Dow down 530 points today

One of the things I would like to speak of is an issue many wonder about---when to make a bargain buy in downward corrections. Thats not an easy answer but I do have one if you are a swing trader. It is unlikely we will see the highs of the Dow for quite a while. The top now is 1800 point higher with resistance pojnts inbetween withe the current 16455 level. Just because the price of a stock you really like and wanted is down doesn`t mean it is a bargain in these conditions. If however you have more courage than me then watching the moving average line for the DJI could indicate a shorter term rally. Learn more about charting to reasure your confidence in such a move.