Hey Jay, dude those who predicted 25k-30k sensex are the same ones predicting a 12k sensex now....they always knew what they were doing ...just that they don't really care for the "pigs" ...we were in a "pig market" back then and are in a "sheep market" now.....this happens all the time and with every market, so no point blaming the brokers for being greedy when so were most of us in the first place in expecting stocks at ridiculous PE ratios to keep going up.