To: Methos8
I realize its not your headline. But its hilarious watching the media call a 3% drop a correction. I agree. Its more like a crash. It's not as high percentage wise as other major crashes in recent history, but its up there.
If Ronald Reagan was in office today, I guarantee you that is what they would call it in the headlines.
Drudge's headline I screen captured and posted is much more accurate.
8 posted on
08/21/2015 1:34:54 PM PDT by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: SkyPilot
The headline says INTO correction. The 3% drop completes a 10% drop from the latest high, and that is called a “correction”.
11 posted on
08/21/2015 1:37:10 PM PDT by
SubMareener
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To: SkyPilot
I’ll never forget reading a market report when Bush was president saying the market had crashed upward through the 14000 barrier.
12 posted on
08/21/2015 1:37:22 PM PDT by
ichabod1
(Spriiingtime for islam, and tyranny. Winter for US and frieeends. . .)
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