lol he talks about companies which the indian investors are not interested in.Its the us investors who are pushing up the valuations of these companies.It seems to be a tech bubble right now for the us investors.The indian market is fairly valued now.IMHO the market is undervalued.This is the right time to buy.It might go down max another 2000 points because of the euro crisis otherwise this market is ok right now.For people dreaming off a crash dream on.