correction getting much closer now., page-8

mmm i'm not sure where the focus will be.

certainly the markets are showing more and more signs of jitters.

notice the M&A news has dried up (its still happening- its just not driving the market any more).

we've had some big nights down, we've also had some big nights up in the states. so really, the market continues to be undecided. what we need to watch for is, does the market now make a new high, or go sideways or fall. if it falls a good decent correction may set it.

imo opinion, to take a long position now with the idea of holding it for 6 months would be foolish. i said at the beginning of the yr that i thought the market would end lower than it began. i still very much hold to that notion.

here is a question for all those statisticians - what the longest time period the market has EVER had without experiencing a correction? We are now more than 12months since the last one (i do not regard march this yr as a correction) ... that being the case, how long before the next one.