I totally agree...except I don't know what you would consider a "major correection". A 10% drop in the overall market, (not what I would consider "major") would probably be enough to drop it that far. If we see anything near a 20 to 25% corection.........??? Face it, the Naz has dropped a lousy 5% from its recent peak. Another 10 % is definately not out of the question. IMO anyway
LOL No Crystal ball here......Entire market is exxtremely overbought, and for no good reason whatsoever. "National debt", "housing, inflation, unemployment, etc etc etc the list goes on forever.........and now the mess in the middle east. Walking on glass because a few morrons tell us "everything will be just fine"