The Bullish Run!!!!

SENSEX!!!!!!!

A recap!!!!!

1000, July 25, 1990
2000, January 15, 1992
3000, February 29, 1992
4000, March 30, 1992
5000, October 11, 1999
6000, February 11, 2000
7000, June 21, 2005

8000, September 8, 2005 : BENCH MARK
9000, December 09, 2005
10,000, February 7, 2006
11,000, March 27, 2006
12,000, April 20, 2006
13,000, October 30, 2006
13,000 from 12,000. It took 124 days to reach 13,000 from 12,500.
14,000, December 5, 2006
15,000, July 6, 2007 -- It took almost 7 month and 1 day to touch such a historic milestone.
16,000, September 19, 2007


17,000, September 26, 2007- Creating a record for the second fastest 1000 point gain in just 5 trading sessions.
18,000, October 9, 2007- The journey from 17k to 18k took just 8 trading sessions which was the third fastest 1000 point rise in the history of the sensex.
19,000, October 15, 2007- The Sensex crossed the 19k mark for the first time on October 15th 2007.It took just 4 days to reach from 18k to 19k. This is the fastest 1000 points rally ever.

20,000, October 29, 2007

The journey of the last 10,000 points was covered in just 869 sessions as against 7,297 sessions taken to touch the 10,000 mark from 1,000 levels.
In 2007 alone, there have been six 1,000-point rallies for the Sensex.

21,000, January 8, 2008

The journey so far was very nice and smooth. Everyone was happy and was enjoying the flow.The bullish rally raised expectations to many folds. In 2007, people predicted Indian economy as it would take India to the top of the world.Many big statements were made :-


"Sensex will cross 25000 mark"
"Sensex will continue to be bullish"

....and don't know what else.

Even I was hoping the same, not as some market analyst but as a common man.... and most of the people expected the same too. Due to a series of jumps in market in a very less spam of time, people had a kind of blind faith in it which led them to invest more and more. People have lost lakhs and crores of rupees in last 1 year. And there is nobody whom you can blame.

But was this blind faith correct?
................don't think so.

In-fact, Was it right for the market to be so bullish? Don't know.

I don't have an answer for this. Nobody has. Obviously everyone has his own way of judging a situation.But whatever is the answer to this question, one thing that we cant deny with is:
"If bullish nature made common man rich, it had made him poor too"


If bulls run, its good. But if they hit with the running speed, its hurts a lot.