20070227 0952. Thes was what Dow Jones reporter eked out from the dealers, who are the specialists in the market: "0035 GMT [Dow Jones] KLCI may open higher, possibly rise to around 1280, as investors cheer mildly positive domestic newsflow. Charts indicate market's uptrend still intact; dealer expects KLCI to hold 1270-1280 range with upside bias aided by good set of quarterly results from government-linked companies while generous dividend payments likely to lend support to the market. "Penny stocks and speculative issues are likely to dominate trade in terms of volume but there is some confidence that foreign funds are among buyers," he adds. KLCI ended down 0.8% at 1272.87. (VGB) "

Didn't turn out as expected judging from the fall in the March FKLI.