The market is having a much-needed correction. It could end very soon. We could be in the middle of a so-called Thursday-Monday scenario. What normally happens here is the market declines dramatically Thursday, Friday trading is volatile (up then down or the reverse; but a lot of volatility). Monday rolls around and people start to feel better because there is some good news and because the market goes up a little on Monday morning. Then, the trap door opens and there is a selloff later on Monday and that is the end of it. What follows is a massive or at least a good-sized rally that starts late Monday or Tuesday.
