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Where is the bottom?

After the Sensex closed at below 14000 levels this week, everyone is wondering where the bottom is. If crude continues its upward journey, reports indicate that the Sensex could well fall to 12000.

It's the same story again. The first two days of the week saw the bulls getting thrashed. They managed to regain some ground on Wednesday and Thursday. But by Friday there was blood on the street again. The Sensex ended the week below the 14,000 level to close at 13802.22. The Nifty closed at 4136.65. There was a lot that happened this week. For one, it was a derivative settlement week. In what seemed to be a desperate political move to rein in inflation, the RB


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