Future of market

Hi everyone happy republic day , i want to ask your view on market now on will it be stable now or a further correction is due !Please help as i want to invest . Is it wise to invest now

i think further corrections are due. not minor ones. treat this as a gud buying oprtnty.
buy at lower lvls.

I read somewhere what happened on 25-1-2008 is correction of overcorrection.Two things must be kept in mind.1)The F&O settlement is due on 31-1-2008.2)The DOW & Nasdaq ended on red on 25-1-2008.That clearly indicates some more pain is there.The RBI credit policy annoncement is on 29-1-2008.Again there is a proposal to allow shortselling by institutional investors from 1-2.2008.So donot expect the market to scale the earlier heights at the same speed and timeframe.Also no one is sure whether the market has bottomed out .So if u want to invest wait till 1-2-2008.Study the market trend and sentiment .Have a trade plan.Identify yourself as a long.medium,or short term investor.Provide stop loss whereever nessessary.Must have a clear idea about ur risk taking capacity.

I read somewhere what happened on 25-1-2008 is correction of overcorrection.Two things must be kept in mind.1)The F&O settlement is due on 31-1-2008.2)The DOW & Nasdaq ended on red on 25-1-2008.That clearly indicates some more pain is there.The RBI credit policy annoncement is on 30-1-2008.Again there is a proposal to allow shortselling by institutional investors from 1-2.2008.So donot expect the market to scale the earlier heights at the same speed and timeframe.Also no one is sure whether the market has bottomed out .So if u want to invest wait till 1-2-2008.Study the market trend and sentiment .Have a trade plan.Identify yourself as a long.medium,or short term investor.Provide stop loss whereever nessessary.Must have a clear idea about ur risk taking capacity.

Thank you for your help. I will wait till feb