Now that’s a bounce. A well-timed bounce, for one longtime trader.

After another gutting start to the week for the stock market, Jani Ziedins, the investor behind the Cracked Market blog, delivered an optimistic take of what ultimately lies ahead.

“While prices could fall even further over the next few days and weeks, 12 months from now,” he wrote on Monday, “no one will regret buying stocks at the lowest levels since 2016.”