Yes, the markets wont rise in a hurry…nor is it doom day that it would go down to zero. Keep out of the market in such situations. Let everyone analyse the situation, know which stocks are good and which are not…let the economies stabilize and then buy.
Right now best is to stay in cash and wait for the markets to bottom out and stabilize..
Please no stock specific tips here but yes – you can suggest on how to invest in such times over here