Stocks have not touched the bottom of the abyss
The bottom of the abyss is still a ways below where markets currently are. Do not be misled. The ten percent differential between the Nasdaq and the Dow Jones Industrial Average and S&P 500 has fooled many investors and traders. Make no mistake, the DJIA and S&P 500 still have to catch up with the Nasdaq. That means possibly an additional 10-15% drop lower from current levels.