I wrote about my stock market worries in another daily which came out online on May 29. I said that, “in a business boom, prices rise to frothy levels, and it is a certainty that they will come down at some point.” Although I felt that the corporate performance fundamentals did not support the high levels the stock market had soared to, I had no idea that the values would drop so soon. The market index has since lost 15 percent in value as short-term foreign placements have rushed out of the country in anticipation of higher returns elsewhere, especially the US. I can only hope that those who went in near the peak used money they can afford to part with for a long time. I’m not sure we should expect values to go up to May levels anytime soon.