DJ falls more than 1000 points!! STI sinks more than 100 points!! Nikkei 225 plunges more than 1000 points. You will see such news headline on every major financial news portal in last 2 days. Well , finally the long-awaited market correction is here and is quite normal to have market correction of -5 to -15% in any market cycle especially when we have experienced such long bull market since GFC in 2008.
We must always remember that market is about “ psychology “ and full of “euphoria and panic “ from time to time…
Some of my friends call or message me , asking what am I doing in such situation , did I sell my stocks to take cover or buy in dips to take opportunity in this market correction ? NO , basically I do nothing , no panic selling and buying , continue to go out ......
