That was the low point for the markets, and even today the DJIA is more than 10 times what it was a mere 28 years ago.
Might I add that October and November have, over the past century, been the best months to buy stocks? But a good month to buy stocks implies an intermediate term bottom.
Are there bumps in the road ahead? Sure. But from a decade long perspective, I have great confidence in the American economy. Pick up some shares of a quality, no-load mutual fund and put them back for the long term. Ten years from now, you'll be glad you did.