By Chuck Gibson
The stock market dropped 5.2% over the past two weeks, the first such correction in almost 4 months. It appears as if the bears have awakened from their winter slumber. The question on everyone’s mind should be was that it and are they going to hit the snooze button and fall back asleep. A 5% decline is normal and happens very regularly as do 10%, 15% and even 20% corrections but while we accept the fact they are certain, no one likes the effect they have on our portfolios. As you can see by the chart below, we are very stretched from the average correction for all periods (except for the 5% which completed last week).
