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Well stocks are arguably cheap at the moment - but I think it's a bit early to tell whether this is the bottom, or whether we will see further weakness. I personally suspect we will see sideways trading for up to a year before the markets start to recover ... so while it might be cheap now - it may take a while to make much money out of your investments.
Of course, this is just a guess - I'm no expert and I can't say exactly what is going to happen!
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Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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