One more reason to remain cautious in year 2006. Almost unfailingly the 4 year cycle has worked in US mkts. We might also catch the infection after the current euphoria diminishes.
Time to remain invested only in exceptional companies and to give a hard review to each stock in ones portfolio.
2 Comments:
Where is this chart from?
One theory for this is the correlation between 4-year cycle and presidential terms in the US. Maybe india should be more careful just after elections?
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