In Point of Fact wrote:
well market historians - this has been an amazing day.
TWO 1000 point moves in 3 hours.
first down 1,089 points,
then up 948 points
we could end UP today.
Well we didn't. An even bigger loss than Friday.
Dow now at 15,871. About 1,000 points higher than when I bailed two years ago. When I take into account all the stocks I also did not buy when the Dow was at 16k, 17k, and 18k, I am somewhere around break even. A little more of this correction and I will be ahead of the game.
US stocks are up 18.1% over the last two years, using the vanguard total market index and including dividends.
The Dow is a poor measure of the US stock market.