A timely post from Ducati over at Shenandoah Capital regarding historic, verses the current decline. It kinda puts the current squealing of Wall Street assholes into context. i.e. Puleeeeze, shut the fuck up.
The following charts are from Jim Stack.
What he has done is take the most recent high in the Dow Jones Industrials, 14,000 and then chart the various declines using that 14,000 high as the starting point. The point being made, is that the current decline comes nowhere near a historical bear market, and if this pullback is causing you undue stress, then, quite honestly you probably have no business in the market.