http://www.etfguide.com/research/226/8/Bulls-or-Bears-Who-Will-Have-The-Last-Laugh?/
and
http://www.etfguide.com/research/227/8/5-Disturbing-Facts-For-The-Bulls/

These articles warn that another big crash is imminent.When i saw the chart for S&P 500 PE ratio, it looks like a Armageddon if it really falls to that level! But i think , the FED and other central banks across the globe will keep printing money to keep the markets high.

The sensex seems to be correcting this week and is back to 16K levels.I think we can start investing in MFs if it becomes 14k levels.Otherwise, best is to follow individual stocks as Yogesh points out in his blog(happionaire blog).

Most of the Yogesh's reports have not done well or posted modest gains .I htink we can wait for a longer period of time to see who is correct.Yogesh still advises gold.

http://new.valueresearchonline.com/story/h2_storyview.asp?str=100872

A good article.It shows how the politician-builder nexus prevented consumer friendly building laws from coming to reality.Very sad state of affairs in India.

Dow 10000

Seems Dow 10000 is far away, according to
http://finance.yahoo.com/news/Why-Dow-10000-Will-Remain-etfguide-3642016142.html?x=0

I was surprised that Indian markets touched 17K.Better to take profits if the markets keep going up without any rhyme or reason.I think the amount of quantitative easing done by various governments are the reason behind this rally.Since, the interest rates are very low in usa, the money cannot be kept in us banks earning less interest rates.They will go into some things like equities or real estate causing another bubble.

My guess is world markets will keep swinging between certain range for next 5 years.It will not touch new highs or break new lows.

Will interest rates in India move up?

http://new.valueresearchonline.com/story/h2_storyview.asp?str=100738

Ritesh Jain thinks so in this article.I guess once you have govt. handing out lot of money in benefits like NREGA scheme etc, the deficit will keep climbing up.The govt has to borrow a lot from banks and private sector will be left with little money to borrow and grow.So, the interest rates will likely go up.Otherwise, the purchasing power of Indian rupee could go down too.

Either way is not going to be good for Indian economy.I guess because of failed monsoons and shortage in food commodities like sugar and dal, the prices of these items will shoot up.This will put a lot of pressure on the govt to control the price.They might increase the interest rates to suck out the money.

Unfortunately, raising interest rates will also be bad for private sector.All in all,, i guess the Indian stock markets are going to go south in 1-2 years timeframe.

King Dollar?

http://finance.yahoo.com/banking-budgeting/article/107605/as-budget-deficit-grows-so-do-doubts-on-dollar.htm

I personally feel that Dollar value will not decrease in the coming decades.America will probably come back very strongly from this recession.Also, i dont see any other currency challenging the $ in the forseeable future.

Mirage in the markets?

A good article in valueresearchonline.com

http://new.valueresearchonline.com/story/h2_storyview.asp?str=100711

The author advises retail investors to use this rally and sell.I have started reading stories of double dip in US related financial magazines.I will take this advice and start reducing my exposure to only few MFs and sell the remaining as much as possible.

US economy hits rock bottom?

If this is true, then the only way is up now!

Read this article from a economics professor at Princeton!

I still have not invested anything additionally in Indian stocks.Yogesh of Happionaire blog fame also recommends not to buy any shares now.He insists on real physical gold