Hi all! I think it is not so much a question of will it drop below 5000 points but when. Personally, l think it will drop to 4700-4800 points level for a healthy correction. I still believe the bull run to be intact though and for us to finish the year above 5500 points. I think this year is going to be like 2012. This is where the old saying of "Sell everything in May and come back in September " may ring true. I don't think we will see a positive second quarter unlike the trend where it is usually the case after a very positive first quarter during a bull run.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
