Waiting for stock massacre

Looks like things are turning for the worst:

USA	Longterm	Midterm	Shorterm
S&P500	Down	Down	Down
DJI	Down	Down	Down
Nasdaq Comp	Down	Down	Down
Russell 2000	Down	Down	Down
AMEX Natural Gas	Down	Down	Down
AMEX Oil	Down	Down (-)	Down (-)
AMEX Security Broker	Down	Down	Down
KBW Bank	Down	Down	Down
KBW Insurance	Down	Down	Down
PHLX Housing	Down	Down	Down
PHLX Shipping	Down	Down (-)	Down (-)
S&P Retail	Down	Down (-)	Down (-)
AMEX Biotech	Down	Neutral	Neutral (-)
AMEX Airline	Down	Neutral	Neutral

I'm waiting for the next slaughter. I'm still holding all my position and didn't close them during last week's bank massacre. Hopefully I'm right.