Matt's Blog Living by the lake of salt.

Corrections

Via ChartoftheDay.com:

The Dow marked it's record high of 14164 back in October 9, 2007. Yesterday's close was 7465, a drop of 47.3% from the high. This chart compares the current, 499 calendar day old Dow correction to that of all other Dow corrections, 499 calendar days after their respective peak. The only correction that turned out worse from the peak was the one that began in 1929. Interesting times we live in.

Hat tip to The Big Picture.