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How to tell NSE has bottomed out
Rank: Member Joined: 2/18/2011 Posts: 448
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true story,this rally is crazy!! its a good thing for those who got in early; all in all i believe its possible to push the market up if one or two people have big money.all the stocks going up have been associated with some sort of report eg Kengen or some talk on the wazua corridors about it being undervalued eg HF,KCB. Given the capital i.e money,time and skill i myself can manipulate this market!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mibbz wrote:true story,this rally is crazy!! its a good thing for those who got in early; all in all i believe its possible to push the market up if one or two people have big money.all the stocks going up have been associated with some sort of report eg Kengen or some talk on the wazua corridors about it being undervalued eg HF,KCB. Given the capital i.e money,time and skill i myself can manipulate this market! Then place a bid of 100M on Neveready and make it rally back to 20/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:murchr wrote:Aguytrying wrote:hisah wrote:FUNKY wrote:Turnover rose to Kes.520M from the previous session’s Kes.294M, the number of shares traded stood at 27M against 20M posted yesterday.
The NSE 20 Share Index was up 60.70 points or +1.38% to stand at 4474.68.
All Share Index (NASI) was up 1.52 points to stand at 104.28.
FTSE NSE Kenya 15 Index was up 2.86 points to stand at 137.90.
FTSE NSE Kenya 25 Index was up 2.71 points to stand at 141.18. Wow! NSE20 is about to vault past 4500 heading to 4600 as it slices past layers of resistance. However, challenging 4700 will be tricky. I expect the rally to slowdown or stall as we approach 4700 since the gains will tempt selling across some counters that have rallied hard.
Target for now is 4678 last touched on Oct 22 2010. Thank God we have you to shepherd through the murky waters of capitalism. we would be flying blind, your insight which you so freely give(and mostly spots on), is invaluable. Has anyone considered this rally is by dark forces, Because its madness, utter madness. and at this time. I dont believe in it 100%, caution. Am with you @Aguy...hii roller-coaster ride ni wazimu. KENGEN AGAIN at ten percent limit 12.65, no supply. Kwani where is it going? Might there me a major announcement on the way ( sell the news kind of thing) You saw uchumi, but you still asking questions  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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hisah wrote:mibbz wrote:true story,this rally is crazy!! its a good thing for those who got in early; all in all i believe its possible to push the market up if one or two people have big money.all the stocks going up have been associated with some sort of report eg Kengen or some talk on the wazua corridors about it being undervalued eg HF,KCB. Given the capital i.e money,time and skill i myself can manipulate this market! Then place a bid of 100M on Neveready and make it rally back to 20/-
 @SufficientlyP
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mibbz wrote:true story,this rally is crazy!! its a good thing for those who got in early; all in all i believe its possible to push the market up if one or two people have big money.all the stocks going up have been associated with some sort of report eg Kengen or some talk on the wazua corridors about it being undervalued eg HF,KCB. Given the capital i.e money,time and skill i myself can manipulate this market! @mibbz the nse mirrors the major world markets in a bull but lags in case of a bear. Look at the charts. Eg during the GFC the US tanked in Oct 2008 and the nse in march 2009. Now the SP is at the highest in the last 5 yrs and nse is rallying. Another factor is that the fiscal cliff was averted in the US... Markets respond positively. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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@Aguy,don't be afraid of making money you will do a double in Kengen. Just like that!!!!!!  @SufficientlyP
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Rank: Member Joined: 2/18/2011 Posts: 448
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Sufficiently Philanga....thropic wrote: funny guy,ha ha ha ha. Anyway i know you understood what i meant but for sure if there id a bid for even 10 mil everready shares am sure the price shall appreciate 100% to 4 bob as speculators shall start saying there is an impending buyout by so and so...
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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@Sparkly,the effects of the GFC on the stocks in the US was felt more in Mar 2009 than in Oct 2008. The Dow went below 7,000 pts in Mar 2009 for the first time in 12 years! @SufficientlyP
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mpesa bank and member look to have mojo today... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Sufficiently Philanga....thropic wrote:@Aguy,don't be afraid of making money you will do a double in Kengen. Just like that!!!!!! Amen! The investor's chief problem - and even his worst enemy - is likely to be himself
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How to tell NSE has bottomed out
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