Monday, April 16, 2012

We are still in a correction mode

We need to wait for the black line to turn up before we can say the current correction is over. At the same time we should also look for a confirmation that the correction is over from the Market Breadth Ratios.
The long term trend currently, is still up.
Once the current correction is over and the long term trend is still up, the opportunity to buy good growth stocks at that time, with little downside risk, will be very good.


No comments:

Post a Comment