I was talking to some people and realized they had no idea how...

I was talking to some people and realized they had no idea how much markets can fall in a corection. of coarse Different stock fall different a mounts.

2000
^IXIC Nasdaq 3/20 2000 USD 3860 . 10/14/2002 $884 77%
^GSPC S&P 500 9/4 2000 $1500. 9/30/2002 $800 53%
^ DJI DJIA 1/17/2000 $11,600. 9/24/2002 $ 7508 36%



2008
Nasdaq 10/15/2007 $2787. 3/2/2009 $1330 52%
S&P500 10/22/2027 $1561. 2/23/2009 $687 66%
DJI 9/24/2007 $14,100. 2/23/2009 6,630 53%

So since all indexes are made up of different stocks they all react differently. in 2000 DJI had little high tech it fell 36%
In 2008 it had some banks.

JMO but the stocks with high PEs and associated with green sector will be hit worse. It takes time so not this week or even in DEC. We will see after that. If you are not watching it will seek up on you quietly. I am not trying to get people to sell. Just be aware of what might happen and watch carefully.

Jayszip The market is huge. What I am saying is in many books, so I am not giving away any secrets. If people on this board sell or buy it will have little impact on SP. it will have a big impact on them.

If you want to know more about why I think a correction is coming with charts see my posts #: 58323435 Post #: 58323461
Post #: 58304247