This is the time to identify great winners in the market. This is also good time to adjust portfolios. So there are varieties of stocks in the market. There are lot of value stocks in the market now. Market P/E ratio also has become attractive due to price adjustment in some over valued stocks.
Mr Market is preparing for next jump. Stocks will build bases in stages and gradually. Some stocks will break their 52 weeks high again and again due to strong out look in their businesses.