1. Old thoughts rehashed : Fundamentally, In my experience since 1991 , every Peak of Bull Market, barring 1992, is accompanied by the best of Corporate Results, Fund flows, Govt policies etc, yet when the last bear meets the last bull then the market reverses.
2.Have been pointing out that the market has cyclical pattern , have also pointed out that the recent rise was a BULL TRAP.
3. Where are we ? 
4.We have seen these patterns in 2004, 2010-11; 2015-16 and now most likely.
5.Have shared this statistics elsewhere. The TOP 10 stocks of Nifty contribute 60 % to Nifty
6. At the Bottom of Dec 20th when Nifty hit 16400 , when it was down by 12 % & the BN was 19% ( just short of a bear mkt laxman rekha ) just 1 stock was positive
7.Kotak ; HUL were 23 % off ATH, while ITC was 20 %, HDFC Twins b/w 17-18; ICICI Bank : 19 %; Reliance 18 % TCS 15 % all fell more than Nifty
8. In many other categories like Metals, PSEs , Chemicals many popular stocks were crushed much more Yet, there was no hue & cry about a Bear Market since there was no discernible BAD NEWS
9.What this means is LIQUIDITY trumps FUNDAMENTALS every single time
10.The PAIN is NOT in the INDICES
11.LIC is planning to raise 75k Crores through its IPO. That's almost 60 % of the total value of money raised through IPOs last year (Rs. 1.18 Lakh crores) which itself was an all time record.
12.With Global CBs turning off the tap of liquidity in March & RBI also having already done so, will there not be ENORMOUS STRAIN on liquidity, esp March is the month where everyone is scrambling for liquidity?. Think Please Think .
13.@threadreaderapp "unroll"
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