If you stayed invested through March 9th 2009 or 6547.05

If you stayed invested through the white knuckle times of March 9th 2009 to the present then you rode your stocks (hopefully dividend bearing) up to the highs in the 18,000s which were incredibly amazing on multiple levels. If you did this then you know the present 530 point downturn is mostly a correction caused by China's stock market and China devaluing it's currency. However, America's economy is still on the upturn and I believe the European Union is finally on an upturn as well as long as they can handle Greece and all the others having difficulty now.
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Let’s face it – the 800-pound gorilla in the room is hard to ignore. Even with the Dow Jones Industrial Average off over 1000 points from its May peak, no one wants to acknowledge the possibility that this bull market might have ended. It has been one of the most unrecognized and unloved bull markets in history…yet it has turned into the third longest and fourth most profitable bull market of the past 80 years!

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http://blogs.barrons.com/stockstowatchtoday/2015/08/21/i-stand-corrected-dow-plunges-530-points-now-officially-a-correction/?mod=yahoobarrons&ru=yahoo

For Dow, another 12-year low

S&P also finishes at lowest level in more than a decade as Wall Street resumes its retreat on economic worries.

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By Alexandra Twin, CNNMoney.com senior writer

Last Updated: March 9, 2009: 6:18 PM ET

NEW YORK (CNNMoney.com) -- Stocks tumbled Monday, with the Dow and S&P 500 ending at fresh 12-year lows, as Merck's $41 billion purchase of Schering-Plough failed to distract investors from worries about the economy.
The Dow Jones industrial average (INDU) lost 80 points, or 1.2%, to end at 6,547.05, its lowest point since April 15, 1997.
The S&P 500 (SPX) index lost nearly 7 points or 1%, to end at 676.53, its lowest point since Sept. 12, 1996.
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http://money.cnn.com/2009/03/09/markets/markets_newyork/index.htm

So, unless you see it drop much further there likely will be a recovery over the next 3 to 6 months, as long as there aren't any other global scary things for the average investor to worry about.

However, if it ends here we have had the fully expected correction of the past year or so.