Farsight,
On a serious note, where do you see the market heading over the next month or two?
I would have liked it to tank a bit and then resume the upward trend, but then I realised I could be waiting a long time.
My gut feeling is that there is a lot left in this market and the bull run may be longer than anticipated.
The commodity demand from China and India will be there for a long time, so resources should continue to do well. Infaltion is under control with the reserve bank revising it downwards to 2.5% today. It is probable that there will be tax cuts in the budget, so more money to pump into the market.
What are the negatives?
Lalit
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