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How to tell NSE has bottomed out
QW25081985
#721 Posted : Sunday, September 11, 2011 1:25:36 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Bytheway this 'HUGE' Volume that you guys are seeing a large chunk of it is from Safaricom...which has been declining post book closure ....pretty much this is a dead rally if any in the first place ....
Just my observation ..
QW25081985
#722 Posted : Sunday, September 11, 2011 1:45:34 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
QW25081985 wrote:
Bytheway this 'HUGE' Volume that you guys are seeing a large chunk of it is from Safaricom...which has been declining post book closure ....pretty much this is a dead rally if any in the first place ....
Just my observation ..


you have to be aware of market makers tricks or you will end you taking losses....
anika66
#723 Posted : Sunday, September 11, 2011 5:58:40 PM
Rank: Member

Joined: 2/25/2010
Posts: 158
Kabird wrote:
I believe some stocks will loose more value in the coming months. I however urge long term investors to slowly add onto their portfolios.
1. Know your tolerance
2. Diversify
3. Educate self
4. Have investment goals

**Bear market is a nightmare for those who plan to liquidate their positions immediately.***

My picks

Equity, KCB, KK, KPLC, Safcom, KQ,



My picks, KK, KCB, CABLES, SAFCOM, KPLC and CENTUM. I am baffled by Centum, it is creating too many subsidiaries and especially in countries known for money laundering and tax evasions. Some instinct in me tells me all is not well but I cant place a finger on it. Anybody with a comment on this?
Keeping it all in the family
hisah
#724 Posted : Monday, September 12, 2011 4:13:09 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
What is all this EAC IPO mad rush? From KE to TZ to RW to UG. What the heck...?

http://www.businessdaily...44/-/rdynki/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mlennyma
#725 Posted : Monday, September 12, 2011 9:43:47 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Despite qw's biased and mis-leading analysis,my centum acquired at 14.65 and equity at 17.50 are progressing quite well and iam seeing money coming...let sleeping dogs lie.
"Don't let the fear of losing be greater than the excitement of winning."
mkonomtupu
#726 Posted : Monday, September 12, 2011 10:57:12 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
qw was actually surprised to see mukiha bought CMC in 1994 so you can basically figure out he is a trader. If @hisah got stuck in Uchumi in 2006 this technical analysis is just fancy stuff complicating what is really simple. If you look at a business and you think its good and will continue to grow you buy and stop worrying about the price movement. Surely do you buy a shamba/plot and look every day at its value, do you sell your plot because Greece is about to default.

Aguytrying
#727 Posted : Monday, September 12, 2011 11:03:02 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mlennyma wrote:
Despite qw's biased and mis-leading analysis,my centum acquired at 14.65 and equity at 17.50 are progressing quite well and iam seeing money coming...let sleeping dogs lie.


For once i actually agree with QW here.
What you are doing is trading and it is very risky in this downward market. You've been lucky, and thats good for you. But its too risky and not worth it.

So its not wrong because it wont make you money, Its wrong because its a strategy that has very high chances of failing, making it not a wise financial decision, its almost like gambling.
The investor's chief problem - and even his worst enemy - is likely to be himself
ecstacy
#728 Posted : Monday, September 12, 2011 11:09:08 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
Euro market off to a tumble...
hisah
#729 Posted : Monday, September 12, 2011 11:34:48 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
ecstacy wrote:
Euro market off to a tumble...


Indeed a sea of reds...

http://www.forexpros.com/indices/indices-futures


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
ecstacy
#730 Posted : Monday, September 12, 2011 1:18:00 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
hisah wrote:
ecstacy wrote:
Euro market off to a tumble...


Indeed a sea of reds...

http://www.forexpros.com/indices/indices-futures



Talk of wealth erosion. Britak will be the (red) kachumbari at the NSE smile
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