Posted by Jeff Lim > 2013-04-10 06:45 | Report Abuse

Klci will drop to below 1650 b4 election date

Posted by Jonathan Keung > 2013-04-10 09:10 | Report Abuse

it's hard to predict which way the market will move. nonetheless, KLCI is well supported by the local funds ( eg PNB, EPF, Khazanah, LTAT , Tab Haji)

UNless PR romps home then we will see a shift in the government link funds. if the BN still remains in power. the government funds will still stay fully invested.

the danger comes when there is dramatic outflow of foreign funds when they sense there is a change in the policy direction.anyway it's always prudent to be cautious when the GE13 is around the corner

there is a saying " no risk no gain " it all depends on your risk

Posted by iafx > 2013-04-10 09:11 | Report Abuse

today looks like a shaky day, no good

Posted by Jonathan Keung > 2013-04-10 10:09 | Report Abuse

market will maintain momentum prior to actual run up on polling dates. EC will announce nomination & polling date(s) today. rumours circulating 2 May is the (prefer) polling date.

Posted by iafx > 2013-04-10 10:29 | Report Abuse

watchout, index is made up of limited glc counters ONLY, it can lost momentum on the other hand... let'c, be ready on either case :)

Posted by Desmond Liew > 2013-04-10 10:32 | Report Abuse

bcos of the announcement, i stop trading & those can cut lost, i use parang to cut..

Posted by iafx > 2013-04-10 10:47 | Report Abuse

U.S. official: N. Korea missile test could be 'imminent'

http://edition.cnn.com/2013/04/09/world/asia/koreas-tensions/index.html?hpt=hp_t1