As Q3 '08' results are round the corner, there could be decline of at least 10% in the earnings of the big firm. And also technical analyst's are expecting the GDP growth of US, JAPAN and other developed countries to fall by 1 or 2 % in the next year. I also read an article saying "Market cap of ten Indian firms drops by $12.2 Billion in a week", six public sector and four private sector entities (Source:Silicon India).It means currently market is trading high. So we may re-touch the bottom (2300) which we had seen during the month of Octobers. Since the elections are also near, we may not see much higher level from here onwards. So market may be range bound between 2300 to 3100 and Sensex around 7800 to 10200.

So what I mean to say here is, this quarter market will be highly volatile, so short-term-traders should be more cautious about this. Always have a stop-loss of 2-3% otherwise you may end up in mess or else wait for another 2 months for the better investments.

If any of you people have bought the ULIP'S and if it is in growth scheme, what I suggest is switch over the fund from growth to death and revert back in the month of Feb. By doing this you will get more units/more profit...

Happy Investing...