Yes. Somewhere I've posted to keep calm when correction happens.
People said it is start of bull market. Go to investmentu and read it.
Another rule of thumb people used is, if up by 20% from bottom, bear is dead. Just a rule of thumb only but it is a belief by many people, one move, the rest will slowly start to move, the herd instinct is yet to come yet because many are still procrastinating... just a  norm, part of human psychology. Market is not only FA &TA but also psychology and many other things... real complex. Right now, nobody still can model it.

When spring just comes, the buds will start to appear...

Once again warnings and predictions are being put forth about the next crisis to befall us and this time round it behooves us to pay more attention and make sure this time that we are better positioned to survive and prosper whatever comes our way. Below are major market forecasts and investment advice based on drastically different analytical styles (demographic, fundamental, technical and ‘socionomic’) from forecasters who have ‘been there, done that’ successfully in the past and are once again forecasting what their research indicates is in store for us over the next decade. It should be ignored at our peril.

Harry S. Dent Jr., the author of ‘The Roaring 2000s’, ‘The Roaring 2000’s Investor’, ‘The Next Great Bubble Boom’ and his latest book entitled ‘The Great Depression Ahead’ states that “The most important cycle change for your wealth, health, life, family, business, and investments is just ahead during the first and last depression you are likely to experience in your lifetime.”

Dent makes it clear that his predictions, while almost always contrary to most economists and expectations, have almost always proved to be correct because his predictions are based on the same sound and quantifiable logic insurance actuaries use with a high degree of accuracy to predict, decades in advance, when people will die. Dent says he applies the same science to predicting what things will happen in between birth and death – such as when people enter the workforce, get married, spend, are most productive, borrow, invest, retire, buy houses and so on. He believes that such a study of demographics and other key cycles allows him to determine the future based on the facts of the present and of demonstrated behavior so he can see the pig, or the pigs, going through the python. With that understanding of the basis for his forecasting he goes on to predict (and I paraphrase) that:

Dow will Rebound to 10,000 – 13,200 within 6 Months
A likely massive stimulus plan will bolster the economy somewhat into 2009 for a likely rebound in the Dow to between 10,000 and 13,200. A projected bullish scenario puts the Dow between 12,000 and 13,200 between April and September 2009 if the Treasury rescue plan takes hold with the markets anticipating a recovery. A projected bearish scenario assumes that if the recovery is at best rocky, or at worst that we were to move more into a depression in 2009 than a serious recession, that the Dow would only get back to 10,000 to 11,000 and not last as long.

If he is accurate, then we stil got some distance to go.....hope he is right.

OIC, I tot he also been affected & not immune to this crisis & also loss quite substantial.

As a TA practitioner, I dun believe in long term investing, u sit the roller-coaster up & down.

Dun believe me, just take a look at all the stock charts & u see most look like a "Towering Inferno" over the long term, shooting up & subsequently dying down.

If u had bot at the start of the flame or anywhere b4 the peak of the flame & hold till now, u would have been burnt, toasted & fried as most of your huge profit would had been wiped off, experiencing empty happiness at the end of the day.

Only the green-horn & uninitiated would buy this "long-term investing" bulshit idea but not to a trader who can make much more from chart trading.