Happy Deepavali

I have been writing this blog since Oct 2006. That is five years of tracking this market. We have been through a bull rally in 2007 followed by the bust in Jan 2008. Market bottomed out sometime in Mar 2009. It then rallied again till Deepavali 2010. Since then it has been correcting till this Deepavali. I have a feeling that the correction is almost over both time wise and price wise. We are all set for a new bull rally from now on.  Macro economic indicators suggest that rate tightening cycle is about to reverse sooner than later. Inflation should also be down. Market participants will look at indices more rationally now on. Fear determines the short term trend and hence the downtrend. It is in these fearful times that we do not need to research for good stocks for they are also available pretty cheap.

From now on I shall be writing regularly. At least one post a week. So do visit this blog regularly.

Wishing you all a very happy Deepavali and a prosperous new year.

rgds
Vibhas