Markets on a roller coaster ride

The markets yesterday saw both an upward and a downward turn. The european markets saw a very late rise in stocks after a rebound in the U.S. market shares.I feel that the markets are going to start at a higher rate and so a bullish ( market may rise) market is expected though if other experts are to be beleived the markets are going to take a bearish (market may fall) turn.The markets in the U.S. saw an upward trend with the commodities like gold and oil spurring into demand and overshadowing the losses in the techonology and financial shares.The U.S. and Europen success story was however not repeated on the Asian front. The mood all over the asian markets was that higher oil prices and expectations of them rising further will cause the rise in fuel costs eroding the profits. This was also evident in the indian market which lost aorund 900 points due to this piece of news even after a good budget 2008 given by the Finance Minister of India Mr. P. Chidambaram.I say markets will continue to be volatile, hold on to your stocks do not sell them, market may see some correction.