All this when the Dow is knocking the 20,000 door.
We should bottom sometime this quarter.......not very long from now but sub 3,000 is sure to print by week close.
Early next week should be considered a good time for partial entry.

so you see a ka bull somewhere near?

Wacha tu. I am down 12℅ compared to initial cost of portfolio. Losses on CFC holdings and TPS. Kenya Re and KK in profits. Kengen and Equity in minor losses.

I wonder how other wazuans are fareing.

Somebody go call mnandii. He has to talk to Elliot to stop this madness. Mi feel like erecting. My kaniii is bleeding and shrinking fast. I may end up being nothing at this phase. . @mnandii talk to Elliot. Tell him to rethink the spell he casted on this miserable NSE theatrics.

This is good it's like war the more brutal it becomes the sooner it is over. My target of sub 3000 comes true. 2700 is the buying zone.

Faring or burnt to recognition

I am holding Simba having bought at 40 bob . Is there hope here?

Equity and Safaricom among others at very crazy oversold levels yet supply keeps propping up....Watching

Don't know why i feel these figures look understated. Could there be a deliberate move to massage the figures and delay the inevitable? Sub3000?
I wouldn't be surprised to see tomorrow's NSE20 figure(being Friday)at 3,001
Always wondered why this index is never calculated real time/seen real time like say, US30,UK100?????

The amount of capital that has piled into US equities since the November election is on a crazy scale. It has outranked every single asset class/stock market by several multiples. This is happening before both the anticipated tax cuts come on board and the bond rout goes global.

A bit surprised that European markets have managed to nearly/entirely erase their earlier 2016 losses considering everything that is going on in their backyard.

EM/FM stock market and their respective currencies will have a defensive/nasty 2017 if funds are only itching to have a piece of the American pie via dollar hedging, bonds or stocks etc.

Assessed independently, KE's affairs are shambolic and it will take time to undo. My estimate is at least one and a half years. Couple that with the fact that foreign participation @70/80% has been the life blood of the NSE for the last two years or so plus the global preference for dollar assets over a weak(er) KES by same investor class and you can see the difficulty in the market bottoming out so soon. Wanjiku activity has been low in the post GFC period and has declined further since the current bear run began.

Cbk turned on the spigots in September and October 2016 for some reason which is still unclear.

Banks' skeletons/underbelly will be exposed sooner rather than later, more so if most of them choose not to bite the bullet @FY2016 coz FY 2017 will be devastating if the same economic conditions persist or get worse. Something is rotten in that neck of the woods.