I hope we don't see this message on our TV screens very often. This was the message at the close of trading today. In addition to the DOW Industrials being down 1,175; the S & P was down113 to 2,648; and the NASDAQ down 273 to 6,967. We will see what happens tomorrow. This has been the longest running Bull market in history and a "correction" was certainly due. As I understand it, this does not yet meet the criteria for a "correction" which is based on a percentage reduction. My guess is that it will continue to go down till we reach at least that point. This is not to say that there isn't any bargains out there even tomorrow, but I'm not ready to take them on.
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