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Monday, June 13, 2011

Is The Correction Done?

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.
Posted by at

1 comment:

bix1951 said...

INFO
recent 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?

June 25, 2011 at 3:59 PM

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