Wazua
»
Investor
»
Stocks
»
Elliott Wave Analysis Of The NSE 20
Rank: Elder Joined: 12/7/2012 Posts: 11,935
|
sparkly wrote:Aguytrying wrote:sparkly wrote:muandiwambeu wrote:mlennyma wrote:maka wrote:NIC is taking a beating...wololo like a burukenge!!we are past the meltdown infact my exhaust pipe is getting hot Eti nini.  Nikubaya. Afadhali Leo ni Friday. If we start Monday on this mood, hell it shall be. Safcom not done yet. That supply is torrent. Lol just crazy. Smart money has resigned to the fact that we shall breach 3,000. Its a downfall!!! This bear has been relentless. Remember the optimism we had at 5400. Now we're almost half that amount. The bear is brutal and merciless Looking at NIC at 23 Bob vs Rights issue price  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
|
Angelica _ann wrote:sparkly wrote:Aguytrying wrote:sparkly wrote:muandiwambeu wrote:mlennyma wrote:maka wrote:NIC is taking a beating...wololo like a burukenge!!we are past the meltdown infact my exhaust pipe is getting hot Eti nini. Nikubaya. Afadhali Leo ni Friday. If we start Monday on this mood, hell it shall be. Safcom not done yet. That supply is torrent. Lol just crazy. Smart money has resigned to the fact that we shall breach 3,000. Its a downfall!!! This bear has been relentless. Remember the optimism we had at 5400. Now we're almost half that amount. The bear is brutal and merciless Looking at NIC at 23 Bob vs Rights issue price Yes,they also refused my 500k when I wanted hfck rights at 30 "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Member Joined: 4/21/2015 Posts: 151
|
mlennyma wrote:Angelica _ann wrote:sparkly wrote:Aguytrying wrote:sparkly wrote:muandiwambeu wrote:mlennyma wrote:maka wrote:NIC is taking a beating...wololo like a burukenge!!we are past the meltdown infact my exhaust pipe is getting hot Eti nini. Nikubaya. Afadhali Leo ni Friday. If we start Monday on this mood, hell it shall be. Safcom not done yet. That supply is torrent. Lol just crazy. Smart money has resigned to the fact that we shall breach 3,000. Its a downfall!!! This bear has been relentless. Remember the optimism we had at 5400. Now we're almost half that amount. The bear is brutal and merciless Looking at NIC at 23 Bob vs Rights issue price Yes,they also refused my 500k when I wanted hfck rights at 30 Just when i thought NIC has hit rock bottom, it starts to dig!
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
Sub 3000 points NSE20 index is given today. ....No betting of the kidney coz you risk losing your essential body parts one by one till we hit rock bottom.....I'm worried if the market can't handle fear associated with breaking psychological mark since 2008 GFC ... John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
|
Kenyanwallstreet Nairobi Securities Exchange Benchmark 'NSE 20 Share Index" falls below 3000 points to 2991.63, last seen in 2008!!! There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
|
Sufficiently Philanga....thropic wrote:hisah wrote:lochaz-index wrote:hisah wrote:Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:Next support, 3070 low of December 2011,below that opens up to 2360, the March 2009 GFC lows. NSE 20 down 33 points today to close at 3083  With USD Bulls on the driver's seat, Safcom on a downward trend and credit growth at an all time low, NSE 20 would need divine intervention to stay above the 3,000 psychological level. The 3070 support level is now under serious threat! FTSE NSE KE 15 index is oversold on all time frames except the monthly gauge!!! Extremely bearish. Extreme sentiments usually warn of a sharp turn ahead.
Intraday the index is down 1.24% and will likely close this way. NSE20 will likely close down 1% or more which means it will close below 3000 handle  Are we already in sub-3000 territory? That would take the market 7 years back to 2009. The bounce from 3074 was a bit too steep to be sustainable. Some relief rallies before FY results maybe? NSE20 closes at 3047 breaking the 2011 low at 3070 made on Dec 6 2011. This index is also oversold on the daily, weekly and monthly gauges. Divergence noted on the RSI. The low points are not correlating with the RSI which is printing lower highs. Extreme sentiments zone as the bear extends into the third year with fat tails getting fatter.
The ensuing rebound after this overfeeding spree by the bears is going to be awesome. But as usual many will miss this rebound before the extreme negative sentiments can be reset. Then the bull starts a climb of worry then comes the euphoria phase and bang down we go again as the cycle repeats. 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. And printing it did. NSE20 down 43 points to close at 2971, a figure last seen in June 2009 @SufficientlyP
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:hisah wrote:lochaz-index wrote:hisah wrote:Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:Next support, 3070 low of December 2011,below that opens up to 2360, the March 2009 GFC lows. NSE 20 down 33 points today to close at 3083 With USD Bulls on the driver's seat, Safcom on a downward trend and credit growth at an all time low, NSE 20 would need divine intervention to stay above the 3,000 psychological level. The 3070 support level is now under serious threat! FTSE NSE KE 15 index is oversold on all time frames except the monthly gauge!!! Extremely bearish. Extreme sentiments usually warn of a sharp turn ahead.
Intraday the index is down 1.24% and will likely close this way. NSE20 will likely close down 1% or more which means it will close below 3000 handle Are we already in sub-3000 territory? That would take the market 7 years back to 2009. The bounce from 3074 was a bit too steep to be sustainable. Some relief rallies before FY results maybe? NSE20 closes at 3047 breaking the 2011 low at 3070 made on Dec 6 2011. This index is also oversold on the daily, weekly and monthly gauges. Divergence noted on the RSI. The low points are not correlating with the RSI which is printing lower highs. Extreme sentiments zone as the bear extends into the third year with fat tails getting fatter.
