As I'm sure everybody here knows, the market has been in the red for the past several days, and while this isn't necessarily good news for those of us who have already invested at bigger prices, others who are waiting for the right moment would surely appreciate some knowledge as to when is the right time to buy in during, or perhaps after a dip.

So this question goes out to any and all experienced traders and investors out there. Let's say you're waiting out this dip and trying to buy at a low a price as possible - how can you possibly anticipate what that will be? And what do you consider a bounce-back? Green for 24 hrs, 48 hrs? Is there a sweet spot?

Cheers!