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Friday, May 7, 2010

Bubble is bursting at last

All is well....this is not only the catchy line of latest film 3 Idiots.....but this is the day to day 'Mantra' on dalal street since last 6/9 months......economy does'nt grow only on plastic products like mobile handset and computers....and never grows on just service sector.....core sector development needed.....
the debt fear is a just a trigger.....and now bubble is bursting......
this night DOW plunged near about 1000 points dragging it below 10,000....the VIX is at 6 months high......
IS 12500/11000 FAR AWAY ON SENSEX.....????????
I say NO...!!!!!!
think over it....
if you have invested @ 18k/17k and it came back to 11k or even tested earlier low....then you will have courage to say ALL IS WELL with keeping hand on you heart??