Is the worst OVER?

The investors in India are living with most terrible days in the past 25 days and likely to live in the dreadful future until Sep-07 results. The nightmares are very likely to continue unless the Nifty trades above 4280-85 levels and the low shall not touch 4145 level in case of such positive move. The Nifty touching new high at this point in time looks very bleak but sure it crosses in Jan-March, 2008.
The sectors are becoming weak day by day and day after day due to sub-prime and local political uncertainties. The left wants the people should forget the unpleasant, untimely uproar they have created. Most of the scrips are out of bull grip and now the damage erased the chances to cross the new high. It needs to re-look at the current valuations in the light of future growth prospects and the policy liberalizations. In case the 123-Nuclear fails to gets clearance from political hurdles, it is very unlikely that the further FII in-flow will be at lower pace and our markets dry up in 6-9 months period that reflects with lack-luster stock performance.
The above condition is bearing 15-20% to happen; the opportunity to invest in India for the overseas firms is the heaven that they can least afford to loose.
The strengths of India are many to elaborate; the ever increasing educated youth and the wide geographical spread with large coastline, forests and mineral rich hills coverage are the unexplored jewels of India that can absorb several FIIs, huge amount of Investments with assured return on capital. So those who have the perspective investment horizon of 3 years can reap lots of appreciation in their investments. But the traders who are long may need to work out their cost in this turmoil season.
No net connection for last 3 days. Stock specific levels tomorrow.