A market correction is usually ten percent.

[DemocratSinceBirth]

Hope you're not long ...


Have a nice weekend.

[herding cats]

1. It's at -4.12% for the week as of the closing bell.

I wouldn't be surprised to see 12%, but you're correct 10% is a normal correction.

[DemocratSinceBirth]

2. A 10% correction will rock Trump's world.

"The stock market can remain irrational longer than you can stay solvent."

[herding cats]

3. That's what he gets for tying its rise to himself personally.

All the indicators were there for some time that a correction was going to take place. It actually should have taken place before now but people were still jumping in while it looked inviting. I kept waiting for that to bite him in his big butt, and it looks like it might do that now.

[former9thward]

4. If you are long ...

you don't care about corrections, except as a time to buy stocks on sale.

[Bonhomme Richard]

5. I sold a house and have been sitting on the money

because I was convinced that the market was ready to drop. I am not making much on it right now but I feel better that it is safe. I figure I will wait a bit before I invest it. Maybe I a crazy but my gut tells me I am right.

[D_Master81]

6. Generally

Time in the market beats timing the market. I've been waiting for a correction for almost a year. who knows if this is a full on correction, a bump in the road or the beginning of a massive drop like 2008. Point is, trying to time the market w/ when to buy and when to sell hardly ever works out for the best.