How about a few more kinds words from TWSJ before we sink into oblivion: "The good news is that it isn't forever (correction). And in the meantime, there are ways for investors to take advantage of lower stock prices to pick up bargains, capture tax perks, maximize corportae stock awards and tweak retirement accounts. The burst of selling that sent the DJIA down 4.3% on Thursday continued into Friday, when the average dipped as much as 2.1% before rebounding. All told the Dow has dropped 10.7% since April 29. The selling has been so strong that the S&P 500s 'relative strength index', a technical gauge of momentum, fell to 23.48 on Friday, the lowest since Oct. 10, 2008. That is an indication that the market could be drastically oversold. After all, the number of falling stocks on the NYSE on Thursday outnumbered rising ones by 20-to-1, and 98.9% of the volume occurred in stocks that has dropped. That kind of selling pressure suggests the end of a correction - not the beginning of a bear market." So let's see if we take out the Dow of 11,139 and the SPX of 1168.09 on an intraday basis. That could be a double bottom.
