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Author Topic: 1350  (Read 3204 times)

Offline earwax

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1350
« on: April 16, 2007, 12:28:13 AM »
I'm wondering... why so much hype about KLCI reaching 1350?

How they choose this number and what will happen after that?  ???
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Offline Nanzhan

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Re: 1350
« Reply #1 on: April 16, 2007, 12:49:21 AM »
Yaloh.  Don't know why this figure so important. I thought KLCI already confirm hitting 1500? 
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Offline DenLee

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Re: 1350
« Reply #2 on: April 16, 2007, 02:01:26 PM »
Historically, KLCI had hit 1332 and retreated.  The second magic number is 1314.  Although it seemed to be high at 1332, it's 10 years ago.  Today, many analysts believe that KLCI could perform even better by breaching the 1400 level.  So, the 1350 could serve as support line then.

How about you all, do you belief hat KLCI can outperform the 1332?  If yes, you will also arrive at the new magical number which is higher.  So, make a choice... :)
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Offline Maxforce

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Re: 1350
« Reply #3 on: April 16, 2007, 03:42:15 PM »
Cos our dear PM pick the number from the sky? >:D
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Offline Salahdin

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Re: 1350
« Reply #4 on: April 16, 2007, 04:46:28 PM »
Quote from: Maxforce on April 16, 2007, 03:42:15 PM
Cos our dear PM pick the number from the sky? >:D

Yup, he assume that IDR is a successful project for him to arrive at this number. 
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Offline booffett

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Re: 1350
« Reply #5 on: April 16, 2007, 05:00:58 PM »
Quote from: DenLee on April 16, 2007, 02:01:26 PM
Historically, KLCI had hit 1332 and retreated.  The second magic number is 1314.  Although it seemed to be high at 1332, it's 10 years ago.  Today, many analysts believe that KLCI could perform even better by breaching the 1400 level.  So, the 1350 could serve as support line then.

How about you all, do you belief hat KLCI can outperform the 1332?  If yes, you will also arrive at the new magical number which is higher.  So, make a choice... :)

wat a &^%$#$# question is tat?

i believe even 2000 points is also nothing impossible...

 >:D
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Offline Nanzhan

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Re: 1350
« Reply #6 on: April 16, 2007, 09:55:01 PM »
Huh... 2000 points is a lot to me.  :o It would be like more than 50% rise in KLCI.  Booffett, is there any concepts that you can share on why you think the figure is achievable. 

Thank you sifu.
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Offline Maxforce

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Re: 1350
« Reply #7 on: April 16, 2007, 10:53:39 PM »
Quote from: Nanzhan on April 16, 2007, 09:55:01 PM
Huh... 2000 points is a lot to me.  :o It would be like more than 50% rise in KLCI.  Booffett, is there any concepts that you can share on why you think the figure is achievable. 

Thank you sifu.

2000 possible, 2600 also possible ;D ;D ;D
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Offline earwax

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Re: 1350
« Reply #8 on: April 17, 2007, 12:20:57 AM »
*scratch scratch*

More confused than ever...  ???

I am asking what u think will happen when the KLCI hit 1350 and you tell me it will reach 2600...  :-\
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Offline Maxforce

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Re: 1350
« Reply #9 on: April 17, 2007, 03:27:41 AM »
Earwax,

A trader must not time nor fix the market to behave in a certain way.
This is a trading sin.
Let the market decide what it wants to do.
Be ready to read the signs and take necessary actions as the situation call for.
Perhaps at that time, it calls for one to liquidate all equities.
Perhaps at that time, it calls for one to top up for more positions in equities.
There really is no need to predict/worry what will happen.  8) 
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Offline earwax

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Re: 1350
« Reply #10 on: April 18, 2007, 11:59:19 AM »
Quote from: Maxforce on April 17, 2007, 03:27:41 AM
Earwax,

A trader must not time nor fix the market to behave in a certain way.
This is a trading sin.
Let the market decide what it wants to do.
Be ready to read the signs and take necessary actions as the situation call for.
Perhaps at that time, it calls for one to liquidate all equities.
Perhaps at that time, it calls for one to top up for more positions in equities.
There really is no need to predict/worry what will happen.  8) 

Thanks. What abt for investor? Now the market going up right, so it's good for short term. What abt for long term investor?  ???
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Offline Maxforce

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Re: 1350
« Reply #11 on: April 18, 2007, 12:35:10 PM »
A trend is assumed to be in motion until it is stop.
Monitor the trend.
Would you say the medium term trend is up or down?
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Offline booffett

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Re: 1350
« Reply #12 on: April 18, 2007, 12:44:32 PM »
Quote from: Maxforce on April 18, 2007, 12:35:10 PM
A trend is assumed to be in motion until it is stop.
Monitor the trend.
Would you say the medium term trend is up or down?

ah, wat kind of question is this?
ppl that have eyes will see up lah...
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Offline Maxforce

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Re: 1350
« Reply #13 on: April 18, 2007, 01:48:41 PM »
Not necessarily, I have some analysis from Gann practitioners which think D-Day is coming.

One should formulate strategy base on own analysis - hence answer to that question will tell the individual what to do :P
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Offline penang_lim

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Re: 1350
« Reply #14 on: April 18, 2007, 10:50:08 PM »
D-Day is coming?  ???
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Offline Maxforce

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Re: 1350
« Reply #15 on: April 18, 2007, 11:05:40 PM »
That is according to some.
If not we wont have a market right?
Someone must buy, someone must sell.
The one who buy think it ll go up somemore.
The one who sell think it ll go down already.

Who is right?
Time will tell lo.
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Offline Nanzhan

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Re: 1350
« Reply #16 on: May 04, 2007, 12:13:23 AM »
Based on today's CI, it's surely possible for this magic number to be breached.  Definitely.  ;D
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