What's the difference between a crash and correction?

[forefit]

As the title says what is the difference between a crash and a correction. Do they have different meanings or is just simply the same thing but crash means a big ass correction?

Take silver for example at the moment, would you say it has crashed or just had a major correction?

 

[Masquerade]

Main difference is time.

 

[Depth Trade]

I would say it was a timed Raid.

1. $50 psychological resistance played and used as leverage.
2. Margins raised and used to continue the momentum.
3. Stop losses hunted with short positions entered.

The same scum bag financial institutions and scum bag goverment that we continue to support and let get away with this sht.

 

[Liquid validity]

As the title says what is the difference between a crash and a correction. Do they have different meanings or is just simply the same thing but crash means a big ass correction?

Take silver for example at the moment, would you say it has crashed or just had a major correction?

Whats the difference between trepidation and panic?
Same difference between correction and crash

 

[forker]

Correction = lots of average traders getting their @55 handed to them

Crash = lots of institutional traders and average traders getting their @55 handed to them

 

[DashRiprock]

in a crash all correlations -> 1

 

[ledgy]

Take silver for example at the moment, would you say it has crashed or just had a major correction?

Where silver is concerned is it a correction, or the start of a bear market?

 

[Liquid validity]

Where silver is concerned is it a correction, or the start of a bear market?

http://online.wsj.com/article/BT-CO-20110506-714080.html

 

[kimo'sabby]

As the title says what is the difference between a crash and a correction. Do they have different meanings or is just simply the same thing but crash means a big ass correction?

Take silver for example at the moment, would you say it has crashed or just had a major correction?

The public understands wot a crash is, they haven't got a clue wot a correction is. That's one difference.