Here are the numbers, according to CNBC and Goldman Sachs analysis:

• There have been 26 market corrections (not including Thursday) since World War II with an average decline of 13.7% over an average of four months.
• Recoveries have taken four months on average.
• The most recent corrections occurred from September 2018 to December 2018. The S&P 500 bounced into and out of correction throughout the autumn of 2018 before plunging into a bear market (a 20% decline from its all-time high) on Christmas Eve.

• There have been 12 bear markets since World War II with an average decline of 32.5% as measured on a close-to-close basis.
• The most recent was October 2007 to March 2009, when the market dropped 57% and then took more than four years to recover. The S&P 500 closed in a bear market in December 2018 using intraday data.
• Bear markets have lasted 14.5 months on average and have taken two years to recover on average.

— CNBC’s Nate Rattner contributed reporting.

My 30p are printin. tomorrow's my get out day and gonna go blow it all on casino stuff. Im super pumped for the buying opportunities ahead but cash for now. MSFT not gonna be 157.00 forever. Im betting one year 190c. That said, some analysts believe transports could have another 15 to 20% to the downside.

Impossible to predict. We might be walking on the edge here. This could flatten out our growth plans for this year, or God forbid, reverse them.

Spirit is fairly safe. Most people will fly on the cheap before they stop flying at all...

Until the fear of the coronavirus gets worse, leading to people not wanting to be stuck in a tube for hours. Or if they can’t contain it and shut down airports nationwide.

Nothing to do with fare prices

true....if people refuse to fly prices don’t matter

Spirit is getting hurt because mainline carriers are redeploying Widebody lift from China to high capacity leisure destinations, many of which Spirit serves, creating a capacity glut that may hurt it's margins.

It’s been confirmed in São Paulo.

https://www.google.com/amp/s/abcnews...cases-69267680

I doubt Delta is running 777's from FLL to PIT.