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How to tell NSE has bottomed out
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Thin turnover today across board. Looks like Oct - Dec 2011... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/23/2009 Posts: 1,626
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@hisah - Been thinking the same thing.Today is slow Uncertainty is certain.Let go
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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hisah wrote:Thin turnover today across board. Looks like Oct - Dec 2011... guys digesting nomination results? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah wrote:Thin turnover today across board. Looks like Oct - Dec 2011... ...that was bargain picking time... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Mpesa sees heavy selling today. Even touches 5.50. Profit takin at its best! @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Bleeding yes. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sufficiently Philanga....thropic wrote:Mpesa sees heavy selling today. Even touches 5.50. Profit takin at its best! Mpesa bank's turnover was 253M today. Similar pattern to EABL when it raced to 303 and KCB @34.50 on huge turnover then profit taking ensued. If we get increasing net selling from foreigners as supply swells on the blue chips, the correction will sustain for a while. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mlennyma wrote:Bleeding yes. That was expected "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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NSE20 shed 28.88pts to close @4471.21. 3rd consecutive correction session from the high @4553. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Foreigners net sellers today.
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How to tell NSE has bottomed out
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