Friday, October 17, 2014

S&P500 swoon is really not much to date, despite the volatility

The index at 1886.76 is about 6% off the peak reached on September 18.

Down 10% would qualify as a correction, down 20% as a bear market.

It's still a great time to sell! Your Peter Cundill sell markers are roughly S&P500 1900, 1700 and 1500, depending on how much you want to risk losing.