^V^
Know why Tan Beng Boo is so positive on KLSE outlook ? although KLCI2000 is a little unsense but bullish outlook is still intact due to reasons as below :
1) Datas shown US Economy is slowing down , int rate cut by Fed reserve is only matter of time, previously if US economy goes down, d whole world economy will follow d same but it is a bit different now, why ? cos we have another 2 machine running >>China n India ^V^
2) Any cut of int rate by Fed will lead to dollar depreciation, if dollar goes down, RMB N ringgit will go up, thus more fund will flow into share mkt.
3)Once ringgit n our reserve getting stronger, it will boost d confidence of Malaysia economy esp stock mkt.
Base on the above, i have every reasons to believe that KLSE is bullish in mid n long term ^V^ anyway, KLCI 2000 is abit unlogic, 1,500+- is more pratical ^V^
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