Are we headed up and up and away ?

This is an interesting point to keep in mind. What if we do not fall and go up ? Good for all. For most of us and even the FIIs go long to earn from the stock market. If some of you remember, we had messaged that LIC is of the opinion that we do a higher high or in plain words we do a new high well over the current one, before any correction actually sets in. This news came over a week ago. We perhaps did not come to know what could be the top. A recent news being circulated around says 5K is to come well before expiry. Can it ? It can. Bernanke speech that day did in fact make the market strong in the US. And till yesterday were were hitting higher highs. Some minor crack needed again for market to shoot again. Better to trade more longs than shorts should be the strategy. This news even talks of coming off or cooling down before expiry by a large margin. Every time such estimates come . Point is are we going to do all this in a single month . Tough to guess. Difficult to attain. Mostly such strategies have not come up. October starts with results again. So do we go up again ? Looks like Diwali will be the turning point and not any sooner. We take auspicious trades at the festival and so will the FIIs.
All the best to all into the stock market.