Dear Pranks Buddy My Internet-lines is walking more slow than a Tortoise last 40days to be precise and myself was a bit too Busy so couldnt find time to go further down the link to read all messages directed to me
YES to be precise i would have not agreed with RJ on his comments of Bear markets If not for the Inflation/oil-prices We shud have settled down by now BUT the retracement is only bcos of some stability on DOW and good yr-end results which was expected due to advanced tax-collection
We who r working abroad can feel the impact of Inflation more than u guys who r back home in India where the Govt intervenes to keep the prices of essential commodies like Food etc Down But here its a free market and not under any control
OIL upside will still push-prices upsides on Rice/Wheat/Urea Etc WallMart today has placed a limit of Two-50Pound-Rice-bags for Each individual can purchase Inspite of US being the Largest producer of Food and is selfSufficient with large-exports
We in india are lucky for having the largest output on foodGrains this yr with an extra 10million BUT prices went up bcos cost-of-inputs have gone-up
Govt will ban exports/RBI will again clamp CRR and can increase Repo/ReverseREPO rates to Curb inflation by sacrificing Growth THIS is bound to happen AND being election-yr One shud have no Doubt about this happening
US shud confirm a Sure mild-recession by May-end or Mid-june which will take markets and dollar down resulting in push-up of OIL again Until US stops filling-up their 700Million-Barrel strategic-reserves but instead releases them likewise they did mid-august-06 BUT this mite not happen bcos of impending Iran-Attack-planned
Rice/Wheat have risen 200+% down-here in middl;e-east rent and properties between 200 to 500% since last 15months
There is a boom but the Doom isnt far away
Caution is the Word
If election is called markets will take a initial-tumble AND i dont expect this until farmers loan is cleared by 31-june SOON after i expect the nuclear-treaty to be ratified and Govt to Fall into minority status with elections End-dec or mid-jan is my VIEW
Hence RJ can be proved write 13500-14500 can be touched
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Moneycontrol 
