After today’s huge plunge, I think now might not be a bad time to enter the market, especially considering much of the drop was due to a computer glitch. While there has been a series of down days (suggesting that the downward movement may have momentum), the significant drop to day is just a correction. Following the massive stock market drop after September 11, there was a quick buyback. As a result the stock market returned to pre-9/11 levels within a short amount of time. I think this will happen again, even with the talk of a possible recession toward the end of the year.
Read more about the market drop