Man that package of $700 Billion isn't going to save the stock market.
If anything stocks will shrink a little more and right now is a good time to buy.
The only problem is that the bailout might do nothing and there will a be a depression worse than the Great one.
Even Apple has lost 50% of it's stock value in the past 2 months, everyone is losing money if they're invested currently.
Google is at $370 from $540 3 months ago...
Wait a couple more weeks to see how the bailout package is going to be distributed, then buy in.