He said while interview tat he long time did not involve in the financial market nor does he interested in the market.

I hope he will change his mind thou.

he is a professional, why would he help our country unless it benefits his pocket

of course he will be benefited...i really don't know what the purpose he come to Malaysia this time....as friend? as investor? as speculator? as....??? I think this time he come to Malaysia the purpose is not easy like just make friend with
Tun M!!!
What is the purpose ???

Just to promote his book so that it can sell good.

A share or stock market can be pushed up to whatever ridiculous level (just like Nasdaq hitting 5000 level or 2nd board hitting 700 level) but if it has no fundamental backing i.e. economy growth, company earning improvement, wealth creation etc, surely the market will crash back then more people suffer from the crash.

Whether the CI or stock market is being pushed up or not has no meaning if fundamental issues as stated above does not improve. On the other hand, if the fundamental issues are improving then surely the market will follow suit and goes up to a valuation comparable to its fundamental.

There is no point of hoping CI hitting 1300 or 1500 or 2000 if listed company are struggling to improve their profit that match its share price. A share is priced at certain level has its reason and valuation not simply a number.

CI now strong support is at 1050 level..to reach higher...i expect it need to touch at this level & do a round-shape or v-shape rebound to make a new trend that can forward to 1100!

The purpose of consolidation is to wide out contra player, stupid player, change hand from stupid to smart player, to reach higher...this process can not be avoid, if not the CI cannot sustain!

& I forsee the 2nd board is coming...some accumulation...like HWATAI, SDKM, TAWIN have start it moving engine!!!

This post has been edited by investmentlink: Dec 17 2006, 09:05 PM

share price react based on expectation. Fundamental is just a reference.
93 97 2000 2003
All the shares moving to ridiculous level, so

Not really, it is end of the year, many people are falling asleep in holiday mood. You will see a short term downfall.

i believe it will starting to fall back some ..
and .. stand at 1200++ point ~
haha ..

KLCI gained 20.85 points today and settled at 1117.09. That's a lot since the previous hike!

This post has been edited by David83: Jan 3 2007, 08:16 PM

1200 up up and away

Singapore market hit the 3000 mark today.

I couldn't believe my eyes when I saw it on BBC. Is it true or is it a misprint?

Cheer! Another new high!!!

My projection variance:
2000-1117=883...to go!

For me it will be around 1550-1600.......

2000 is very hard, for me it is impossible this year.

Gained 51.91 and closed at 3037.74

Today's KLCI performance is not that good.

If no one believe CI can go higher that mean CI will go even higher! If people start to think CI can go higher, that mean this is the danger signal!

Shares market are too volatile nowadays. A little bit of news can hav a massive effect on shares market. CI wont really go down again as it has its own supportline. However anythin may happen to break down CI such as Thai recent news.

Another down day for KLCI ...

Lost 7.13 and closed at 1106.06

As long as it CI did not break the upward trend line, any downside movement will absorb & support & the upward trend will resume!

KLCI up1.2%

PETALING JAYA: Renewed interest in technology-related counters sparked a broad-based surge on Bursa Malaysia, pushing the Kuala Lumpur Composite Index to finish 13.27 points, or 1.2% higher, at 1,119.33 on Friday.

The upward movement in the prices of semiconductor stocks spilled over to other technology counters and boosted trading volume.

Analysts said institutional funds were picking up technology counters such as Unisem (M) Bhd and Malaysian Pacific Industries Bhd (MPI), which had been hit by the weaker outlook forecast recently.

Chipmakers Unisem and MPI were among the stellar performers.

Unisemjumped 17 sen, or 7.83%, to an almost two-year high of RM2.34 on moderate volume of 12.6 million shares. MPI opened at RM11 and hit an intra-day high of RM11.40 - its highest price in 12 months - before closing at RM11.30.

Source: The Star Online
URL: http://biz.thestar.com.my/news/story.asp?f...09&sec=business