In the stock market, there are times when even the bulls don't know why they are so bullish. At other times, it appears bears are the only creatures on the street. There are, however, times when nobody is in control and the market is in a state of confusion. Like the one which we are currently in. Liquidity remains high, but valuations, though they have come down a notch or two, still cannot be called cheap. Then there are some events which the market is looking forward to but are getting postponed for one or the other reason. As investors, you need to deal with this situation, even though it will not last for long.
