All seem to point to the 770 level of the S&P 500 index as the potential bottom. In fact, most are disappointed that we did not get there on Friday or today. This suggest to me that not all fortunes are lost, and that there is plenty of buying power waiting on the sideline.
It is the psychology of everyone having been burned by buying what seemed to be cheap, only to see it get even cheaper in play! There is no guarantee however that popular wishes would be granted!

What I am certain of is that compelling valuation and extremely negative sentiment combine to create an opportunity of "The Buy of a Generation !" Anyone who has the insight and courage to take advantage will most certainly be very richly rewarded!