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Elliott Wave Analysis Of The NSE 20
mnandii
#3161 Posted : Wednesday, August 21, 2019 9:06:47 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:


Safaricom appears to be developing an expanded flat ABC where wave A completed at about Kes 21.77. Now I expect the developing wave B to rise to about Kes 36.49 - 38.70. After completion of wave B I will expect Safcom to fall in wave C to significantly below Kes 21.77 (the wave A low).

The above scenario is negated if Safcom continues down to below Kes 21.77 immediately.

Am still for this sceanrio
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.
Angelica _ann
#3162 Posted : Wednesday, August 21, 2019 11:46:52 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
mnandii wrote:
mnandii wrote:


Safaricom appears to be developing an expanded flat ABC where wave A completed at about Kes 21.77. Now I expect the developing wave B to rise to about Kes 36.49 - 38.70. After completion of wave B I will expect Safcom to fall in wave C to significantly below Kes 21.77 (the wave A low).

The above scenario is negated if Safcom continues down to below Kes 21.77 immediately.

Am still for this sceanrio


Still headed to 36???
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#3163 Posted : Wednesday, August 21, 2019 11:54:10 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Angelica _ann wrote:
mnandii wrote:
mnandii wrote:


Safaricom appears to be developing an expanded flat ABC where wave A completed at about Kes 21.77. Now I expect the developing wave B to rise to about Kes 36.49 - 38.70. After completion of wave B I will expect Safcom to fall in wave C to significantly below Kes 21.77 (the wave A low).

The above scenario is negated if Safcom continues down to below Kes 21.77 immediately.

Am still for this sceanrio


Still headed to 36???

Current market conditions don't allow.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
xtina
#3164 Posted : Wednesday, August 21, 2019 12:30:10 PM
Rank: Member

Joined: 6/26/2008
Posts: 399
mnandii wrote:
obiero wrote:
wukan wrote:
lochaz-index wrote:
NSE20 at 2545 some 185 points shy of the GFC low of 2360. This bear is excruciating to watch...death by a thousand cuts. Some bounce expected but with the global economy skiding precipitously do not expect it to last long. H2 is shaping up to be alot more interesting.


Really painful to watch...never thought I would see the index this low. Insurance companies must be gnashing their teeth. On the other hand Tbills yields are low and banks are liquid, you would expect some action on equities. The market is lonely and deserted

Nothing is impossible. Few people saw this coming. Its time to buy!


Shame on you
DON'T BUY!



Meaning? Don't buy NOW or don't buy AT ALL?
cnn
#3165 Posted : Wednesday, August 21, 2019 4:32:16 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
wukan wrote:
mnandii wrote:
obiero wrote:
wukan wrote:
lochaz-index wrote:
NSE20 at 2545 some 185 points shy of the GFC low of 2360. This bear is excruciating to watch...death by a thousand cuts. Some bounce expected but with the global economy skiding precipitously do not expect it to last long. H2 is shaping up to be alot more interesting.


Really painful to watch...never thought I would see the index this low. Insurance companies must be gnashing their teeth. On the other hand Tbills yields are low and banks are liquid, you would expect some action on equities. The market is lonely and deserted

Nothing is impossible. Few people saw this coming. Its time to buy!


Shame on you
DON'T BUY!


Looks like NSE20 will go below 2500 today. interesting times

And it came to pass .....2488
whiteowl
#3166 Posted : Wednesday, August 21, 2019 5:20:29 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
cnn wrote:
wukan wrote:
mnandii wrote:
obiero wrote:
wukan wrote:
lochaz-index wrote:
NSE20 at 2545 some 185 points shy of the GFC low of 2360. This bear is excruciating to watch...death by a thousand cuts. Some bounce expected but with the global economy skiding precipitously do not expect it to last long. H2 is shaping up to be alot more interesting.


Really painful to watch...never thought I would see the index this low. Insurance companies must be gnashing their teeth. On the other hand Tbills yields are low and banks are liquid, you would expect some action on equities. The market is lonely and deserted

Nothing is impossible. Few people saw this coming. Its time to buy!


Shame on you
DON'T BUY!


Looks like NSE20 will go below 2500 today. interesting times

And it came to pass .....2488


Its only safcom holding the entire index up.If it drops we'll be back to pre Kibaki levels.
Ericsson
#3167 Posted : Wednesday, August 21, 2019 5:28:24 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
whiteowl wrote:
cnn wrote:
wukan wrote:
mnandii wrote:
obiero wrote:
wukan wrote:
lochaz-index wrote:
NSE20 at 2545 some 185 points shy of the GFC low of 2360. This bear is excruciating to watch...death by a thousand cuts. Some bounce expected but with the global economy skiding precipitously do not expect it to last long. H2 is shaping up to be alot more interesting.


