Virga doubts metals will pull back to their August lows on any correction, looking for them to hold in a higher trading range.
Jackie agreed that there was no significant impact to Great Britain's position and decided to play on without any correction of the stone.
Barclays said that it any correction in the dollar vs yuan would mostly affect Asian currencies, pushing them higher against the dollar short term.
Normally the economy and stock market perform poorly in the first two years of the four-year presidential cycle, as Washington allows any needed correction of excesses to take place then, rather than risk them taking place in the last year or two before the election.
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The housing market may already be self-correcting, and we should be wary of any over-correction.
The fear of losing money causes us to be sensitive to any indication that a correction is coming, whether we intend to do anything about it or not.
The program of seasonally adjusting data generally helps make economic trends more clear, but it is important to remember that any human scheme of correction will have its limitations.
These include a call for a postponement of the election by 60-90 days, an independent assessment of alleged coercive behavior by the Front government and a tying of Western economic assistance to the correction of any such practices and the holding of a genuinely free and fair election.
It never ceases to amaze me how background conditions work out to continue the long history of the market making most of its gains each year in the winter months and when there is a correction of any degree it almost always takes place in the unfavorable season between May and November.
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For now they are, but he cautions that a 10% correction could happen at any time.
Only the new electronic error-correction systems hold out any hope for reduction in mistakes.
"Property plays have been well-supported, it's time for correction as investors await any policy change, " Mr. Yip said.
Michael Holland: Among the thoughts I agree with from Vahan and Barry is that, after a huge run, the market obviously can have a correction of significance at any time.
When we get bad news, and the cycle was pointing to a turn, it is all the more reason to shelve any thoughts of buying until a reasonable correction is posted.
The short-term technical outlook and increasing volume suggests the correction is over but are there any new opportunities for investors or traders?
The question for traders at this stage is, how deep of a correction will you look for to cover any shorts or buy back stocks?
But with stockmarket valuations still stretched to, or beyond, reasonable limits, any disappointing news on profits could prompt a disproportionately large correction.
Smith said any further problems in the eurozone could mean a sharp downward correction in the euro that weighs on commodities.
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"There could be a sharp correction at some point, but no one has any idea about the extent or magnitude, " he said.
One New York desk trader said the declines are not the result of any single news event specific to Wednesday but part of a downward correction that has been occurring for a while now.
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Though it is still much too early, I will watch to see if any short-term positive divergences are formed that will help us identify the end of the correction.
The events in Cyprus may also serve as anecdotal evidence to those investors who believe that the market is due for a correction given that much of the market advance has been on the heels of government intervention without any meaningful and sustainable improvements attributable to the private sector in terms of economic growth.
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