"It is only when the tide goes out that you know who was swimming naked" - Warren Buffet
About a year back investors were euphoric when the Sensex hit 21,000 and when I look at the bloodbath the markets have witnessed in the last month, it's hard to believe that it is the very same market and the very same TV anchors & investors talking all about gloom and doom! In my article a few weeks ago, I had taken the risk of making a forecast - that the markets would fall further (Click here to read the article). And I am glad that I am vindicated but what next? Will the markets fall further?