Dow drops 666

After MONTHS of rallying, the Dow has dropped 666 points today. https://www.npr.org/sections/thetwo-way/2018/02/02/582809604/dow-plummets-more-550-points.

You don't generally hear that big a drop.

Poof! a lot of that recent 401K gains are now lost.

Look at this:

The 2.6-percent drop in the Dow came as the Labor Department reported 200,000 jobs were added to the economy last month, which was stronger than expected, and the unemployment rate stayed at 4.1 percent — the lowest since 2000.

But worries about inflation grew when the report showed that average hourly wages grew 2.9 percent from a year ago — the largest increase since June 2009. Yields for 10-year Treasurys hit four-year highs Friday.

Even with good news, just "worry" will cost things to drop so much? Gee I will never ever understand this volatile market.

Whoa, my gut feeling is... after dropping that much it is going to rise again! TIME TO BUY when price is low!

Well I am not going to play with money like that.

Waita minute, look at that 1 year and 5 year chart, Dow has been growing quite a bit. 666 points is actually not a whole lot.

I am not in big panic yet.