The bull run continues. The sensex has it moments of uncertainty but closes up almost 102 points.
Something interesting on the Moneycontrol site, we have Marc Faber talking of a 20 year bull market
or so the headlines would have us believe. The catch word is "can" . He is quoted as saying the bull
market can last for 20 years. That should be around the time Indian would be out beating China, as per the Bloomberg article mentioned before.
You can read the transcript of the interview here.
Marc Faber is too wise a man to throw figures just at random. The interview is worth reading to understand what he means.
About the bull run, he is citing the Japanese example.
In reality he thinks the markets are overheated and may correct sharply. But you read and decide for yourself what he means.
From a trading perspective, let us stay cautiously bullish and ready to change our opinion should thing change for the worse.
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