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mnandii
#5381 Posted : Thursday, May 14, 2020 7:29:44 PM
Rank: Elder

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


DJIA. An alternate wave count. The DJIA could stage another rally in this alternative labelling for wave [2]. Targets are 25,226; 26,143 or around 27,000. I remain bearish.
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.
mnandii
#5382 Posted : Monday, May 18, 2020 11:25:37 PM
Rank: Elder

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


DJIA. An alternate wave count. The DJIA could stage another rally in this alternative labelling for wave [2]. Targets are 25,226; 26,143 or around 27,000. I remain bearish.

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.
mnandii
#5383 Posted : Monday, May 18, 2020 11:27:08 PM
Rank: Elder

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


DJIA rising as expected. Targets remain the pink lines then we turn strongly DOWN.
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.
slick
#5384 Posted : Tuesday, May 19, 2020 7:37:28 AM
Rank: Member

Joined: 6/1/2017
Posts: 288
mnandii wrote:


DJIA rising as expected. Targets remain the pink lines then we turn strongly DOWN.


Yeah.Major rally on Wall Street jana as Fed Chair Jerome Powell promised to do whatever it takes and print as many trillions as is needed to pump up the markets in his 60 minutes interview plus possible promising Covid-19 vaccine from Moderna.

Maybe Opus Dei should follow suit and announce he will print as many KES as possible to pump up the NSE,government and corporate bonds.Its good Njoroge isnt doing so and allowing Kenyan stocks to correct in a free market mechanism.CBK should especially stay out of the stock market
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
mnandii
#5385 Posted : Tuesday, May 19, 2020 12:01:29 PM
Rank: Elder

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


DJIA rising as expected. Targets remain the pink lines then we turn strongly DOWN.


Yeah.Major rally on Wall Street jana as Fed Chair Jerome Powell promised to do whatever it takes and print as many trillions as is needed to pump up the markets in his 60 minutes interview plus possible promising Covid-19 vaccine from Moderna.

Maybe Opus Dei should follow suit and announce he will print as many KES as possible to pump up the NSE,government and corporate bonds.Its good Njoroge isnt doing so and allowing Kenyan stocks to correct in a free market mechanism.CBK should especially stay out of the stock market


Kindly note that the rally in the DOW will not go far. A turn DOWN is due soon.
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.
mnandii
#5386 Posted : Tuesday, May 19, 2020 12:03:28 PM
Rank: Elder

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


DJIA rising as expected. Targets remain the pink lines then we turn strongly DOWN.


Yeah.Major rally on Wall Street jana as Fed Chair Jerome Powell promised to do whatever it takes and print as many trillions as is needed to pump up the markets in his 60 minutes interview plus possible promising Covid-19 vaccine from Moderna.

Maybe Opus Dei should follow suit and announce he will print as many KES as possible to pump up the NSE,government and corporate bonds.Its good Njoroge isnt doing so and allowing Kenyan stocks to correct in a free market mechanism.CBK should especially stay out of the stock market


Kindly note that the rally in the DOW will not go far. A turn DOWN is due soon.

That's when people will realize that the potent Central Bankers have no control over the market.
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.
slick
#5387 Posted : Tuesday, May 19, 2020 1:43:12 PM
Rank: Member

Joined: 6/1/2017
Posts: 288
mnandii wrote:
slick wrote:
mnandii wrote:


DJIA rising as expected. Targets remain the pink lines then we turn strongly DOWN.


Yeah.Major rally on Wall Street jana as Fed Chair Jerome Powell promised to do whatever it takes and print as many trillions as is needed to pump up the markets in his 60 minutes interview plus possible promising Covid-19 vaccine from Moderna.

Maybe Opus Dei should follow suit and announce he will print as many KES as possible to pump up the NSE,government and corporate bonds.Its good Njoroge isnt doing so and allowing Kenyan stocks to correct in a free market mechanism.CBK should especially stay out of the stock market


Kindly note that the rally in the DOW will not go far. A turn DOWN is due soon.


Agreed this is a dead cat bounce.Long term stocks will go massively lower and central banks control will become useless but currently the Fed is the only game in town pushing up stocks.

I personally dont care where stocks go.I trade the market I see.If its a bullish trend I go long and if the following day its bearish I go short.I can go both long and short on the same day.Just follow the trend and this volatile market is an ATM machine that just keeps givingLaughing out loudly Laughing out loudly Laughing out loudly
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
heri
#5388 Posted : Wednesday, May 20, 2020 10:08:06 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
https://www.theguardian....ren-buffett-out-of-643m

German company allegedly cons Warren Buffett out of €643m
US investor may have paid over four times too much for firm now being investigated for fraud
mnandii
#5389 Posted : Thursday, May 21, 2020 9:22:52 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
heri wrote:
https://www.theguardian.com/business/2020/may/19/german-company-allegedly-cons-warren-buffett-out-of-643m

German company allegedly cons Warren Buffett out of €643m
US investor may have paid over four times too much for firm now being investigated for fraud


smile
So much ado about value investing d'oh!
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
#5390 Posted : Thursday, May 21, 2020 10:31:47 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
mnandii wrote:
heri wrote:
https://www.theguardian.com/business/2020/may/19/german-company-allegedly-cons-warren-buffett-out-of-643m

German company allegedly cons Warren Buffett out of €643m
US investor may have paid over four times too much for firm now being investigated for fraud


smile
So much ado about value investing d'oh!


We need an official statement from VVS on this. smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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