52 Week High Friday Rule.

In continuing our learning process, here is a video on the 52 week high Friday rule. I hope readers take full advantage of these free learning sessions.
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The Indian Outperformance

Here is the international out performance achieved in a sample of international markets from April 2000 to June 2010:

Brazil +266.22% (EWZ tracking Bovespa Index) 
India +266.16% (Bombay Stock Exchange – BSE) 
Australia +68.16% (ASX 200 Index) 
China +68.06% (Shanghai Index) 
Hong Kong +39.74% (Hang Seng Index) 
United States -26% (S&P 500)
An added kicker for investment consideration is valuation. According to The Financial Times market data section, all these international markets, with the exception of India, trade at a discount to the S&P 500 on a Price/Earnings ratio basis (P/E).

(from http://investingcaffeine.com)

My Notes:
What we understand is that India has been a big growth story, is now overvalued as compared to other international markets. As Investors, we should look for opportunities to invest in assets beyond the Indian stock markets. We will offer suggestions soon.