Really painful to watch...never thought I would see the index this low. Insurance companies must be gnashing their teeth. On the other hand Tbills yields are low and banks are liquid, you would expect some action on equities. The market is lonely and deserted

Nothing is impossible. Few people saw this coming. Its time to buy!


Shame on you
DON'T BUY!


Looks like NSE20 will go below 2500 today. interesting times

And it came to pass .....2488


Its only safcom holding the entire index up.If it drops we'll be back to pre Kibaki levels.

And it will be a buying opportunity for gem stocks
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#3168 Posted : Wednesday, August 21, 2019 5:32:01 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
cnn wrote:
wukan wrote:
mnandii wrote:
obiero wrote:
wukan wrote:
lochaz-index wrote:
NSE20 at 2545 some 185 points shy of the GFC low of 2360. This bear is excruciating to watch...death by a thousand cuts. Some bounce expected but with the global economy skiding precipitously do not expect it to last long. H2 is shaping up to be alot more interesting.


Really painful to watch...never thought I would see the index this low. Insurance companies must be gnashing their teeth. On the other hand Tbills yields are low and banks are liquid, you would expect some action on equities. The market is lonely and deserted

Nothing is impossible. Few people saw this coming. Its time to buy!


Shame on you
DON'T BUY!


Looks like NSE20 will go below 2500 today. interesting times

And it came to pass .....2488
We do not have "new" firms to replace those have become junk in the NSE20.

Which were and are the constituents of the NSE20?
I think firms like Mumias, KQ and Uchumi were once constituents.
Then we had "consolidation" of 4:1 of KQ. Is this neutral in the index?
Are bonuses neutral i.e. does the price adjustment also account for the bonus?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#3169 Posted : Wednesday, August 21, 2019 6:10:49 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,229
Location: nairobi
VituVingiSana wrote:
cnn wrote:
wukan wrote:
mnandii wrote:
obiero wrote:
wukan wrote:
lochaz-index wrote:
NSE20 at 2545 some 185 points shy of the GFC low of 2360. This bear is excruciating to watch...death by a thousand cuts. Some bounce expected but with the global economy skiding precipitously do not expect it to last long. H2 is shaping up to be alot more interesting.


Really painful to watch...never thought I would see the index this low. Insurance companies must be gnashing their teeth. On the other hand Tbills yields are low and banks are liquid, you would expect some action on equities. The market is lonely and deserted

Nothing is impossible. Few people saw this coming. Its time to buy!


Shame on you
DON'T BUY!


Looks like NSE20 will go below 2500 today. interesting times

And it came to pass .....2488
We do not have "new" firms to replace those have become junk in the NSE20.

Which were and are the constituents of the NSE20?
I think firms like Mumias, KQ and Uchumi were once constituents.
Then we had "consolidation" of 4:1 of KQ. Is this neutral in the index?
Are bonuses neutral i.e. does the price adjustment also account for the bonus?

KQ was last month reinstated to the NSE20

obiero
#3170 Posted : Wednesday, August 21, 2019 6:16:26 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,229
Location: nairobi
VituVingiSana wrote:
cnn wrote:
wukan wrote:
mnandii wrote:
obiero wrote:
wukan wrote:
lochaz-index wrote:
NSE20 at 2545 some 185 points shy of the GFC low of 2360. This bear is excruciating to watch...death by a thousand cuts. Some bounce expected but with the global economy skiding precipitously do not expect it to last long. H2 is shaping up to be alot more interesting.


Really painful to watch...never thought I would see the index this low. Insurance companies must be gnashing their teeth. On the other hand Tbills yields are low and banks are liquid, you would expect some action on equities. The market is lonely and deserted

Nothing is impossible. Few people saw this coming. Its time to buy!


Shame on you
DON'T BUY!


Looks like NSE20 will go below 2500 today. interesting times

And it came to pass .....2488
We do not have "new" firms to replace those have become junk in the NSE20.

Which were and are the constituents of the NSE20?
I think firms like Mumias, KQ and Uchumi were once constituents.
Then we had "consolidation" of 4:1 of KQ. Is this neutral in the index?
Are bonuses neutral i.e. does the price adjustment also account for the bonus?

KQ was last month reinstated to the NSE20

372 Pages«<315316317318319>»
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