Just remember what happened the last 3 times stocks entered this zone. Almost everyone here called for the same things ("Dow 11,000, S&P below 1300 in days"). Instead, the S&P 500 shot back up and breached 1500 within a few weeks.
Admittedly, the December rally was short-lived, but it did happen again.
Quote from TraderDrake:
I would not take any names from my "Long Candidates" list over the weekend. Things might open higher Monday, but that's the best any long side player can hope for at this stage.