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Subject Predicting 7% drop in U.S. Stock Market TODAY
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Original Message Based on the performance of the European stocks I hold, I'm expecting that the U.S. Stock Market will lose 7% of value today just in one day alone.

The classic definition of a "stock market crash" is when the market loses 10% or more of value in a one or two day trading period. If today is as bad as it seems it will be and it continues to slump on Monday, we could meet those criteria.

I'm not panicked- I'm fairly young and have the most important resource for riding something like this out: time. It will recover value, it's just a matter of when and how long.

For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can.
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