mwekez@ji wrote:hisah wrote:guru267 wrote:I don't think there is any big selloff coming, especially a technical selloff! The only risk to the market now is the Crimea issue...
Eurobond snub is the outlier since results are not providing the bull punch. If undersub then I expect the market to tank. But KES has been resilient than expected considering the EM FX sell side pressure... 2014 is still flat both NSE & FTSE. Noted with concern that the foreigners who drove the market from 3000-5000 have turned into net sellers, though with moderation maybe to check on the outcome of the Euro Bond. If they were to up their selling gear, the tank won't be interesting.
there's something cooking in NSE. I didn't expect TA to be this effective. equity bank doesn't shed 6% just like that! iko kitu hapa. but, can we complain? 2012 rally, 2013 rally. breather/ flat(ish)
in 2014. to create a base for the next bull
The investor's chief problem - and even his worst enemy - is likely to be himself