That's literally all I can say about the market lately. Wow. A friend and I were talking today about the gyrations up and down and I compared it to fibrillation. The market is in serious need of a defibrillator. Today's drop was insane. Change in S&P today, 2.96% decline. Change in MFI today 3.35% decline. Decline since peak on 7/19, MFI = 17.51%, S&P = 6.44%. OUCH. I am just barely ahead of the S&P 500 on a weighted basis currently since inception. MFI = 8.64% (an annual average of only 6.08%. What a return since I've been getting 5% on my money market). S&P weighted average since inception (3/6/07) = 8.06% or 5.68% annual average.
Yeeeeesh.
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