It is very important that the market does not go below today's low in the next 2 days. If the market can stay above today's low, I'd say that we have seen a short-term bottom. The market should rally from that point on. This is a trader's market now. You have to buy and sell to make money. My Picks: CDI, GROW Always know where you'll get out if it does not work. 7-10% decline from your buy point is a good place to take your loss.