General Discussion

DemocratSinceBirth

(99,716 posts) Thu Feb 8, 2018, 05:01 PM Feb 2018

The Dow is officially in correction territory

Ten percent is a correction.
Twenty percent is a bear market.

4 replies

= new reply since forum marked as read

Highlight:

The Dow is officially in correction territory (Original Post) DemocratSinceBirth Feb 2018 OP

This may be the first time on DU I've seen 'correction' used accurately in regards to the market. LanternWaste Feb 2018 #1

"Markets can remain irrational longer than you can remain solvent. " DemocratSinceBirth Feb 2018 #2

I predict a big Russian Bear Market Pachamama Feb 2018 #3

It would be foolish to make predictions. I'll leave that to Trump. DemocratSinceBirth Feb 2018 #4

LanternWaste

(37,748 posts)

1. This may be the first time on DU I've seen 'correction' used accurately in regards to the market.

Reply to DemocratSinceBirth (Original post)

Thu Feb 8, 2018, 05:08 PM

Feb 2018

This may be the first time on DU I've seen 'correction' used accurately in regards to the market.

A one or two percent drop invariably brings out the dull-witted "I don;t know why everyone's panicking!!! This is just a long overdue correction!" reaction by little guys who never explain why they bring up panic when no is panicking, or what a correction actually is.