Wow, big drop today. It will be interesting to see what happens tomorrow and over the next couple days. The major news outlets are all leading with this story but is it big news? Right now I don’t think so. If we get to 10% then yes we have a reason to be concerned but right now I see this as just a market pull back after a long run up. As an investor you need to be ready for these dips. It is not if the market will correct but when.
For people who have their investments in growth stock mutual funds this will register as a blip. Stay the course.
For those in individual stocks, look for these dips as a great buying opportunity. AKAM was down 7% today, time to get in?
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