Would you say it is time to start looking for stocks that should behave well if at least a minor bounce materializes around this level? I'm looking at a few that I've been following that made 52-week lows but closed up on the day - PLT, PIR, and DRL. DRL is a big question mark but I think PLT and PIR have potential as swing trades, with PLT selling off crazy low and PIR just maybe making a double bottom of sorts.