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Madness at the NSE
Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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sparkly wrote:Sufficiently Philanga....thropic wrote: we need divine intervention! We should bottom around November 2020 after we are done with bank's and Safcom's H1 results plus USA's election. Line in the sand 1500 on the NSE20! @SufficientlyP
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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sparkly wrote:Sufficiently Philanga....thropic wrote: we need divine intervention! Why? we have always know the shares would drop all the way back from 2014 Now is time to be in Bitcoin and prepare cash to buy shares 1 - 3 years hence  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: 10/11/2006 Posts: 2,304
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Sufficiently Philanga....thropic wrote:sparkly wrote:Sufficiently Philanga....thropic wrote: we need divine intervention! We should bottom around November 2020 after we are done with bank's and Safcom's H1 results plus USA's election. Line in the sand 1500 on the NSE20! The market can stay irrational longer than you can stay solvent. Forget about buying shares for some years hence. Unless you get ones which go contrary to the overall market .. 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: 6/23/2009 Posts: 13,503 Location: nairobi
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mnandii wrote:Sufficiently Philanga....thropic wrote:sparkly wrote:Sufficiently Philanga....thropic wrote: we need divine intervention! We should bottom around November 2020 after we are done with bank's and Safcom's H1 results plus USA's election. Line in the sand 1500 on the NSE20! The market can stay irrational longer than you can stay solvent. Forget about buying shares for some years hence. Unless you get ones which go contrary to the overall market .. Definitely not the right time to buy, but we are approaching the right time and prices.. Especially for a long term investor
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: New-farer Joined: 1/4/2019 Posts: 69 Location: Nairobi
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pandemic + run up elections = tough 2 or so years for NSE... that 1500 isnt far fetched
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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babashuge wrote:pandemic + run up elections = tough 2 or so years for NSE... that 1500 isnt far fetched I dont like the behaviour of this market. We are heading to new lows every day. Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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Sufficiently Philanga....thropic wrote: I was looking at this chart and wondering how did @Sufficiently Philanga....thropic manage to go back to 2002 yet i could not.  Kumbe the details are just right in front of me. Play with the dates on the chart and there you are. You can also play with the counter and you can view any stock of your choice without having to login or subscribe to mystocks. And thats it. Wacha nirudi kulala. Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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Sufficiently Philanga....thropic wrote: Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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cyruskulei wrote:Sufficiently Philanga....thropic wrote: let's see how NSE will close today. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20  Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT!  @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Good thing is we are getting closer to the bottom, if the RSI of 20 is anything to go by. The US Non Farm Payrolls comes up on Friday and should signal some dead cat bounce next week. So scoop some shares and ride the wave expected next week. @SufficientlyP
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Sufficiently Philanga....thropic wrote:So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20 Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT! It's more lucrative to make money through tenders Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Sufficiently Philanga....thropic wrote:So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20 Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT! While i have never thought highly of TRUMP , atleast he brags about how well he doing using the stock market as a yardstick.
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Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
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Sufficiently Philanga....thropic wrote:So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20 Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT! A great opportunity to average down, long-term investors who buy more of the good stocks are going to make good money here
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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I shall be convinced to buy when I see safcom below 15,kcb and equity below 20, coop at 8,ncba below 15 ..wake me up when this is achieved "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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NewMoney wrote:Sufficiently Philanga....thropic wrote:So here we are(NSE20 at 1762), back to when Kibaki The GREAT took over power in 2003.. As far as the RSI is concerned, we are back to October 2002 levels of 20 Our current president must be wondering what hit him. BUT what pains me the most, he has NEVER EVER thought it wise to visit THE GREAT KIBAKI to get some insights on how to steer the country ECONOMICALLY. Well this pains me ALOT! A great opportunity to average down, long-term investors who buy more of the good stocks are going to make good money here Public service superannuation fund will be making an entry from next year,this will boost the prices. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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mlennyma wrote:I shall be convinced to buy when I see safcom below 15,kcb and equity below 20, coop at 8,ncba below 15 ..wake me up when this is achieved Even if the stated prices are attained, you will still not buy since the fear prevailing at the time shall be too much to bear.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Queen wrote:mlennyma wrote:I shall be convinced to buy when I see safcom below 15,kcb and equity below 20, coop at 8,ncba below 15 ..wake me up when this is achieved Even if the stated prices are attained, you will still not buy since the fear prevailing at the time shall be too much to bear. Fear of blood on the streets, the bloodbath!!! 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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Sufficiently Philanga....thropic wrote: The great unwind. The entire bull charge from 2003 wiped out. I wonder how many retail investors still remain in the market having peaked with the safaricom IPO...drop in numbers should be highly correlated to the bear run. The main purpose of the stock market is to make fools of as many people as possible.
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