The 'Tom and Jerry' market - again !

The Indian stock exchanges - BSE, NSE - had their 'Tom and Jerry' moment again, on Feb 24th, 2011. The bottom fell out of them.

One of the 'bobbleheads' on CNBC TV said "This was a bolt from the blue." What ??? Dude !!! Were you sleeping as oil prices and inflation have been rising around you? And EU is riskier? And India is one of the worst affected on account of oil prices?

Where do the TV sites get these idiots from !!