by Ramki | May 6, 2010 | Kuwait
On 8th March I had privately circulated an Elliott Wave update on Kuwait index. This is produced here just to demonstrate how one has to change his tune when the market shows it has a different mindset. Today, 6th May, the index has straddled an important prior top...
by Ramki | Oct 20, 2008 | Kuwait
The Kuwait Stock Index is approaching some short term objectives between 10500 and 10760. Expect a recovery to around 11500 as a first step, and later on to 12200. It is likely that this move will not be a simple and straight move as there are many badly bruised...
by Ramki | Oct 14, 2008 | Kuwait
While the stock markets in the rest of the GCC have surged in tandem with the rest of the world, one might wonder why the moves in Kuwait are so hesitant. One reason could be that Kuwait did not witness a carnage like the rest of the world did. Its declines were more...
by Ramki | Oct 6, 2008 | Kuwait
Back on 21st September it looked highly improbable that we will get down to 11950. But we have just reached that level. So naturally we wish to know whether the market will turn around here and head back to 14,200. kwse-21-sep-08 On balance, I think the chances of...
