Sensex Approaching 10000!

Greeting to Fellow Countrymen on our Republic Day!

When Pandit Nehru spoke of "India Awakening to Freedom..." not many took him seriously. It took us 50 plus years to convince the world to our potential.

Now we hear of India in the same breath as China. Somewhere inside not all of us are convinced we are so good. I do not think we need more proof.

The Infosys', Wipro's, Ranbaxy', Cipla's and Dr Reddy's are not a flash in the pan they are the tip of the potential iceberg that is the Indian business scene.

Three Cheers to our Great Country! May the next millennium be the Indian Millennium.

Coming to the markets. The sensex is on the way to 10000. Will it reach it or not is another issue but the undertone is still so bullish that it does not seem impossible.

We might worry about the valuations at this point but technically the markets are strong. Sometimes the irrationality can last longer than we expect. Whatever the story

be. The long term is Bullish no doubt. Every panic and drop in the market is another chance to enter good Stocks.

As for us traders, we profit whatever the markets and valuations be.