Discussion » Statements » Rosie's Corner » Market DOWN 328 at close 6/25/2018. At one point it was down over 500 pts. Just a normal correction? Not to worry?
RosieG

Market DOWN 328 at close 6/25/2018. At one point it was down over 500 pts. Just a normal correction? Not to worry?

How many days might a downer on the stock exchange go before anyone gets a bit nervous? How low can it go before YOU panic?

Posted - June 26, 2018
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Responses


  • 35082
    At the level of the stock market 300 up or down is normal.  500 would not be a correction because it is not large enough a correction is a closing drop of 10% from it 52 week high.
    So would have to drop 2000+ to be a correction.
      June 26, 2018 6:51 AM MDT
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  • 2219
    Don't panic, we've had worse. I remember 1974.  This post was edited by Malizz at June 26, 2018 7:36 AM MDT
      June 26, 2018 7:35 AM MDT
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