/biz/ - Business & Finance

This situation is not unique.
The index has dropped this much this fast before many times. Including a few times during this so called 12 year "uninterrupted" bull run. Stop freaking out and thinking this is the worst ever and the market can't recover for twenty years and armageddon is at hand and so on. Stop it. Stop looking at the historic charts zoomed way the fuck out on the monthly in log scale. Zoom in. Look at the daily. Especially look at the daily in the post 2008 crash years when people though THAT was an equity bubble FOR SURE THIS TIME AND THIS TIME IS TRULY UNIQUE.

It's not unique. Short it. Long hodl. Sell to cash and wait it out. Whatever. Just don't make panic moves. Think about what you're doing and what your plan is. Pulling out your hair on every one minute tick during the day and at night during futures you have no control over helps nothing.