It was Very Hot ....BSE, now it is Cold...and becoming colder..will it freeze..?

US Slow down, Oil Price climbing up.., 2008 budget...,FII's selling....WHAT MORE..? Will market climb up...? Wil BSE retain its lost proudness...?
I think India story is basicaly strong, Indian economy is still growing...this set back is temporary. What you all can say..?