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How to tell NSE has bottomed out
Sufficiently Philanga....thropic
#4971 Posted : Thursday, April 24, 2014 3:17:03 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
wanyee wrote:
KORCH at 6 bob.

On what volume?
Notice only 1 trade of 100 shares. Perfect case of market making.
Buy it only if you know who is buying/selling and the reasons behind. Otherwise, one might be left holding monkeys.
@SufficientlyP
Metasploit
#4972 Posted : Thursday, April 24, 2014 3:31:49 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
murchr wrote:
@Mweke.. who is buying PORT?


Share traded less than 8000 shares from 14th April to date apart from a 135K sell volume on 13th April

On this volumes,is it really important to know who buys or sell ?




“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
wanyee
#4973 Posted : Monday, April 28, 2014 3:33:38 PM
Rank: Member

Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
Korch at 7.20 ...
ngapat
#4974 Posted : Tuesday, April 29, 2014 11:09:42 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
kcb @50. Q1 results to be released tomorrow 30th april
“Invest in yourself. Your career is the engine of your wealth.”
mlennyma
#4975 Posted : Tuesday, April 29, 2014 11:38:25 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its becoming very hard to decide on what to sell or hold in this market where some counters are at tempting selling levels...nobody knows how much room on top.
"Don't let the fear of losing be greater than the excitement of winning."
hisah
#4976 Posted : Tuesday, April 29, 2014 12:44:57 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Post #4691 had the image below which was hinting bulls were struggling to keep up the upward pressure on FTSE KE NSE15 index as EABL, KCB and EQTY struggled - http://www.wazua.co.ke/f...amp;m=516420#post516420




In Q2 2014, the bulls are taking over after a subdued Q1 with EABL rebounding strongly after finding strong support @220 while KCB and EQTY regain upward momentum as they break all time highs.



Interesting to note that this is happening while KES is struggling in the FX corner against the major global currencies.

Have we seen the end of volality? KES is weak, NSE20 still struggling with 5000-5200 zone. Eurobond? National budget?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mulla
#4977 Posted : Tuesday, April 29, 2014 12:45:01 PM
Rank: Member

Joined: 6/15/2013
Posts: 301
@mlennyma .....tell me about it....in serious confusion mode with CFC....what are your temptations?
hisah
#4978 Posted : Tuesday, April 29, 2014 12:48:44 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mulla wrote:
@mlennyma .....tell me about it....in serious confusion mode with CFC....what are your temptations?

CFC has a long way to go. Hold on smile If you are tempted now, I wonder what you'll do by the time the price is above 200... d'oh!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mlennyma
#4979 Posted : Tuesday, April 29, 2014 12:52:45 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
k.c.b. bad q1 can crush the price,same as cfc bank,pan africa,iam also in dilemma with cfci at above 20,equity at around 40,safcom is also high and can contract
"Don't let the fear of losing be greater than the excitement of winning."
mlennyma
#4980 Posted : Tuesday, April 29, 2014 1:11:29 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
@hisah,according to your signature,who is receiving much beating,the bull or the bear????any company which slips in q1 will receive a beating.look at hfck which was heading to 40s struggling to reclaim its earlier price with a 1 bob div in place.


"Don't let the fear of losing be greater than the excitement of winning."
569 Pages«<496497498499500>»
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