Reformed view on dating
This meant it was repeatedly targeted by enemies of the Republic, such as Imperial Admiral Natasi Daala, the Empire Reborn, and the Second Imperium.Members of the order were involved in many of the key conflicts in the galaxy during the prime of the New Republic, including the Nagai–Tof War, Operation Shadow Hand, the Black Fleet Crisis and the Corellian Crisis.The S&P 5 a few weeks back and has since been dropping precipitously, we are now down roughly 3.7% from that level in a short period of time.Heading into today, we’ve been negative 4 days straight and have seen losses during 9 of the last 11 days on both the S&P 500 and the Dow Jones Industrial Average.Let’s first define some terms: With a market pause that is not yet even a 5% dip – let alone a 10% correction – people (myself included) have been jumping the gun in trotting out the C-word so early.But for argument’s sake, let’s say we’re headed for a real correction…what should we expect?It would continue to grow and serve the galaxy for decades to come, until the Sith–Imperial War once again dispersed the Order and made its members fugitives. […] The potential for abuse—if any of you turned out to have talent and learned anything without learning everything—is staggering.They subsequently returned to their place in the galaxy at the end of the Second Imperial Civil War. And I don't want to be responsible for that." After the virtual extermination of the old Jedi Order by Emperor Palpatine, few survivors had remained; those that did went into hiding, some abandoned the way of the Jedi while some like Rahm Kota and Dass Jennir continued to fight the Galactic Empire.
I have no strong opinion on that debate.* Bull market rallies in between corrections – and there have been 58 in the post-war period – tend to run for an average of 221 trading days before being interrupted and gaining an average of 32%.Today I’ll limit my remarks to price action and not get started into a whole discussion about news, valuations, or anything else.A handy field guide to stock market corrections below (data via Dow Jones, Morningstar, Bloomberg):* Since the end of World War II (1945), there have been 27 corrections of 10% or more, versus only 12 full-blown bear markets (with losses of 20% ).* This equates to one correction roughly every 20 months, according to Dow Jones index maven John Prestbo, who points out that this average does not mean they’re evenly spaced out.The Jedi Knights, reduced in number to only a handful, were slowly restored, primarily under the leadership of Luke Skywalker, son of the former Jedi Knight Anakin Skywalker.Slow in developing, it existed for a number of years as a disparate group of Force-sensitives with various degrees of training.
Around the time of the Nagai–Tof War, Skywalker received several requests for training from young freedom fighters who hoped to become Jedi Knights, but Skywalker's reluctance remained.