Like all great things in life, markets are beyond language!

I have been reading quite a few reports on "how china will crash", "Why the US will default on its debt" and "how we will eventually slip into a Great Recession or Depression" finally leading to yet-another mother-of-all-crashes. Heard of "double-dip" and other such theories? "V-shaped", "W-shaped", "Square root symbol shaped", "Inverse Square root shaped" etc.

For whatever they are worth, there are as many theories of the "eventual collapse" as there are economists & analysts.

The opinions & analyses presented in these reports is so out-of-sync with what is actually happening on wall-street. Markets have been very resilient and have refused to crack even after so much persuasion by the doom-sayers. Makes me more & more bullish as a trader as I go through yet-another report on why "stocks are doomed" to retest 2008 lows! Have been reading them for quite a while now, almost 10 months.

It's like saying, "Everyone except me will make the same mistake again."

It is important to remember that the market & its participants are not as dumb as the analysts believe and do learn from their previous mistakes and may not repeat the same again, atleast not in the same fashion.

Markets normally do not need to be told on "when to fall" and "how much to fall". They will do it when they have to in their wisdom, when thats the right thing to do. After the last of the bears covers the last of his shorts in desperation (fear?) with a market-order and goes double long (greed?)!

I believe, like all great things in life, markets are beyond language and cannot be explained in a few sentences and/or in a few equations of a report.

As far as my positions are concerned, I am long on commodities. Have no position in Nifty futures. Have investments in stocks.

Stay relaxed, stay focussed & stay profitable!