What was the price of oil?
Time to start buying, little by little.
Dow is forming a bottom at this time. The VIX (CBOE Volatility Index) and the VXN (CBOE NASDAQ Volatility Index), are signaling fear among investors and we may be seeing capitulation and a wring out of the weak among investors who in effect are saying "Here take this &^%$^ stock and get me what you can". While there may be a bit more downside we are ready for a turn around on a bit of good news.
Of course if the conflict in the ME gets worse and spreads, all bets are off.