Stocks have been correcting for a few weeks.
They got down around 7% from the recent highs.
Is it over?
Or do we have another 4% to go?
But it is most likely just a correction, not a new bear market.
Which means that there will be new highs this year after this correction is over.
I say this correction is over or almost over.
But it will take off slowly. No fireworks for July.
INFO
ReplyDeleterecent low on DOW 30 was
11863 June 15, 2011
and now we are just a little over that
market is going sideways
so is the correction done? will there be a lower low?