"The market is definitely in need of a really bad day. A day that will have many an individual investor throw in the towel. A day that traders call CAPITULATION. This is when the market opens down huge or gets clobbered early on only to make a late day recovery. Typically, this signals a short-term bottom. While Faisal Laljee quite confident that stocks can be bought 5% cheaper than current levels, one really cannot predict or know when capitulation hits and trust me, this is one sale you don't want to miss."