20061130 Some participants in the market like to indulge in long term forecasting or "looking into the crystal ball". These are forecasts of target levels where they think an instrument or index might 'reach". This can be dangerous, as it will create a 'bias' in a trader/investor's minds, and thus they throw risk management out of the window.(stop loss) In truth long term trading or trend following can be a difficult task, and often requires a higher pain threshold of risk. But here goes anyway, I'll dabble in this for a bit of fun. If you look at the monthly chart of the KLCI, and project the Fib levels of the move from A to B, from C, we get an ultimate target level of around 1290. Bear in mind that it will take months to reach that level, if it ever comes at all.