Correction is not over

I reckon that the surge yesterday in our markets are more attributed to a technical rebound. Overall, I do think that the "broader market has further to fall over the very near term. We’re in that lull between earnings seasons, and investors are much more likely to pay attention to bad news. If we get a further correction in share prices over the coming weeks, then we’ll have a good entry point for new positions. My best guess is that we’re not quite there yet." (Ahead of the Street Column, by Mitchell Clark, B. Comm)