Brian posted this chart

The only thing I thought was interesting was that the last drop was the most violent.

Most bear market corrections are 40% it's what we have had. Certainly this was 60 and much damage has been done to confidence.

My biggest fear is that so much damage has been done to the 401K ers that they may stop their contributions. Without those money flows it's going to be tought sledding for the market.

But... all we really need is more money coming into the market than going out...

Once can use the information age as the blame for how fast this has happened. It being unprecedented in the rate of decline