Posted by laughdieme77 > 2014-10-16 17:04 | Report Abuse

real support is 1600 for klci in midterm.

in short term, u have 1770 as a support. today closing broken by foreign fund panic selling.
then u have 1700 support. after that back to pre-budget day support
1600.

that is the real support level. so, we have "potential downside" of 170pts from here.

of course it wont drop straight line down, it will have a lot of weak support and weak rebound in btw. but the conclusion. 1600 by next year is highly possible.

Posted by Up_down > 2014-10-16 17:09 | Report Abuse

Foreign funds dump the market as KLSE was claimed one of the highest valuation among countries in the region.

Posted by laughdieme77 > 2014-10-16 17:10 | Report Abuse

all artificially prop up to make klci looks good. now foreign fund exiting in a big way. heavy selling almost everyday.



Posted by Up_down > Oct 16, 2014 05:09 PM | Report Abuse

Foreign funds dump the market as KLSE was claimed one of the highest valuation among countries in the region.

Posted by Up_down > 2014-10-16 17:17 | Report Abuse

The market will be volatile in near future as the market has triggered selling pressure to foreign funds. Their machine will continue pop up exit alert to protect capital.

Posted by NikoRosberg > 2014-10-18 11:58 | Report Abuse

KLSE better than US? KLSE is doing much worse than US this year