If I may, I would apply your rule "don't squeeze the last 50 points out" to the present situation. The Naz could turn at any time here - we are already 100 points under what I considered a good call of yours that we were close to bottom. Why not just average in to your favorite stocks here and wait for the turn? I disagree wholeheartedly with those calling for Black Mondays, next leg down, etc.