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Friends, will market go in correction? if yes, when? and which sector and which stocks i need to concentrate to make more money in short term?

2006-12-27 22:27:35 · 6 answers · asked by Anonymous in Business & Finance Investing

6 answers

Correction is natural way for the market to get rid of excess of steam. As long as market makes corrections the trend stays healthy.

However there is basic difference between correction and bear market. Corrections against major trends are temporary, while bear market may stay for years.

When ? Which sectors ? Don`t worry about it. Nobody knows that. Look for long, one-directional trends (like present one). Corrections usually come after some quiet period.

2006-12-28 00:03:36 · answer #1 · answered by efpol2000 2 · 0 0

The best way to make some money in the stock market is to become an analyst. This is a very long process, and for that cheep softwares and newspapers are available on the net. You'll never ask such a question afterwards: you will just look into the graphics and get the answer about the timing, the sector and the stocks to follow.

2006-12-28 06:51:54 · answer #2 · answered by crazyworld 2 · 0 0

The market has steadily risen over the last 20 years. You should contact a financial advisor for the best answers on what to do with your money. Do you have a 401K at work? I would look into that as well. Many times employers will match up to a certain percentage of what you contribute, free money. :)

I hope this helps.

2006-12-28 06:33:15 · answer #3 · answered by Anonymous · 0 0

i wouldn't try to time the market, what if you go all bonds or something then the market has a huge week, you miss all the upside

if people knew when a correction was coming we would all be rich

2006-12-28 10:55:21 · answer #4 · answered by swenjj 4 · 0 0

Indian market?
Just had a bit of a correction. Think we'll sail past 14.5k to 15k mark. My opinion.

2006-12-28 07:02:52 · answer #5 · answered by madhavankkutty 3 · 0 0

keep checking charts with sell signal on

aptistock freeware

details on my blog

2006-12-28 12:39:08 · answer #6 · answered by dinu_pawar 5 · 0 0

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