Table below is interesting . S&P 500 to date has corrected 10.16% from its height with possible continuation of downdraft. So based on historical records, it could take another minimum 4 months to recover if lucky...if you believe the pundits saying this is a short term correction...think again...4 months later, trading environment very different...high P/E stocks, tech stocks may possibly deflate in the days, weeks ahead and charts technically are looking very ugly...I am not tempted to get back in anytime soon as the good run from August last year has ended ! I also say this 'doing nothing is doing something' . Good luck and take care (cover)! This winter storm is inexplicable and uglier than everyone expects. Cheap gets cheaper!
S&P 500 corrections and bear markets since WWI Source: Goldman Sachs
