Lots of doomsdayers & naysayers around here. The index goes up & down....not sure why folks get so shocked about this.
This is not 2008 again. We don't have a liquidity crisis, we don't have a credit crisis -- this is just profit taking.
If you thought investing in the market meant only sunny days, I'm afraid you may want to look elsewhere to grow your wealth. The only guarantee is whatever goes up.....must come down.