The ensuing rebound after this overfeeding spree by the bears is going to be awesome. But as usual many will miss this rebound before the extreme negative sentiments can be reset. Then the bull starts a climb of worry then comes the euphoria phase and bang down we go again as the cycle repeats. 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. And printing it did. NSE20 down 43 points to close at 2971, a figure last seen in June 2009 On Feb 4 2009 NSE20 closed at 2975.12
Despondence central...
NSE20 down 6.75% in 9 trading days! What a way to start the year $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 6/15/2013 Posts: 301
|
hisah wrote:Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:hisah wrote:lochaz-index wrote:hisah wrote:Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:Next support, 3070 low of December 2011,below that opens up to 2360, the March 2009 GFC lows. NSE 20 down 33 points today to close at 3083 With USD Bulls on the driver's seat, Safcom on a downward trend and credit growth at an all time low, NSE 20 would need divine intervention to stay above the 3,000 psychological level. The 3070 support level is now under serious threat! FTSE NSE KE 15 index is oversold on all time frames except the monthly gauge!!! Extremely bearish. Extreme sentiments usually warn of a sharp turn ahead.
Intraday the index is down 1.24% and will likely close this way. NSE20 will likely close down 1% or more which means it will close below 3000 handle Are we already in sub-3000 territory? That would take the market 7 years back to 2009. The bounce from 3074 was a bit too steep to be sustainable. Some relief rallies before FY results maybe? NSE20 closes at 3047 breaking the 2011 low at 3070 made on Dec 6 2011. This index is also oversold on the daily, weekly and monthly gauges. Divergence noted on the RSI. The low points are not correlating with the RSI which is printing lower highs. Extreme sentiments zone as the bear extends into the third year with fat tails getting fatter.
The ensuing rebound after this overfeeding spree by the bears is going to be awesome. But as usual many will miss this rebound before the extreme negative sentiments can be reset. Then the bull starts a climb of worry then comes the euphoria phase and bang down we go again as the cycle repeats. 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. And printing it did. NSE20 down 43 points to close at 2971, a figure last seen in June 2009 Despondence central...
NSE20 down 6.75% in 9 trading days! What a way to start the year And no signs of anything to alter the downfall of the NSE(election year, bullish NYSE and dollar, government drowning in loans,credit crunch,job losses,lower profits in business etc).....fat discounts now and ahead.....
|
|
|
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
Aguytrying wrote:sparkly wrote:muandiwambeu wrote:mlennyma wrote:maka wrote:NIC is taking a beating...wololo like a burukenge!!we are past the meltdown infact my exhaust pipe is getting hot Eti nini. Nikubaya. Afadhali Leo ni Friday. If we start Monday on this mood, hell it shall be. Safcom not done yet. That supply is torrent. Lol just crazy. Smart money has resigned to the fact that we shall breach 3,000. Its a downfall!!! This bear has been relentless. Remember the optimism we had at 5400. Now we're almost half that amount. The thing to remember is that this particular bear has been very deceptive. Most guys were non-believers when it started out and they kept under-estimating its devastation. It has put investors out of their misery in a very surgical manner unlike the high octane types of 2008 & 2011. Look at the commodities bear run since 2011 to date. Oil was the last to tank in 2014 after putting on a very brave fight. I think the NSE will undergo something similar with safcom being the last one to capitulate. The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
hisah wrote:Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:hisah wrote:lochaz-index wrote:hisah wrote:Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:Next support, 3070 low of December 2011,below that opens up to 2360, the March 2009 GFC lows. NSE 20 down 33 points today to close at 3083 With USD Bulls on the driver's seat, Safcom on a downward trend and credit growth at an all time low, NSE 20 would need divine intervention to stay above the 3,000 psychological level. The 3070 support level is now under serious threat! FTSE NSE KE 15 index is oversold on all time frames except the monthly gauge!!! Extremely bearish. Extreme sentiments usually warn of a sharp turn ahead.
Intraday the index is down 1.24% and will likely close this way. NSE20 will likely close down 1% or more which means it will close below 3000 handle Are we already in sub-3000 territory? That would take the market 7 years back to 2009. The bounce from 3074 was a bit too steep to be sustainable. Some relief rallies before FY results maybe? NSE20 closes at 3047 breaking the 2011 low at 3070 made on Dec 6 2011. This index is also oversold on the daily, weekly and monthly gauges. Divergence noted on the RSI. The low points are not correlating with the RSI which is printing lower highs. Extreme sentiments zone as the bear extends into the third year with fat tails getting fatter.
The ensuing rebound after this overfeeding spree by the bears is going to be awesome. But as usual many will miss this rebound before the extreme negative sentiments can be reset. Then the bull starts a climb of worry then comes the euphoria phase and bang down we go again as the cycle repeats. 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. And printing it did. NSE20 down 43 points to close at 2971, a figure last seen in June 2009 On Feb 4 2009 NSE20 closed at 2975.12
Despondence central...
NSE20 down 6.75% in 9 trading days! What a way to start the year Wow! It seems even PPT has given up trying to defend the indefensible. Didn't expect sub 3000 so early - in January - February looked like the better bet. This will be a very interesting year from all angles. The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Wazua
»
Investor
»
Stocks
»
Elliott Wave Analysis Of The NSE 20
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|