Posted by lotusf1 > 2012-12-23 06:26 | Report Abuse

Not very sure when dr nazri prepared this report ; if its before last thursday or thursday as markets really dropped on last friday on concerns from Fiscal cliff - the day ,republican speaker failed to get a vote to raise taxes. Could klse going high up again next week when the for fiscal cliff concerns stll remains.

Posted by jumbo > 2012-12-23 07:25 | Report Abuse

Whatever nazri says, it's always opposite

Posted by 8888 > 2012-12-23 09:48 | Report Abuse

he always bullshit

Posted by monreyes > 2012-12-23 11:03 | Report Abuse

he predicted that the index will touch 1,700 but instead turun very laju...

Posted by berid > 2012-12-23 11:29 | Report Abuse

the drop in the index is temporary only.. obama is trying to convince the budget, and want to get agreement by Christmas.. which is next week.. i believe they will try whateva they can to get agreement from the opposite.. so, wait for it.. if good news, the dropped of 11pts, will be simply recovered. 1700 would be achievable.. dont be surprise on the last day of the year, index will up more than 20pts.. =)

Posted by lotusf1 > 2012-12-23 11:43 | Report Abuse

Fiscal cliff fears quadrupled since last week because of the time line ,becoming more critical each passing day ,with no solution in sight to close the deal!Markets and global sentiments had earlier risen on the new s that repblicans and democrats wre nearing the deal.And so markets worldwide went up high.
Dr nazri 's1700 pts forecast next week could be just an 'oasis' on the back of previous good news , as we continue to wait and we wait......for a final -moment- decision to prevent fiscal cliff!

Posted by KC Loh > 2012-12-23 12:01 | Report Abuse

Read Obama's body language! He is not panicking! Republican camp on the other hand is!

Posted by KC Loh > 2012-12-23 12:28 | Report Abuse

Obama has already gotten the concession he wants ie tax for the top wealthy. Now is just allowing more concessions from the fighting fued between the Republican hardliners! Democrats already gave their version of spending cuts to medicals etc. Its basically a take it or leave it proposition to Mr B! With the polls showing Republicans are to blame if the nation goes over the cliff, Republicans are surely panicking! That's why plan B is shot down! They may lose the house of representatives if they continue their antics! This is the republicans own law that they passed on the fiscal cliff afterall! Thank Bush!

11th hour agreement (or concessions) should be reached! Next year mild contractions in US economy too. Not everything is Honky dory! But in the Illuminati-backed Obama we trust! LoL

Posted by KC Loh > 2012-12-23 16:53 | Report Abuse

http://www.reuters.com/article/2012/12/22/us-usa-fiscal-idUSBRE8A80WV20121222?feedType=RSS&feedName=GCA-Economy2010

Posted by lotusf1 > 2012-12-24 07:35 | Report Abuse

Fiscal cliff are now more closer to reality ;both sides vehemently holding to their grounds .thereafter us will probably runs into recession.

Posted by guanteik > 2012-12-24 07:59 | Report Abuse

I believe KLCI will touch 1700 as "said" by 2012 but of course it's not sustainable looking at the window dressing activity.

Posted by innang > 2012-12-24 09:00 | Report Abuse

malaysia msci jan. 2013 call option at 15(+016), offshore currency in
focus chf/usd, plantation stock pick anglo-oriental plantation, stock
on the zoom is axiata (airtime sukuk asset value), penny stock is the
counter which have warrant stock (WA high swing volume with mother
share),long term buy still kulim or fgv

Posted by lotusf1 > 2012-12-24 09:37 | Report Abuse

dr nazri was right on his analytical ...did my own research last night...bollinger band emerged ... leading to possible bullishness