Well again I am sticking my nose out. While not sure whether market will go to 15K or even lower, I think it is about time to start picking up good stocks. There is no doom gloom situation in the world. India is doing well, though FIIs are pulling money to put back into their own markets which are picking up. This has helped remove the mania that existed since Aug/Sep. The valuations for long term investing (3-5) years look attractive. Go for large caps which could give you at least a 15% return in this period. If you can spot midcaps, returns could be much higher.
Happy investing!
