Is the bear dead????

Market showing irrational movements is a clear indicator that we are in the grip of a bear phase though sentiments have improved across the globe but this run up is not sustainable. One major reason is th rally is not concentric, its broadbased name a sector which is not up by atleast 25% mid cap line up( i mean). For a good base to form or even a bull run to take place leaders should be identified but this run is a mixed bag Realty, Banks,CAP goods IT Oil gas all up in disproportiontae form. SO this is first indicator that we will slide again. Use the last phase of short term rally to exit. Penny stocks have also started hitting cirucits.
The next trigger is Elections. Data really reflect that there has to be a rally post election if stable govt forms which is a big question in itself. In India for years I see mili juli sarkar.
This is a macro sense of equity linkages. Now lets see what my analyst friends have to say.
Without offence these were people who told @8000 we are in deep trouble. Nothing happened to Index on downside but on upside after a decent rally these players talk about bottoming of Indian economy IIP numbers etc etc... I seriously doubt there conviction and understanding on our market. I am not an investor with decades of experience but last 5 years have taught me a simple game that large players play. This rally needs a decent 1000 plus point correction on Sensex if at all it has to improve my belief that we have bottomed out. We need to see large cap going up and mid caps to stuck and only selected sectors to make a move thus giving us a sector as market leader.
I dont see India going ahead to post the phenomenal 7-8% growth with the widening of deficits. If manifestos will provide free things to poor and higher tax scale to middle class. From were the Government will get money from to fund for Infrastructure. They will burden us with debt. How can we grow. Politicians are promising something for their vote banks I pray this time let it be words of promise what they are famous for because if they implement this time market can test 8000 also. Yesterday IIP nos are significantly lower and if this continues for couple of quarters also we are in midst of contraction and we will stagnate somewhere between 3.8-4.67% in next two to three quarters.
Newsmakers can cheer for Inflation at 0.26% but for me is Inflation really down except for energy pack we are not actually down. Two yrs back the Cooking Oil was 78 rs a litre last yr it was 115 this yr its 102. Calcualte the two yr effect, Sugar from 18 to 27 and god knows if ts gonna be 30-32 in shrt term. Flour 10 kg bag from 192 to 210+ ( in Subhiksha Stores Aashirwad atta) in one year where have we gone down. Pulses dal are in the range of 50-70. Potato from 9 to 11.5 and so on. The list is not ending and i dont see any reason for us to cheer. Newsmakers have got same things to interpret in different ways.Business channels whethers its 18 or profit they create hype over simple issues. Beware investor frieds about mid cap F N O stocks you may hit fortune overnigt and also turn beggar the next morning. Ispat 17.5 call was at 1.5 it CMP was at 14 rs. and 15 put available at 2.5 day be4 yesterday. Write 17.5 call write 15 put and go long on 12.5 put go long on share. A strategy that many players would be using to make money as it seems quite interestingly poised on risk reward side. This is a BOX formed pay off is profitable above 13.2 till the range of 18.5. Its irratonal again "happy investing" but beware market does not allow so easy profit and large range scalability as visible you can burn your hands stick out your neck from this position if you are not high risk player as I did.