The market is down about 9% from its recent high on 11/3/2015. So we are bordering on a correction, normally defined as a drop of 10% or more. This is not the first correction and it won’t be the last. Here is a look back at pullbacks and corrections since the summer of 2005.
| DATE OF | DATE OF | DAYS | CLOSE ON | CLOSE ON | PRICE | VIX | VIX | VIX |
| HIGH | LOW | HIGH DATE | LOW DATE | CHANGE | LOW | HIGH | CHANGE | |
| 9/9/2005 | 10/13/2005 | 34.00 | 124.60 | 117.43 | -5.75% | 13.5 | 16.47 | 22.00% |
| 5/5/2006 | 6/13/2006 | 39.00 | 132.52 | 122.55 | -7.52% | 11.62 | 23.81 | 104.91% |
| 2/20/2007 | 3/5/2007 | 13.00 | 146.04 | 137.35 | -5.95% | 10.24 | 19.63 | 91.70% |
| 7/19/2007 | 8/15/2007 | 27.00 | 155.07 | 141.04 | -9.05% | 15.16 | 30.67 | 102.31% |
| 10/9/2007 | 11/26/2007 | 48.00 | 156.48 | 140.95 | -9.92% | 18.88 | 28.91 | 53.13% |
| 12/10/2007 | 1/22/2008 | 43.00 | 152.08 | 131.54 | -13.51% | 20.74 | 31.01 | 49.52% |
| 5/19/2008 | 7/15/2008 | 57.00 | 143.05 | 120.99 | -15.42% | 17.01 | 28.54 | 67.78% |
| 8/11/2008 | 11/20/2008 | 101.00 | 130.71 | 75.45 | -42.28% | 20.12 | 80.86 | 301.89% |
| 1/6/2009 | 3/9/2009 | 62.00 | 93.47 | 68.11 | -27.13% | 38.56 | 49.68 | 28.84% |
| 6/2/2009 | 7/8/2009 | 36.00 | 94.85 | 88.00 | -7.22% | 29.63 | 31.3 | 5.64% |
| 10/19/2009 | 10/30/2009 | 11.00 | 109.79 | 103.56 | -5.67% | 21.49 | 30.69 | 42.81% |
| 1/19/2010 | 2/8/2010 | 20.00 | 115.06 | 105.89 | -7.97% | 17.58 | 26.51 | 50.80% |
| 4/23/2010 | 7/2/2010 | 70.00 | 121.81 | 102.20 | -16.10% | 16.62 | 30.12 | 81.23% |
| 8/9/2010 | 8/26/2010 | 17.00 | 112.99 | 105.23 | -6.87% | 22.14 | 27.37 | 23.62% |
| 2/18/2011 | 3/16/2011 | 26.00 | 134.53 | 126.18 | -6.21% | 16.43 | 29.4 | 78.94% |
| 4/29/2011 | 6/24/2011 | 56.00 | 136.43 | 126.81 | -7.05% | 14.75 | 21.1 | 43.05% |
| 7/7/2011 | 10/3/2011 | 88.00 | 135.36 | 109.93 | -18.79% | 15.95 | 45.45 | 184.95% |
| 10/27/2011 | 11/25/2011 | 29.00 | 128.53 | 116.31 | -9.51% | 25.46 | 34.47 | 35.39% |
| 12/7/2011 | 12/19/2011 | 12.00 | 126.73 | 120.29 | -5.08% | 28.67 | 24.92 | -13.08% |
| 4/2/2012 | 6/4/2012 | 63.00 | 141.84 | 128.10 | -9.69% | 15.64 | 26.66 | 70.46% |
| 9/14/2012 | 11/15/2012 | 62.00 | 147.24 | 135.70 | -7.84% | 14.51 | 17.99 | 23.98% |
| 5/21/2013 | 6/24/2013 | 34.00 | 167.17 | 155.73 | -6.84% | 13.37 | 20.11 | 50.41% |
| 1/15/2014 | 2/3/2014 | 19.00 | 184.66 | 174.17 | -5.68% | 12.28 | 21.44 | 74.59% |
| 9/18/2014 | 10/16/2014 | 28.00 | 201.82 | 186.27 | -7.70% | 12.03 | 25.27 | 110.06% |
| 5/21/2015 | 8/25/2015 | 96.00 | 213.50 | 187.27 | -12.29% | 12.11 | 36.02 | 197.44% |
| 11/3/2015* | 1/8/2016 | 66.00 | 211.00 | 191.92 | -9.04% | 14.54 | 26.39 | 81.50% |
*The correction that started on 11/3/2015 is still in progress.