friday's stage set, page-23

Market is always right. Basically do not fight it. I have no idea how we are going to travel. Most of us apply our logic and belief - it does not work. Just follow the tape.

I should have been clearer - comparison has been made with Mar 2003 onwards and Mar 2009 - current. The expectation then - was a retesting of Mar 2003. If you look at Mar 2003 data you would see minor pullbacks.