correction getting much closer now., page-9

keep in mind also, due to the strength of the bull market we've seen, its highly likely a correction will be a sharper one, so 10% would not be unreasonable.

do the figures, 10% off the dow high of approx 13650 gives approx 12300.

for the asx, roughly a top of 6400, take off 10% and it leaves 5750.

so you can see ... as i alluded to earlier this week, we are nowhere near close to any kind of bottom should the markets head down. can take a good 1000 points off each index. we've only seen drops of 200-300 so far and they've all been mostly made up again now.

probably going to take an actual raise in rates to get one, in the mean time likely to be quite choppy.