Correction Quotations | Page 3

The volatility has been more intense than we might have expected, ... in the United States, that correction has really been overdone.

There was an auto industry correction and a high tech inventory correction, and if we can get through that without tipping the economy into a recession then we can get through this.

The sentiment we have seen with the stock market correction -- I think it is something the Fed is worried about.

These two currencies see an overbought condition against the dollar and technically may face some slides for now. Their rising trends will remain in place but we need to have a downward correction first.

The new austerity policy has created a small concern on the China side and there is a correction in the crude price overnight, so the market sentiment right now is not very good.

After that I'm looking for a correction of about 12 to 15 percent.

After the rapid rally in gold over the past few months a correction is almost inevitable at some point and this could be it.

Again, my definition of correction here is short term and this correction is in the context of a long-term bullishness,

It's really paid off to have active managers like Bob Stansky during the first six months of the year. Fidelity managers really took advantage of the market correction in April and May to add to their tech positions.

At this stage a correction would be healthy, ... One should take advantage of (a correction) by adding to the sector.

The key thing to remember is that whenever you go through a prolonged correction, what matters is not the portfolio you own when the correction starts, but the one you own when it ends.

The interest rate environment for stocks is not as stable as it used to be, and with commodities prices climbing beyond all expectations we're probably due for a correction in share prices.

The correction somewhat mutes inflation concerns. The market is looking in one direction today and that's for slower growth.

The correction on the H-shares has been too small.

The correction on Friday eradicated some of the bullish consensus. It's the nature of this market to correct in an abrupt, steep but short-lived fashion.

The correction of these imbalances and associated inflation pressures will require a slowdown in housing, credit growth and domestic spending, ... We also expect a significantly lower exchange rate.

The correction looks scary, scarier than anything we've ever seen. But it is in direct proportion to the move up. There will continue to be momentum-oriented moves, but for the most part, I think that Nasdaq is in the process of digesting incredible gains and hammering out a consolidation range.

The correction is over and we've started the summer rally,

The correction isn't over, although the worst part of it is probably behind us now.

The correction is likely to go on for another month or two, ... before there's really a compelling reason for investors and traders to move more money from the sidelines into the markets.

The correction has been triggered by large-scale selling by foreign institutional investors in sectors like metal and fast moving consumer goods. The weakness in the global market has also added to the pressure.

The correction comes after similar corrections in Belgium, the Netherlands and France and overall they point toward a potential slowdown in the Euro area in Q4.

The Canadian dollar is grinding lower, playing catch-up with the price correction that we saw in oil last week.

The choppiness we've had over the past couple weeks, the volatility, suggests stocks are vulnerable. It suggests we're looking, in the months ahead, at a correction in the marketplace.

I'm not saying that a disorderly correction to global imbalances is certain to happen. Nor am I saying that the global economy is inevitably headed for a deflationary shortfall in demand. What I am saying is that, as prudent policymakers, we must not rely on good fortune to help us muddle through. We need to get going on these policy issues now, before it is too late to take remedial action.

I'm looking for more of a pullback after today. I think you've easily got 4 or 5 percent more on the downside as part of the correction that started Wednesday.

I have not changed my opinion on blue chips this correction creates a buying opportunity. (But) if you talk about other averages, like the Russell 2000, they look terrible.

Inescapably, you're going to see lower prices. I think the market is using this to accelerate what it already started, a correction But I don't think you're looking at the Big One. This is not a cause to jump out of a window. Markets do go down.

If the pattern plays out, you'll get the first decent downside correction we've seen in a year.

If the outlook does deteriorate then the prospects for a correction in copper increases.

If you look at the correction that's already occurred in the leadership group, tech, over the past few weeks, it's been pretty severe. I don't expect that there will be a dramatic sell-off on Tuesday -- stocks will go sideways for a while until people become convinced that, while multiples won't expand, the earnings outlook looks pretty good.

Investors have to be patient. You still have to ride the winners at this point, which are usually found in technology. I think you need to be a little bit more defensive in where you are in tech and biotech. But you have to wait until you get that correction and prices stay down. Until then, the money is hot right now and the hot money is going back to many of the same names.

Investors should be cautious of the fact that we're in the middle of an overvaluation correction and that we have further to go on interest rates and the Fed sees inflation as a problem and they plan on handling it. And some people are now saying they may take stronger action at the next meeting. So I think in that case it's a good yet idea to sit back and let the overvaluations get taken care of and let the Fed go through a couple of rate increasing before you get back into the market.

Interest rate uncertainty and the fact that major blue chips have already announced results force a new correction on the market.

Interest rates globally are putting some pressure on financial stocks. It's quite possible we go through a bit of a correction in share markets around the world.

In addition, the market has risen steadily as of late, so I think investors were hoping to see a correction at some point. In a sense, the jobs data became an excuse for the correction.

I had expected a market correction of an almost 10 percent fall sometime between January and March.

If the market does have a correction, the worst-performing sector in that correction will have been the best-performing sector in the last couple of years.

Clearly, the gulf between technology and the rest of the market was so wide it was impossible to sustain. And there had to be a correction somewhere and the correction is under way.

Cisco's inability to reduce its inventory after the October quarter when revenues grew 14 percent quarter over quarter and inventory grew by 59 percent quarter over quarter reaffirms our view that we have not yet seen the worst of the inventory correction for semiconductor suppliers.

