wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

86 Pages«<7273747576>»
Ksh at its weakest since it floated in 1994
Options
Previous Topic · Next Topic
Cde Monomotapa
#731 Posted : Friday, June 08, 2012 5:10:51 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Last year technicals were used to preserve fundamentals. This year fundamentals are restoring looking to relieve technicals. Your thinking seems to have remained static and that is why I fear for you smile
Back to top
  |
Cde Monomotapa
#732 Posted : Friday, June 08, 2012 5:15:06 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
Last year technicals were used to preserve fundamentals. This year fundamentals are restoring looking to relieve technicals. Your thinking seems to have remained static and that is why I fear for you smile

And if you were my Fund Manager, guess what I would've done already smile Laughing out loudly Laughing out loudly #DonaldTrump
Back to top
  |
Cde Monomotapa
#733 Posted : Friday, June 08, 2012 5:22:16 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I understand that U wish Kenya better like being engaged in sophisticated export trade (we shall get there-promise!) with the now troubled world (that U operate in) but fortunately & at this point, the majority of us are still farmers and rain is a big deal as far as our productivity & livelihoods are concerned. smile smile
Back to top
  | | Edit by user: Friday, June 08, 2012 5:29 PM | Reason: ;-)
Cde Monomotapa
#734 Posted : Friday, June 08, 2012 5:36:59 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
PS: My favorite commodity, milk has come off 5 bob to 40 and I'll be damned if that had nothing to do with rain, which led to increased pasture, hence, increased milk production and culminated in good old demand & supply economics smile
Back to top
  |
Cde Monomotapa
#735 Posted : Friday, June 08, 2012 5:47:38 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
And before anymore voices are raised here, the short rains will be with us in Q4 and crude probably in the $80s. *shrugs*
Back to top
  |
Simplified
#736 Posted : Saturday, June 09, 2012 10:44:37 AM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
Cde Monomotapa wrote:
hisah wrote:
Cde Monomotapa wrote:
Someone is truly clutching onto straws here. SMH


smilesmile Rainmakers were hired and did their job, but someone's sleeping at the deck. We will compare notes Dec 2012.

Buy euros and convert them to KES by Dec 2012.

I don't do Vegas man. You are on your own.



So cde unaonaje? Clearly kes is under pressure and its a matter of time before it gives in.I think Hisahs idea of buying the euro for a dec/12 sale is on point.
What's your opinion...do you believe cbk ama the rain will stop the kes erosion?
Hug the bear....ride the bull.....di$mount!!!
Back to top
  |
Simplified
#737 Posted : Saturday, June 09, 2012 10:47:49 AM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
hisah wrote:
Cde Monomotapa wrote:
Someone is truly clutching onto straws here. SMH


smilesmile Rainmakers were hired and did their job, but someone's sleeping at the deck. We will compare notes Dec 2012.

Buy euros and convert them to KES by Dec 2012.



Think Been thinking in those lines but Why not hibernate with the dollar instead?
Hug the bear....ride the bull.....di$mount!!!
Back to top
  |
QW25091985
#738 Posted : Saturday, June 09, 2012 11:41:21 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
indeed things are Bad for KES . cbk did a 'good' job though as we didnt make a new recent low for the kes but with the 61.8% fib level holding as of close of Friday i would expect new lows to be challenged .Look at below chart
obviously a move above 88 will be bad for the local currency

Back to top
  | | Edit by user: Saturday, June 09, 2012 11:51 AM | Reason: Not specified
QW25091985
#739 Posted : Saturday, June 09, 2012 11:51:14 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
you can also look at it as the below diagram is showing we are in a congestion area . what that means is that price doesn't have a direction. ans when we breakout of either of the red lines i expect some volatility ( huge price movements).
this are just the different scenarios that would play out !
Back to top
  |
hisah
#740 Posted : Monday, June 11, 2012 8:44:00 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Simplified wrote:
hisah wrote:
Cde Monomotapa wrote:
Someone is truly clutching onto straws here. SMH


smilesmile Rainmakers were hired and did their job, but someone's sleeping at the deck. We will compare notes Dec 2012.

Buy euros and convert them to KES by Dec 2012.



Think Been thinking in those lines but Why not hibernate with the dollar instead?

The US debt ceiling & possible round of another US downgrade as well as their elections. I prefer the euro since all bets are so one-sided waiting for a collapse! Onesided trades are dangerous business in ponzinomics since the ponzi masters change the rules oftenly wrong footing the pile up.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Monday, June 11, 2012 8:47 AM | Reason: Not specified
86 Pages«<7273747576>»
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.