The Brains Trust, page-3157

I can only think of two general periods in the last nine years that I've lost a reasonable amount of coin, not including the current malaise, whatever it turns out to be.

Fukashima, back in 2011, was quite nasty. Peak-to-trough, the leg was ~4 months and about 1200 index points.

The general "Greek/Euro debt crisis" period in 2015 was equally as harsh in terms of falls (~1200 index points) but stretched out for nearly a year, so a much more painful, slow grind.

The current move down in specs is interesting because it's not accompanied by the XJO and there's no apparent trigger or media fear mongering giving it legs.