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RE:RE:SENSEX WILL SEE 8000 by end of 2008
by Sameer on Mar 17, 2008 06:20 PM
5000 is my guess. world economy is 50 trillion and derivatives are close to 600 trillion dollars.
Most of the economic expansion in the last decade has been created by credit and it is GONE.
Would invest in market again when down to 5,000.
Just to give you an idea..Japan's Nikkie was 40, 000 in 1986 and after 20 years it is 12, 000.
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