The boom in India

Those are the lines I am thinking along BP. You mentioned sometime back, and I did notice it myself that despite the Sensex having gone up overnight the MM's didnt mark up.

Well we have seen a rally in the Sensex over the hols and Uk markets have obviuosly been closed and cant price in the gain.

Imo Jiiw could still run a further 30% or more seeing as the Sensex is over key levels. If the MM;s are asleep again then it could make a good quick trade. Its always scary though when if in the morning they dont mark up pre-market you wonder whats going on. And later in the morning they wake up and realize why people are buying! Hope they are asleep come monday. :)

However remember Jii JIIW and sensex are all in overbought territory. Doesnt mean they will fall back just that they any rises now wont be sustainable for long. So it truely is a trade for JIIW seeing as they expire soon. However as magal pointed out the Indian economy is going guns and long term JII and a good bet imo.

Hope you all had a good Xmas!