Market Correction?

Posted this article in a great site: www.talkandshare.com
so i decided to paste a copy here as well... :P


Market correction coming? Or it has been here for some time?

But wat is market correction? Does it always have to mean a bull market droping?

how about a bear market moving up?

hmm... to me, market correction means the market moving back to how it should be moving, or a sudden abnormal market movement moving back to the previous trend (correction).

if you look at the KLCI chart, many say tat the movement from 20th august - 28th september is a bull run...

First of all, i'm not saying it is right or wrong, i'm just giving my opinion... to me, it is just a correction rather than a bull run... a correction from the sudden drop 31st July to 16th august back to the trend our CI is supposed to be moving before tat... meaning its intrinsic trend...

But, is correction normal? well, i think everything has its intrinsic value... when things go beyond tat, a healthy correction will bring things back to its intrinsic value... this is supposed to be healthy...

so, wat does this mean? it means tat, my take will be, the market (KLCI) will be moving back to its range trading (correction), and the next movement will determine if the bull or the bear will lead...

Regards & good luck...