short term view (at 10800 levels)

market seems to have covered up some of the losses tht it had shed of during its way down.....market being reach 11000.....i feel its time one shld remain a bit cautious n hold 35-40% in cash.......buying shld definately be considered arnd 9300-9500 if market corrects.....midcaps which were hammered badly shld continue to out perform over medium to long term.....not much of downside shld be there in midcaps....ofcourse one has to be stock specific.......Q1 results of most of the quality midcaps companies have been strong n there is no reason why one shld doubt the growth of such companies for the next few yr
market might show some correction in he very near future going forward......one shld be cautious