Monday, May 15, 2006

Is It Time To Wake Up?

We had our dream run of dream runs, looked like nothing would stop the sensex from moving to 13000...14000...

Then reality hits us, this could be a dream for all we know. Is it time to wake up?

Very likely. We know the hazards of calling a market top. We have made a fool of ourselves before trying to do it.

But this time something, maybe our years of mistakes in the market, tells us we could be on target.

Lets hope the waking up is not as painful and long. As it is usually is after a long long dream run.

Better still, for the bulls, we hope we are wrong again!

We still need a few clearer indications to tell us that we are in the bear mode but lets trust our instinct for now

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