"We're sucking on a straw until we hit the bottom of the glass, " he says.

FORBES: Magazine Article

Have we hit the bottom?

NPR: Lehman Brothers, Merrill Lynch: What Does It All Mean?

There is lots of talk about whether we have hit the bottom in inventories.

FORBES: A Few Housing Notes

Can we tell you where the market will hit bottom?

FORBES: Coping With a Crazy Market

"Unless we're prepared to accept that people might hit the bottom and sustain an injury, I don't see the Birdman contest ever being on in Bognor again, " said Mr Jones.

BBC: Bognor Birdman contest cancelled

All of this suggests that even though we still haven't hit bottom on this current downturn--and some of the worst may be to come --investors, companies and employees--are already positioning themselves for the next upturn.

FORBES: A Season For Surprises

If the peak was the peak in the Dow of 2008, heck, we could wait until 2028 until we finally hit bottom.

FORBES: Cyclical Bummer: Printing Money Won't Correct The Correction

We'll get to the bottom of that in our full review -- whenever these finally hit the market, that is.

ENGADGET: Sony S1 and S2 hands-on Hands-on

Back when I was raising money for my Internet marketing company, NetCreations, in 1998, the Russian debt crisis hit and we started getting calls from VCs looking to get in at a rock-bottom valuation.

WSJ: How to Win the Valuation Game