Stocks sold off over the last few days. They are down about 4% from their highs. Is this just a short pull back, a correction, or the start of a crash? A pull back or correction is overdue. If the sell off continues traders will panic and then there will be a crash. Time will tell. A pull back or correction would be good for the markets as it needs to take a breath. If a panic ensues then we will all suffer as there will be less money in the economy to hire people and to drive growth, all of which we do not need at this point. We need solid growth and increasing spending in the private sector. We also need less spending and growth in the public sector since that is a drag on the economy.