When the guru speaks......

Forecasts have been generally good so far except for effects of inflation and elections where taking the opposite position worked.In both TAs and fundies,timing was the most difficult to achieve.

Let me share some findings - When its bottomed and thriving:

1.When brokers stop contacting people for great deals.
2.Very few threads on stocks on Wazua.
3.When brokers are getting profits.
4.When the investor section is more or just as popular as the politics section.
5.When 'wanjiku's' start asking for investment advice and more frequently.
6.When ATS and Online trading systems stop failing - Note,I have noticed mystocks was failing when the market was upbeat.
7.When companies show they are more resilient than market conditions.
8.When Wazuans/Wazualets stop arguing over the market and positions.
9.When there are large and consistent trades.
10.When people are complaining about their cash positions
11.When people start focusing on exit targets rather than looking for bargains.
12.When people stop clinging on to a few shares as indicators.
13.When speculation overrides sentiments.
14.When people are more concerned about TA than fundies.
15.When people throw out both fundies and TA out of the window.
16.When neveready is the highest gainer of the day.Actually happened!
17.When market returns surpass inflation.
18.When more and more companies are expanding.
19.When IPOs and rights issues are on the rise and oversubscribed.
20.When the media shifts from sugarcoating bad news to preaching the good news.
21.When people stop finding the alternative investment segment attractive.
22.When people are more worried about getting out than getting in.This works both ways,when people are feeling both the greed and fear.
23.When people have gotten used to a bear market and start predicting how low a share will go.
24.When NSE is more frequent and confident with their 'twirra' updates.
25.When people stop flattery and romance has bottomed.
26.When majority shares stop trading below,at or slighty above P/B and P/E's 'screaming at people to buy' them.
27.When wazuans/wazualets resurface.

I'm optimistic about the afternoon rush

And sanity troops back with a dented face & other injuries. This one has experienced PEV at the stock market since last Wednesday.

Tech readings are too stretched in a short span which I'm still dazed from with 5000 handle almost shuttered! NSE needs to correct some. It was getting ahead of itself too fast.

ARM & EABL PER is really scary stuff.

Now let's see how the lepers (KK, KQ & MSC) will take the ensuing correction as well as crap like paka & olympia.

Massive under subscription AKA voter apathy. Who would buy a firm that has never declared a profit?

Massive under subscription AKA voter apathy. Who would buy a firm that has never declared a profit?