PRESIDENT TRUMP: Well, you are here on a very special day because the stock market is up almost 300 points today. We just signed a trade agreement with Mexico, and it’s a terrific agreement for everybody. It’s been in the works for a long time. It’s an agreement that a lot of people said couldn’t be done, and we did something, and it was very special. Great for our farmers, our workers.

And our stock market just broke 26,000 for the first time ever in the history. So today we have the highest stock price we’ve ever had. And we’re very happy about that. I said that was going to happen and it’s happened. Everything I said is going to happen, it ends up happening.

So you picked a good day to come. (Laughter.) We’re in a very good mood.

PRESIDENT KENYATTA: Well, let’s hope you’re going to transfer some of that into Kenya. (Laughter.)
https://www.the-star.co....in-white-house_c1809456

Hehe

Safcom is falling even after the stellar results! Fundies, how do you explain that?

I stated earlier on that Safcom should fall in circle wave ((iv)) which is what it is doing presently. The bottom should be in place at the range 27 - 24.75 . To respect Elliott's rule of fourth waves (Wave four should not overlap wave one) I don't expect the current fall to reach 21.70, the wave ((i)) top.

Once wave ((iv)) completes, expect a move back up above 33.50. You can as well BUY with your SL at 21.70 and target a move to above 33.50. Since wave 5 is extending Safcom will likely move significantly higher that the last high at 33.50, to likely above 40s.

I expect Safcom to continue dropping in circle wave ((iv)) and find support at about 25.00. Thereafter it should rise in wave circled wave ((v)) to above 33.00.

Market broke below the your stated support level. Is this analysis still valid?

Would also like to get your take on KE's social fabric particularly on citizens vs the govt.

Absolutely....much respect