it fell from the cliff to the low at 3123. Graham's law now in effect this not free market. its moderately regulated n may most likely not obey the law. ,Behold, a sower went forth to sow;....
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Elliott Wave Analysis Of The NSE 20
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