"I surely would not be buying back in now with all the doom and gloom, but would be waiting for some clear signals that the market is back on track."

Good points, however, what are clear signals? Clear to some is still dangerous to others. It is a grey area. To some, the gloom and doom at it's heaviest is the time to buy, while others would steer clear. You know what they say though....by the time there are "clear"signals, which means everyone would recognize them, it's a bit late. Just more thinking on my part.