In a 900 point swing the Dow traded below 8,000 after being positive on the open, then began a rally that took the Dow to a 552.51 point gain to finish at 8,835.17. Remarkable! Some analysts believe this reversal means the market has put in its bottom...at least for a few weeks.
Volume was about 5oo million shares above average. In terms of dollars, the Dow's swing amounted to a gain of over 600 million dollars after losing more than 300 million.
It's still wise to be careful investing at these levels, but now may be the time to test the waters.
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