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When will the stock markets bottom?

Right now all the market averages are down substantially.  It has had a little rally to get back to the starting line and erased earlier losses only to bounce off of it and head back down.  Here are the current numbers as I blog:

Dow

8,270.71
-308.48
(-3.60%)

Nasdaq

1,601.67
-43.45
(-2.64%)

S&P 500

874.57
-35.35
(-3.88%)

The S&P 500 has broken the 900 floor and the Nasdaq is [...]