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To: Patrick Slevin who wrote (9619)11/14/1997 9:54:00 AM
From: Trader X  Read Replies (2) | Respond to of 17305
 
Yes, that was rude, Pat.

Since it's blatently not true.
The '87 crash was NOT a correct by that definition.
The '73 meltdown was NOT a correction by that definition.
The entire 70's bear market was NOT a correction by that definition.

On the other hand, the '87 crash was not a bear market either. T'was a crash. There hasn't been a bear market since '83.