I am back.......

Friends,
I am back to work.I am back to USA.
One of the reader gave the link of "ET Now Market Summit 2010" and I was able to see what Chris Wood of CLSA and RJ spoke.I would have liked to hear and see what Shankar Sharma, Manish Chokhani and Samir Arora spoke.If anyone can post that link I willbe gratefull to them.
Now coming back to what I heard what Chris Wood Spoke and what RJ spoke....I am writing it down here ...
1)" Fundamentally Silly" to worry about inflation....that is very important sentence.These is a reply to all those who keeps worrying on Inflation.As RJ righly pointed out that every dog knows there will be inflation and then deflation but market do not moves as per them.
Bottom line,don't read too much on when the Guru's speaks out pessism.
2)According to Chris Wood, India can grow at 9% for next 5 yrs .That is huge.As Rakesh pointed out that with such a big country, 9% growth is too much world can ignore not to invest in India...that is the finer print to understand....
3)I saw one clipping when I was in India, of Manish Chokhani saying, that Chris Wood says that even if world collapse again , India still will be insulated, because India has got 40,000 tonnes gold with the people....and that makes it worth $1 trillion....that is huge huge.....so the cat is out....I have been trying to figure out how much GOLD people of India possesses......I got it this time...and am extremly excited to hear that......40,000 tonnes GOLD wow!.....How many countries poeple have this kind of Gold ?
4)Chris Wood says India has decoupled......and I think that is the decoupling we are talking of.That is a great sign for us....
5)Chris Wood says, India is not cheap but also not expensive.When he says this remember that he talks of MSCI Index stocks or A gr stocks and not B gr stocks......
6) Chris Wood advice to buy Dollars......I think it gives all answers for any sceptism......

Rakesh has been bullish on India and that he says in open.I have been bullish on India and that is open too!He says that we will touch a new high by Dec or by next calender year , means Mar 2011.Now when market makes a new high it is obvious that it will not cross 21k but also go up much more then that.
Now it is your call what to do and what to buy.....but as I have written many times, this year is turning out to be the year of Small/mid/penny stock.I am seeing many stocks making 52 week high.Many of these are manupalated stocks and many have stories in it.......the key is we need to be there in it and need to book profit as well to capitalize the gain.....