I like your sentiment but unfortunately we're not through it yet! Europe is being decimated atm. FTSE was down 10% earlier - although it has come back a bit. Where do you see a bottom for the dow? I can't see it going much lower than 8000.
The markets are way oversold. It's amazing they haven't had a significant bounce yet. There's no logic to them at the moment. Gold in any other market would be well over 1,000 / oz now.
Some are saying the dow will bottom out around 8,000 - last week I wouldn't have believed it, now - I'm not so sure. It's certainly possible.
Here's hoping we have a huge up day before then though - so I can off-load some of my longs!