Is a market dip really a correction?
When the market goes down
It truly should not be called a correction.
The definition of Correction means
- a change that rectifies an error or inaccuracy.
This being so would imply that when the market goes up that it was wrong.
Are we wrong for making a profit?
Perhaps when the market goes up we really should begin to call it a correction being that this is what most of us are wanting as a result.
Perhaps calling a dip a pull back is more appropriate?
Robert Berman