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This is not a market correction - This is an opportunity to buy.

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Have to admit the large last hour market drop in The US and  the drops today here and on major indexes came as a surprise.

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But is this a major market correction with more heavy drops to follow in days and weeks?

I would say not – I would say this drop will end by Wednesday – Wednesday would be the time to go long on S&P – FTSE- DAX and select equities within .

I feel this is blood letting before we continue with the bull market and still strongly feel we will hit a historical high on S&P and The DJIA just before New Year.

I feel FTSE will also pass the 7,000 simultaneously.

All in all I see this as the biggest opportunity for going long to the end of the year.

All in my humble opinion and no investment advice intended.

Andre

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Comments

  1. Chris T. says:

    Agree~ opportunity – game players :)

  2. Anthony says:

    I think they’ve come back from their luxury holidays and thoughts hey lets drop it fine and then go long again to Christmas, clean up here and clean up there. I agree Andre and Friday was a massive surprise.

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