Try these tutorials:
Premiere Elements' color correction tools aren't nearly as advanced as Premiere Pro's, but the principles are very similar.
You may also want to do a YouTube search on Premiere Elements color correction:
http://www.google.com/search?source=aig&hl=en&rlz=&q=adobe+premiere+color+correction&btnG= Google+Search#q=adobe+premiere+elements+color+correction&hl=en&prmd=ivns&source=univ&tbs=v id:1&tbo=u&sa=X&ei=jLaZTdfSKYi_gQfIxPCxCA&ved=0CEMQqwQ&bav=on.2,or.r_gc.r_pw.&fp=adbd7b844 570f7e9
Thank you Steve, looking at Premiere Pro was a good idea, especially their forums.
One thing though. I know there is no one answer but what magnitude are we talking about when using Temporal Smoothing: 4 to 6 frames, 30 frames, more?
I'm sorry, Dan. I can't help you with that one.
You can try posting that question to the Community Forum of Premiere Elements support site http://Muvipix.com. If there's an answer, someone over there usually knows it.