It looks like corporate earnings are more or less good and though some corporates have missed but overall indexes are doing well as corporate earnings have flat out blown estimates. Also forecasts have been good and as per wall street estimates with profits growing at 12-15%. Until now, I haven’t seen anything to take money out of market and so I am staying in the market. The GDP number on 29th is coming out and if it does come out around 1.5% as Roubini said then it may force me to pull my hand out of the market. Until then, there is no point betting against such strong momentum.
