Quote:
Originally Posted by Cowperson
"When the blood is running in the streets, that's the time to buy." - Old Wall Street saying.
Is the blood running in the streets?
This is "only" about 17% from the top. Not huge as far as these things could go. When it's 25%, it's getting serious.
The one's that go straight down, like this one, tend to be followed by straight up.
It's the ones that drip, drip, drip on a gradual decline through a year or more that tend to break your psychology.
Have a nice day!!! 
Cowperson
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Could be a great time to dump some money into RRSP's. Taking a long run approach there and times like these end up being the best buys when you can take a very long run look at things.