Opinion is split on whether the stock market has bottomed from its most-recent correction. For over a year I thought the market was due for a big correction, and the most recent 10% correction fits the bill. There was a little bit of panic mixed in with genuine concern over sub-prime. However, I think things in the market have stabilized and will go back to what they were doing before this scare; they will rise.
Many think the market is showing its first signs of a major downfall, but I disagree. Stocks remain well priced and things look brighter while investors have calmed down.