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Full on Correction Dow Jones Down Over 1000 Points During Day?

Yes full on correction, so far lost all the gains for the year!

Image result for stock market plunge

Now hang tight lets see what happens through the week.  If you were thinking about investing but haven't think of today as a really great Black Friday sale day when everything is at a discounted price.  Remember you want to buy stocks cheap then sell when you made a resonable profit, not hold out until the market plummets like today.  If you didn't sell hang tight, avoid these panics and daily fluctuations, if you are in it for the long haul and you are invested in solid companies don't panic, I can assure you even if the stock dropped Coca Cola and General Motors aren't going anywhere.

How about my stock picks while down they are except of course for the latest RMD are all still up.  If you were thinking about RMD it's on sale!!!!!

We are going to hear pundits yak, and advisors scramble and news reporters sqwuak, yes there are economic factors that led to this correction.  Main one being that there was no underlying value to the run up in the market this year in the first place.  When the stock market is over inflated eventually it bursts.   Basic laws of supply and demand and the main reason I stated to stay away from bitcoin when the bubble bursts it bursts.

In the mean time don't panic, if it's to much for you read a book:


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Liars and Buyer's and Bear's oh My!!!!!!!!! The Dow drops another 1000 points!

  VS.    If you have read my previous articles over the last couple of days I said I would be more worried if the DJIA corrected 2600 points in one day (10%)  well as of today that leaves us around 2,100 points off last week Wednesdays open.  I am still not in a panic and here is why: Bulls vs. Bears I'm looking at you right now stop talking to your dog and trying to make his head tilt to the side so you can do the Scooby Doo voice and say "Huh?" What are they? Why do people on Wall Street keep referring too all these Bull markets, all these Bear Markets?  Why do people on Wall Street go South most of the time, North every so often but never East and West? These are terms that Wall Street users identify certain periods of time.  A "Bull" market is one that is charging upward (like a Bull lifting its horns upwards no end in site) while a "Bear" market means things are on the way down (like a bear striking with its claws downward)