Investors waiting for a correction

I agree that people want a correction, they want to invest in a correction, and the market is not giving that opportunity. This happens when liquidity, momentum is all there. All of us need to be on one side. The consensus today is that there will be a correction and investors will invest in a correction, but that’s exactly the reason why you are not seeing a correction. Once all of us get convinced of a rally, that will be the time the market will give in.

There are two camps here. One which believes a correction is expected and we will get a chance to invest. As long as they are on the sidelines, the markets will continue to move up. The moment everyone is on one side you will see the markets taking another turn.