Friday, April 21, 2006

Bull run - Will it last?

Its taken merely days for the sensex to move from 10K to 11K and now from 11K to 12K. What does this mean for the small investor? Well the pundits claim its just a regular run and the market, companies etc. are unlocking their value.

There are also other alternate thoughts that claim the run is about to get over as FII investments are going down and would further slide as we move into 2006.

I remember the days of Harshad Mehta and Ketan Parekh and also remember the same pundits giving similar reasoning for the bull run then. Those days should not be forgotten when the deeds of these two gentlemen(?) led thousands of small investors to near bankruptcy.

Hope SEBI, Mr.Chidambaram and team are watching this carefully. The important question is how long will the bull run last?

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