Tuesday, March 20, 2007

^V^ Look at d big picture ^V^

^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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