I have been told by some subscribers that I have a bearish tilt to the blog.
I also been told that I am looking at an extreme scenario here for the markets.
Let me reiterate that I am bearish the WEST and I do have some bullish medium to long terms views on certain markets.
Let me put that in writing here so that in a couple of years we can come back and revisit these long / bullish views that I have on the markets.
In my opinion - in the next 5 years or so we we will the below markets accelerate and sitting at pretty higher levels than as of now.
India - Sensex and Nifty
Korea - KOSPI and KOSPI2
Taiwan
In my view - in the next 3 -5 years we will be seeing the below markets at much lower levels. Hence they will correlate to the WEST on the downside and I am bearish these markets
Japan - NKY
Hong Kong - HSI
Australia - AS51
The Indian SENSEX is at 19000 or so as of now.
I am pretty sure that it will cross its 2007 high and end up near the 30,000 territory in the next 3-5 years.
This is a BULLISH call from my side.
Taiwan should take out its 1997 high and also its 2007 high.
This is my second BULLISH call for the medium term.
The Korean Index will exceed its 2007 high like the SENSEX and will be at much higher levels by the 2016 or so.
I think the NKY will fall at or below the 2008 lows.
I am bearish Japan.
I dont buy the BUY JAPAN NOW argument at all.
I have said in my earlier posts that NKY can head to 12000 - Yes - but that will be it. The next leg will be lower and this should take NKY towards the 2008 lows.
China
In my view - it will go up for now - but a peak should be close - either this year or next and then China should then head lower for the time being.
I am not bullish China like I am bullish India.
I think Australia and China will move in sync.
They will peak and then drop together.
I am more inclined to say that China will peak and then head lower taking Australia with it.
This should happen in the next 2-3 years.
I also been told that I am looking at an extreme scenario here for the markets.
Let me reiterate that I am bearish the WEST and I do have some bullish medium to long terms views on certain markets.
Let me put that in writing here so that in a couple of years we can come back and revisit these long / bullish views that I have on the markets.
In my opinion - in the next 5 years or so we we will the below markets accelerate and sitting at pretty higher levels than as of now.
India - Sensex and Nifty
Korea - KOSPI and KOSPI2
Taiwan
In my view - in the next 3 -5 years we will be seeing the below markets at much lower levels. Hence they will correlate to the WEST on the downside and I am bearish these markets
Japan - NKY
Hong Kong - HSI
Australia - AS51
The Indian SENSEX is at 19000 or so as of now.
I am pretty sure that it will cross its 2007 high and end up near the 30,000 territory in the next 3-5 years.
This is a BULLISH call from my side.
Taiwan should take out its 1997 high and also its 2007 high.
This is my second BULLISH call for the medium term.
The Korean Index will exceed its 2007 high like the SENSEX and will be at much higher levels by the 2016 or so.
I think the NKY will fall at or below the 2008 lows.
I am bearish Japan.
I dont buy the BUY JAPAN NOW argument at all.
I have said in my earlier posts that NKY can head to 12000 - Yes - but that will be it. The next leg will be lower and this should take NKY towards the 2008 lows.
China
In my view - it will go up for now - but a peak should be close - either this year or next and then China should then head lower for the time being.
I am not bullish China like I am bullish India.
I think Australia and China will move in sync.
They will peak and then drop together.
I am more inclined to say that China will peak and then head lower taking Australia with it.
This should happen in the next 2-3 years.
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