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Elliott Wave Analysis Of The NSE 20
Rank: Chief Joined: 1/3/2007 Posts: 18,384 Location: Nairobi
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Boris Boyka wrote:mnandii wrote:With the bear market underway it is time we did some Socionomic forecasts. This exercise may appear frivolous but it shows the utility of The Wave Principle and Socionomics. The character of social events can be predicted and this may mean the difference between life and death; economic well-being and financial ruin.
THE EXPECTED CHARACTER OF EVENTS IN WAZUA IN THE ENSUING BEAR MARKET:
1. Increasingly many wazuans will be 'usered'.
2. Wazuans will increasingly attack each other viciously in posts.
3. Lady wazuans are more likely to start/comment on threads
4. Technical analysts whose posts are bearish will face increasing attacks.
5. In the political sections distinct camps will emerge with sharply divided ideologies esp. Pro jubilee Vs Opposition.
6. Many wazuans will become deeply religious.
7. admin will have a difficult time moderating discussions.
8. Increasing number of wazuans will start/increase consumption of alcoholic beverages.
9. The number of wazuans visiting coffee shops ( Java House, Dormans etc) will reduce.
10. Several vocal commentators on stocks will become silent or increasingly and openly hostile.
11. Obscenities in posts will increase.
12. Small differences of opinion will escalate.
13. The popularity of violent sports e.g. football and boxing will increase.
14. Many more wazuans will regard the government as being incompetent.
15. Discussions of gossip/scandals will increase.
16. Increasing number of wazuans will become superstitious. @Limanika Kindly pay attention to bold. Good night brother. @Mnadii thanks for this having been here in advance otherwise I would be seeing "cha mtema kuni, ningekula mawe, ningekufa" The Kenyan government is incompetent. That's true in bear or bull markets. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller.  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller.  NBK is a value trap, perpetually shows promise but no realized potential. I bet they will struggle as GOK moves parastatal deposits to CBK. Life is short. Live passionately.
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller.  Rode the 2013 wave but things are very risky now.Even if the bear ended and it started ascending I wouldn't put my money back in this sinking ship.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Very gloomy picture @hisah.I see a sub 10 printing in this deflationary environment if no strategic investor shows up soon. @SufficientlyP
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Rank: Member Joined: 12/30/2012 Posts: 545 Location: NBI
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Sufficiently Philanga....thropic wrote:Very gloomy picture @hisah.I see a sub 10 printing in this deflationary environment if no strategic investor shows up soon. deflationary? Can you please explain? BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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@mic-mic Deflation is a condition of scarce money supply for this case coz of high interest rate. Circular flow of money is low in deflationary periods. No enough income to command purchasing power for goods and services. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,384 Location: Nairobi
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hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller.  NBK has issues regardless of high T-Bill rates or a bear market. It is under-capitalized [poor CARs] and lives on the largesse of GoK. If its loan book was assessed using metrics of more conservative banks, it would be closed down faster than Imperial Bank! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,332 Location: nairobi
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VituVingiSana wrote:hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller.  NBK has issues regardless of high T-Bill rates or a bear market. It is under-capitalized [poor CARs] and lives on the largesse of GoK. If its loan book was assessed using metrics of more conservative banks, it would be closed down faster than Imperial Bank! True. That is why GoK will soon combine NBK, Consolidated and Development banks. In a few months.. COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,384 Location: Nairobi
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obiero wrote:VituVingiSana wrote:hisah wrote:@mnandii, SPT, sparkly have a look at the NBK long term chart. Can you spot the falling wedge breakout!!! The price will plunge very sharply! With the current drama unfolding in the banking sector I'm keenly following this counter. GoK debt drama and this gok bank promise to stage a nice thriller.  NBK has issues regardless of high T-Bill rates or a bear market. It is under-capitalized [poor CARs] and lives on the largesse of GoK. If its loan book was assessed using metrics of more conservative banks, it would be closed down faster than Imperial Bank! True. That is why GoK will soon combine NBK, Consolidated and Development banks. In a few months.. Consolidated Bank is also under-capitalized & barely meets its CARs. Perhaps Development Bank can add 'excess' capital to the mix. NBK is not investable. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Elliott Wave Analysis Of The NSE 20
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