http://www.investopedia.com/terms/b/bearmarket.aspLearning Corner What is a 'Bear Market'
A market condition in which the prices of
securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continues, pessimism only grows. Although figures can vary, for many, a downturn of 20% or more in multiple broad market indexes, such as the
Dow Jones Industrial Average (DJIA) or Standard & Poor's 500 Index (S&P 500), over at least a two-month period, is considered an entry into a bear market.
Note : Base on the definition given above, we are NOT in bear-market for KLCI. Crude-oil is.
So ... the correction is a good opportunity to BUY.
I was sharing that last Friday night (public) and tonight e-meeting(weekly for members).
There are differences for pull-back, correction and crash. As we are not in bear-market(yet), any pullback or correction will be good time to buy and wait for rebound.
So 。。。it is BUY in MAY and go away, for me.
Night
TEH