It's a sign that bottom is in and it's time to buy more stock. More Stock!
Called it! March 23rd was the bottom (so far). Off by one day isn't bad. Please ignore all the other top/bottom calls I have made along the way. This is the one that counts. ;-)
The levity on this thread helped me keep to my plan and buy stocks all the way down, even as I was losing $. I moved from 60% stock up to 75% stock(VTSAX/VGTSX) by March 23rd. It was really hard at the time to give up cash & bonds for falling stocks. To buy, lose 10% and keep buying, to sell bonds when they were down, but I'm glad now I did since I'm already at a net gain for those investments. Long term, I guess we'll see.
If the market falls again, I plan to move all the way up to 90% stock. I'm betting March 23rd was the bottom but it seems like most people are expecting a more significant drop ahead. I am betting $$ that stocks will be up in the next 10 years though.