wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

372 Pages«<4344454647>»
Elliott Wave Analysis Of The NSE 20
Options
Previous Topic · Next Topic
Aguytrying
#441 Posted : Monday, June 01, 2015 2:44:15 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mnandii wrote:
mnandii wrote:
mic_mic wrote:
mnandii

what are some good picks to buy and accumulate when bear hits bottom? Want to start keeping an eye on them.


It's hard to say presently. When the index starts the third wave down move, I expect all stocks to follow with it. The best way to analyse individual stocks is to analyse their Elliott structure. But many stocks in the NSE do not have clear Elliott wave patterns. Sad

Anyway, of more importance. I expect many stocks to fall 90% and some will go to zero. The degree of the correction coming is quite huge. At the point when it will be best to buy, no one will want to touch a stock with a 10 foot pole! Pray That should be around 2016.


Generally, stocks with good financial position should fare better. Financial stocks eg banks and insurance will fare worse.


stick to blue chips. This is common knowledge they bounce faster when the bull comes and their (reliable) the dividend yeilds really shoot up in the bear. my barometer is a pe of between 7-5.

and yes we will celebrate the low prices because we'll be buyers then
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
mnandii
#442 Posted : Wednesday, June 03, 2015 6:35:28 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
There is nothing new under the sun.
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.
Back to top
  |
mnandii
#443 Posted : Wednesday, June 03, 2015 6:55:25 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
The value of any forecasting method is to see the trend before it becomes the trend.
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.
Back to top
  |
mnandii
#444 Posted : Wednesday, June 03, 2015 6:57:38 AM
Rank: Elder

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

I think this worry about USDKES exchange rate is misplaced. Me believes there is no way the previous high of 108 Kes to USD will be breached. Kes will rise strongly against the USD soon!



I had posted this chart of the Exchange rate earlier this year. By then I was looking for the Kes to weaken.



The weakness should complete soon. Then we go below 70 Kes to 1 Dollar. smile

Actually, the reason I say 108 level shld not be broken is the wave 1 in the chart (which I label as impulse). The fall from the all-time high of 108 to about 82 is clearly an impulse wave. The weakness in the Kes we are experiencing now is a wave 2, a counter-trend rally. Second waves can never retrace more than 100% of first waves!

So, expect Kes to strengthen against the Dollar in the coming months.

NB: Another good reason why I don't expect 108 to be breached is the mood surrounding the weakening shilling. Everybody is crying and lamenting how the future for the Kes is bleak. smile

This is pre-requisite for a turn! Drool

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.
Back to top
  |
mnandii
#445 Posted : Wednesday, June 03, 2015 7:34:33 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Action on the NSE 20 share Index from the 5499 level so far.



Expect a three wave (A, B, C) move this month to complete wave [2] as depicted on the chart.

Wave A should terminate at approx. 5100.

NB. There is a possibility of one more drop below 4786.74 before wave A commences.
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.
Back to top
  |
enyands
#446 Posted : Wednesday, June 03, 2015 9:04:57 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
mnandii wrote:
Action on the NSE 20 share Index from the 5499 level so far.



Expect a three wave (A, B, C) move this month to complete wave [2] as depicted on the chart.

Wave A should terminate at approx. 5100.

NB. There is a possibility of one more drop below 4786.74 before wave A commences.




Bwana these waves are too much . In layman's language when you say commences on wave A does it mean that we are going through another round of serious beatings ama it's over . Some of us don't understand this waves .In simple words is it getting worse or it will easen up
Back to top
  |
mnandii
#447 Posted : Wednesday, June 03, 2015 9:14:12 AM
Rank: Elder

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


Socionomics In a Nutshell

Understanding socionomics requires comprehending the contrast between two postulations:

(1) The standard presumption: Social mood is buffeted by economic, political and cultural trends and events. News of such events affects the social mood, which in turn affects people's penchant for investing.

(2) The socionomic hypothesis: Social mood is a natural product of human interaction and is patterned according to the Wave Principle. Its trends and extent determine the character of social action, including the economic, political and cultural.

The contrast between these two positions comes down to this: The standard presumption is that in the social setting, events govern mood ; the socionomic hypothesis is that mood governs events . In both cases, the stock market is seen as an efficient mechanism. In the first instance, it presumably revalues stocks continually and rationally in reaction to events; in the second, it revalues stocks continually and impulsively as the independent social mood changes.

Pg 55.
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.
Back to top
  |
mnandii
#448 Posted : Wednesday, June 03, 2015 9:15:49 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
enyands wrote:
mnandii wrote:
Action on the NSE 20 share Index from the 5499 level so far.



Expect a three wave (A, B, C) move this month to complete wave [2] as depicted on the chart.

Wave A should terminate at approx. 5100.

NB. There is a possibility of one more drop below 4786.74 before wave A commences.




Bwana these waves are too much . In layman's language when you say commences on wave A does it mean that we are going through another round of serious beatings ama it's over . Some of us don't understand this waves .In simple words is it getting worse or it will easen up


The beating is over for a short while
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.
Back to top
  |
mkonomtupu
#449 Posted : Wednesday, June 03, 2015 12:26:25 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
mnandii wrote:
Action on the NSE 20 share Index from the 5499 level so far.



Expect a three wave (A, B, C) move this month to complete wave [2] as depicted on the chart.

Wave A should terminate at approx. 5100.

NB. There is a possibility of one more drop below 4786.74 before wave A commences.


@mnandii why not label the three wave in small caps (a,b,c) so that it looks like a smaller wave
Back to top
  |
Metasploit
#450 Posted : Wednesday, June 03, 2015 1:57:53 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
mkonomtupu wrote:
mnandii wrote:
Action on the NSE 20 share Index from the 5499 level so far.



Expect a three wave (A, B, C) move this month to complete wave [2] as depicted on the chart.

Wave A should terminate at approx. 5100.

NB. There is a possibility of one more drop below 4786.74 before wave A commences.


@mnandii why not label the three wave in small caps (a,b,c) so that it looks like a smaller wave


You were right..sellers showing some signs of exhaustion..Index was deeply oversold,momentary rebound is around

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
  |
372 Pages«<4344454647>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.