The Dow was down a frightening 1.19%, the Nasdaq a truly horrific 1.67%, and the S&P a similarly terrible 1.56%.

Clearly the apocalypse is upon us.

In reality, those numbers are not "took a beating today." They are well within normal ups and downs.

I'm also appalled at those here who cheer market drops, unless they are using them as buying opportunities. Just to cheer because you think only bad people will be hurt, have no idea that there are those who are not in the 1% who have investments, 401k plans, or Roth IRAs, or perhaps an actual pension plan that is invested in the market.