No reason for market to move up

Market is moving up only coz of continous pouring of dollars by FIIs from questionable sources. Nifty quoting at P/E 19.12 and stocks such as CAIRN, DLF, RPOWER, TATACOMM, STER are quoting at P/E of 543.56,237.37,101.51,121.02,102.89 respectively. Its not a oneway road and earnings definitely don't support prices at this level. With inflation shooting up continously week after week, market certainly can't rely on Sardarji in Planning Comission to save it from crashing every time. And hope he is sure that there is no blood on the dollars that is coming in. One hopes that post 2007 situation is not repeated once more. It happens only when greed overtakes logic.The higher you go, the harder you fall.