The Dow after the entire 2016 sell off is still "bubbled up" with cheap credit. There is much more room for contraction.
And there are bargain shares right now. Dividend paying blue chips that have sold off drastically are attractive.
Nervous markets all over the world.
Lots of sellers without buyers.
The perception, and the growing evidence, that the Chinese government doesn't know what it is doing is scaring traders around the world.
There are 30-40% profits all over the board right now.
The trick is to know which ones to buy.