Sentiment expressed in the press is always gloomy at market bottoms. Here are two examples. The first is from December 2011. "Our decade from hell will get worse in 2012." $SPX rose over 20% in the next 12 months.
The second is was published near the market bottom in the early 1990's recession (and start of a historic bull market).
Here is $SPX's subsequent performance (article at green arrow)
