When is the Next Stock Correction?
by Steve Reitmeister
March 11, 2013 | Comments : 27 Recommended this article: (2)
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Corrections are healthy. It tests investor convictions and get's rid of excesses that pave the way for the next advance. However, the last one was just after the Presidential election in November. Which begs the question:
When is the next stock correction?
Let's first define a correction. Most people say that is a stock decline of 5-20% (beyond that is a bear market). That works for me.
So here are your options to vote on. The next correction will take place...
A) Right now.
B) After we hit the record highs at 1565.
C) After we hit 1600.
D) Other...which you need to explain.
Share your answer and the reason why in the comments section below.