Waning sentiments?

WHEN analysts start talking of India as a good long-term story for five to 10 years, that itself is indicative of what lies in store for the market in the short-medium term. May I ask them if they can predict the political landscape of the country for such a long period, never mind the economy and the financial markets? The market has run up a lot purely on sentiment coupled with a fair bit of good luck—but both elements are seen to be waning fast.

http://gfilesindia.com/frmArticleDetails.aspx?id=1203&Name=STOCK%20DOCTOR

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gfiles is the country's first independent magazine written, designed and produced for India's civil services—the vast and formidable network of bureaucracies and public sector organisations that provides continuity and stability to this nation's governance.
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