House prices are accelerating, and maybe you can say that's a bubble or not and there will be some correction down the road.

If Greenspan had been stronger in his views, then the bubble would not have been as large and the subsequent correction not as severe.

I don't think the correction is over. I think we can get as low as 8,250 before we see stabilization on the market, and then I think we will begin to climb.

I don't see much of a correction at all,

I don't think this is the beginning of a significant correction in the stock market. I believe the market is overdue to have a correction of 5 to 7 percent, but not a bear market.

He appointed a Correction Commissioner he has total confidence in, and he knows Commissioner Little has his arms around the situation and is handling this.

You could see a bit of a correction in early January on the stocks that have done really well in this end-of-2004 rally. Otherwise, you might see a quiet period.

You could describe this as a correction after the spike we saw in December but it still leaves a healthy upward trajectory in place.

The market had moved up very quickly in the last few weeks, so a correction was long overdue.

The market had a nice correction from its all-time high and seems to be back on track. Results so far have been pretty decent and market does not expect any negative surprises.

The market could be subject to further weakness in the near term towards $535. The technical charts will be closely monitored in this correction phase for any signs of a broader trend reversal.

The market correction which began abruptly with a sharp inventory adjustment in the 2000 fourth quarter, is likely to continue through much of this year.

The jury is therefore still out as to whether this was just another mini correction or whether more selling will follow. The wider markets are showing some strength, equities are heading higher, mining stocks are showing some strength.

This is more an unwind of positions betting against the yen. It's been very surprising how fast this correction has been. The speed of the move has shocked a lot of people.

This has clearly been the year of the condominium for Massachusetts real estate buyers. Massachusetts, like other areas of the country, experienced a phenomenal growth in real estate prices over the past few years, especially in single-family homes, but eventually price outstripped demand and a correction was inevitable. Those who couldn't afford to buy homes turned to condos.

The emerging markets and the European markets are a bit behind the U.S. in the phase of correction at the moment. From this point on, it's my view that emerging markets will have the sharpest correction from current levels. European markets the next sharpest correction, and Japan will be little affected by interest-rate trends in the United States.

The differentiation between the biggest and the best companies with the most name recognition is a development that usually occurs during a market correction and when uncertainty starts to creep it, ... This trend will continue.

You've basically got steady growth, inflation is not a problem. With the exception of the UK where interest rates are going up, generally you don't have interest rate worries. But I think the markets in Europe, led by Wall Street and the U.S. bond market had gone too far too fast--a correction was needed.

All year long, it's been a tale of two markets. The momentum on the Dow is declining, and the Dow last week failed at its 200-day moving average, which is declining, two things that are negative for the Dow and for 'old economy' stocks. Whereas on the Nasdaq, since the big correction that we had, the Nasdaq momentum is now rising, and it traded back above its 200-day moving average, which is still rising. Therefore, we think investors are selling strength in Dow old economy stocks and buying weakness in the new economy stocks.

The dollar's decline was quite fast, particularly last week, so it's very likely we will see a correction upward. Sentiment remains bearish for the dollar, but the currency needs to rebound first.

The economy is growing, albeit tepidly, and we've had a major correction in the stock market. So valuations have come down dramatically and that's a positive. I also don't expect the interest rate cut from last week to have a major impact. What we really need to see is traction on the capital expenditure front.

The Dow Theory says when correction lows are established, you want to see a retest of the highs, and if the retest of the highs in both averages fails and the market goes below those intermediate lows, that is under definition of the Dow Theory, a bear market.

The finality of the inventory correction is not only great for Intel but the entire semiconductor market. Investors had been assuming that the first quarter would be the bottom but it's nice to see real evidence of it.

The concerns that underpinned our mid-cycle correction thesis are beginning to dissipate, and semiconductor stocks globally are well below their March highs. We would advise investors to begin buying semiconductors more aggressively.

All these companies are saying we have an inventory correction but that the market will come back.

The market will continue to drop as China imposes austerity measures, and we have interest rate (fears) in the U.S.. These two blows means we're in for a correction -- a substantial one.

The market was still gathering momentum on heavy technical buying after a four-year slump. But you will probably see a correction soon as the 1,400 is a tough barrier.

The market was in the midst of a mild correction after recent rally as investors took profits ahead of the upcoming Easter holiday.

The market staged a smart rally in the last few sessions, defying expectations of a correction at higher levels mainly on account of large-scale investments by fund operators.

The market showed great resistance at the level of 13,500 points and bounced back amid a technical correction after some stocks reached the low of their lows.

The market is very ripe for correction by any standard,

The market has risen in leaps and bounds in the last two months and one week of correction is not enough.

The market has been rising without any major correction since late last year. This sort of correction was largely anticipated and it could be taken by some as a healthy feature to the market.

The market is due for a correction or at the least a prolonged consolidation phase. Yesterday's rally is reinforcing the theme.

The limited correction in the Halifax house price index in January following the marked rises during the latter months of 2005 reinforces our strong doubts that house prices will see sustained sharp rises over the coming months.

The long-awaited downside correction in the U.S. dollar is now underway, and appears likely to continue for the near-term due to extreme institutional and retail investor sentiment readings and unmet minimum measuring objectives based on the greenback's breakdown earlier this week.