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Elliott Wave Analysis Of The NSE 20
Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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mlennyma wrote:Aguytrying wrote:The bottom comeS like a thief in the night. Luckily I've been buying since last year and almost stocked up Several counters recovering though I believe no bull in sight ,but the bull will return one day in a similar version by the time we realize several cows will be pregnant  kq galactic loss will cause enemas miscarriages. they r demon possessed and it will take the services of muganga mazuhuri to exorcise them vampires, others it will be too late ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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muandiwambeu wrote:mlennyma wrote:Aguytrying wrote:The bottom comeS like a thief in the night. Luckily I've been buying since last year and almost stocked up Several counters recovering though I believe no bull in sight ,but the bull will return one day in a similar version by the time we realize several cows will be pregnant kq galactic loss will cause enemas miscarriages. they r demon possessed and it will take the services of muganga mazuhuri to exorcise them vampires, others it will be too late Lol is this how you speak in real life? Life is short. Live passionately.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Waiting to see how NSE20 handles the bear pressure test at 3300 and 3460 rate shock gap down zones. The volume in the background is telling a story, which will become clear if the index breaks above 4000 in coming months! Will this be the KE Brexit parallel  NSE20 starts the month with a 1.60% gain to close at 3,295 on the back of bank stocks waking up
Still a long way to go to shake the bears, but the rate cap extreme negativity is a serious warning to the bears to watch out!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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hisah wrote:hisah wrote:Waiting to see how NSE20 handles the bear pressure test at 3300 and 3460 rate shock gap down zones. The volume in the background is telling a story, which will become clear if the index breaks above 4000 in coming months! Will this be the KE Brexit parallel NSE20 starts the month with a 1.60% gain to close at 3,295 on the back of bank stocks waking up
Still a long way to go to shake the bears, but the rate cap extreme negativity is a serious warning to the bears to watch out!
until the rate cap interest in banks effect is fully seen bank stocks won't lift this market like before "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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Election years are bullish,let me give myself hope. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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The steep drop in banking stocks has corrected in equal haste. Both were/are rushed and knee jerk at best. The dust is yet to settle. Meanwhile, safcom's market cap is stealthily approaching 50% of total market capitalization @ 0.8 trillion and 1.983 trillion respectively. The chasm between the two is growing steadily. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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lochaz-index wrote:The steep drop in banking stocks has corrected in equal haste. Both were/are rushed and knee jerk at best. The dust is yet to settle.
Meanwhile, safcom's market cap is stealthily approaching 50% of total market capitalization @ 0.8 trillion and 1.983 trillion respectively. The chasm between the two is growing steadily.
some stocks might have seen their bottom "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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lochaz-index wrote:The steep drop in banking stocks has corrected in equal haste. Both were/are rushed and knee jerk at best. The dust is yet to settle.
Investor psychology is key... The knee jerk rebound will lose steam, making way for lower lows. Life is short. Live passionately.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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The dearth of posts is deafening. The fact that it is Kq that is attracting almost all the attention says a lot. Boring market it is. Just like global markets have been after the Brexit shock. This is somewhat surprising considering the undercurrents of the last three months. Highly misleading. Q3 results should stir some much needed action. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Member Joined: 1/3/2014 Posts: 257
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lochaz-index wrote:The dearth of posts is deafening. The fact that it is Kq that is attracting almost all the attention says a lot. Boring market it is. Just like global markets have been after the Brexit shock. This is somewhat surprising considering the undercurrents of the last three months. Highly misleading.
Q3 results should stir some much needed action. Today I was asking myself how come the KQ thread is the most active, over 1 million views, 317 pages, over 6k replies. 
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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snipermnoma wrote:lochaz-index wrote:The dearth of posts is deafening. The fact that it is Kq that is attracting almost all the attention says a lot. Boring market it is. Just like global markets have been after the Brexit shock. This is somewhat surprising considering the undercurrents of the last three months. Highly misleading.
Q3 results should stir some much needed action. Today I was asking myself how come the KQ thread is the most active, over 1 million views, 317 pages, over 6k replies. @Obiero the shareholder and his disgruntled employees have kept it going In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Angelica _ann wrote:snipermnoma wrote:lochaz-index wrote:The dearth of posts is deafening. The fact that it is Kq that is attracting almost all the attention says a lot. Boring market it is. Just like global markets have been after the Brexit shock. This is somewhat surprising considering the undercurrents of the last three months. Highly misleading.
Q3 results should stir some much needed action. Today I was asking myself how come the KQ thread is the most active, over 1 million views, 317 pages, over 6k replies. @Obiero the shareholder and his disgruntled employees have kept it going Ngoja utukanwe  Life is short. Live passionately.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Watching paint dry as heavy losses consolidation takes a breather. The market is about to start moving soon. Bank 3Q results as well as mpesa bank H1 should get things going by next week. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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hisah wrote:Watching paint dry as heavy losses consolidation takes a breather. The market is about to start moving soon. Bank 3Q results as well as mpesa bank H1 should get things going by next week. Thanks for the heads up In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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The untouchable band of blue chip stocks has been whittled down to three:safcom, eabl and BAT. Equity and Kcb fell off a cliff. Market is still in a limbo trying to stay above 3000 points. More downside than upside expected. Any push below 3000 will shatter the investors' psyche for a while. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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The market is stuck in limbo. It's a good opportunity to accumulate while prices are attractive The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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NSE20 caught a bid at 3116 after the interest rate cap shock bidless central. I will name this event the IRC panic. Was the IRC a selling climax? Volume is the language of the market. IRC panic produced a huge vol spike as the bank stocks puked their guts out. Most bank stocks have not fallen sub the IRC lows while volume has dried up as the reaction bounce falls back testing for supply. If this is the setup, the market will start to change behaviour in coming months. So far the bounce has tested 3300. Break below 3000 psychological level will negate the above view that the market is forming a base. My view remains that capitulation has occurred due to the IRC panic. Even if banks report bad results, the IRC panic has BOUGHT the bad news. This will be easy to spot as bad news becomes a buy looking for green shoots! Next tough challenge is to test 3500 where the market fell off the cliff due to IRC panic. Huge gap down that needs to be filled. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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For the next shakeout I see two possibilities: a crisis in our fiscal funding or contagion from an external event. Either is strong enough to knock the stuffing out of the 3000 mark. If this gives way as I suspect it will, the winter will be long and devastating. Civil mood has decidedly turned sour of late. We might be getting into the anti-establishment mojo engulfing other nations. A relief rally is welcome but I think it will be short-lived at best. 2016 has not been exactly action packed save for the beginning of the year and the aftermath of interest capping. This pushes and extends the crisis horizon both locally and abroad to possibly include 2017 and a major part - if not all of - 2018. This would form awesome accumulation period awaiting the real recovery and subsequent bull in 2019/2020. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Chief Joined: 1/3/2007 Posts: 18,054 Location: Nairobi
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A scam a month. NYS. Afya House. Another in the works. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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@VVS SGR phase 2 Ministry of Agriculture aka maize shortage Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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