I can see FTSE NSE15 and FTSE NSE25 are up 2.83% and 2.61% today. Since the heavyweights didn't rally hard today NSE20 is likely to close 1.2 - 1.5% up which around 4830 - 4870 zone.

OMG! I underestimated today's rally. 15pts away from the 5000 handle!!! Resistance levels from 4700 have been blown out off the park!

Forecasts have been generally good so far except for effects of inflation and elections where taking the opposite position worked.In both TAs and fundies,timing was the most difficult to achieve.

Let me share some findings - When its bottomed and thriving:

1.When brokers stop contacting people for great deals.
2.Very few threads on stocks on Wazua.
3.When brokers are getting profits.
4.When the investor section is more or just as popular as the politics section.
5.When 'wanjiku's' start asking for investment advice and more frequently.
6.When ATS and Online trading systems stop failing - Note,I have noticed mystocks was failing when the market was upbeat.
7.When companies show they are more resilient than market conditions.
8.When Wazuans/Wazualets stop arguing over the market and positions.
9.When there are large and consistent trades.
10.When people are complaining about their cash positions
11.When people start focusing on exit targets rather than looking for bargains.
12.When people stop clinging on to a few shares as indicators.
13.When speculation overrides sentiments.
14.When people are more concerned about TA than fundies.
15.When people throw out both fundies and TA out of the window.
16.When neveready is the highest gainer of the day.Actually happened!
17.When market returns surpass inflation.
18.When more and more companies are expanding.
19.When IPOs and rights issues are on the rise and oversubscribed.
20.When the media shifts from sugarcoating bad news to preaching the good news.
21.When people stop finding the alternative investment segment attractive.
22.When people are more worried about getting out than getting in.This works both ways,when people are feeling both the greed and fear.
23.When people have gotten used to a bear market and start predicting how low a share will go.
24.When NSE is more frequent and confident with their 'twirra' updates.
25.When people stop flattery and romance has bottomed.
26.When majority shares stop trading below,at or slighty above P/B and P/E's 'screaming at people to buy' them.
27.When wazuans/wazualets resurface.

for real

[quote=VituVingiSana]The Gambler by Kenny Rogers

http://www.youtube.com/watch?v=Jj4nJ1YEAp4[/quote]

Lets hope for the best and epect the worse