Monday was a roller coaster day for investors and another day not to look at your 401(k). At the end of the day on Monday the market recovered a little, but was still in the red, leaving economists and regular people still uncertain when the bleeding will stop.
In uptown Charlotte Monday, the electronic ticker tape on the corner of the Wells Fargo building scrolled the story of another tough day for Kevin Kelley's 401(k).
"I am always worried about my retirement account. I mean, that type of drop in the market is concerning," said Kelly.
The roller coaster that is Wall Street these days showed mostly red again on Monday. The market was down more than 250 points at one point.
All that volatility is tough for even experienced economists to figure out.
What Mark Vitner believes is that the free-fall since last Wednesday may be based more on fear than facts.
"The markets trade on fundamentals over the long run, but they trade on fear and greed in the short run, and right now, fear seems to have taken hold of the market again," said Vitner.
Not everyone is afraid. Martin Michaelson looked at Monday's losses, admitting stocks may have gone too high too fast this year.
"I think we have had a really good run lately and I thought it was inevitable," said Michaelson.
Financial planner Kelly Graves said even the hundreds of points lost in the last four trading days need perspective.
"Whether this turns out to be a correction or just a dip, we do not know. Technically, a correction is a 10 percent drop. We are nowhere close to that at this point, but they are not fun -- I will agree with that," said Graves.
A rally late on Monday stemmed the bleeding, but it still has a lot of regular people wondering what, if anything, they should do while all of this volatility plays out.