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Bursa Malaysia => Equities => Topic started by: earwax on April 16, 2007, 12:28:13 AM

Title: 1350
Post by: earwax 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?  ???
Title: Re: 1350
Post by: Nanzhan on April 16, 2007, 12:49:21 AM
Yaloh.  Don't know why this figure so important. I thought KLCI already confirm hitting 1500? 
Title: Re: 1350
Post by: 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... :)
Title: Re: 1350
Post by: Maxforce on April 16, 2007, 03:42:15 PM
Cos our dear PM pick the number from the sky? >:D
Title: Re: 1350
Post by: Salahdin on April 16, 2007, 04:46:28 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. 
Title: Re: 1350
Post by: booffett on April 16, 2007, 05:00:58 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
Title: Re: 1350
Post by: 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.
Title: Re: 1350
Post by: Maxforce on April 16, 2007, 10:53:39 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
Title: Re: 1350
Post by: earwax 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...  :-\
Title: Re: 1350
Post by: 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) 
Title: Re: 1350
Post by: earwax on April 18, 2007, 11:59:19 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?  ???
Title: Re: 1350
Post by: 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?
Title: Re: 1350
Post by: booffett on April 18, 2007, 12:44:32 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...
Title: Re: 1350
Post by: Maxforce 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
Title: Re: 1350
Post by: penang_lim on April 18, 2007, 10:50:08 PM
D-Day is coming?  ???
Title: Re: 1350
Post by: Maxforce 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.
Title: Re: 1350
Post by: Nanzhan 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