How would you characterize a significant decline? And why?
Having ‘lived through’ the 1987 correction, I’d call that significant. :’) My broker sounded absolutely beat around 1 in the afternoon. “We’re going to be here until 7 pm, at least. You could order us a pizza.” The computer system at NASDAQ had been upgraded the previous year to handle, wow, I can’t remember now, a share volume that was far beyond what most people could imagine, and the guy who’d insisted on it was looking like a genius that day. Of course, I’d be a little surprised if the daily volume on a regular day now isn’t much higher than it was that day.