from 1565 to 1100...a 30% decline in one year. All the gains made between 2004-07 gone. Only 2003 gains remain. just amazing. I don;t even remember the last time the spooz was below 1200. Seemd like so long ago. I could have never imagined it being so severe. The dotcom selloff was 50% and that was valuations were much higher and there were negative GDP quarters.