Updated from 7 a.m. EDTThe ancient Chinese proverb and curse "May you live in interesting times" came into full effect last week, when the market crashed on Monday by 777 points in a single day. If you look back at the Dow Jones Industrial Average since 1895, you will find only seven days when the Dow dropped 7% or more and made a new low. Five of those times were before 1940, when the Federal Reserve did not have much market-moving authority. Additionally, the CBOE option volatility index, better known as the VIX, spiked to 48; the OEX volatility index, also known as the VXO, hit 51. These high implied volatility signs are classic signs of panic/capitulation. I know it's painful to buy stocks at a time like this, even for a quick trade. But over the past 50 to 60 years, if you'd bought stocks when the VIX or VXO spiked into the high 40s or low 50s, you'd have been profitable one month, three months, six months and 12 months out. And take your pick. Last week, you could have loaded up on techs such as Microsoft ( MSFT), Oracle ( ORCL), Juniper Networks ( JNPR) or financials such as Wells Fargo ( WFC), Bank of America ( BAC) or Goldman Sachs ( GS). There are tons of interesting opportunities this week, too, in my Rocket Stocks portfolio, including Robbins & Myers ( RBN) and Yum! Brands ( YUM). To check them out, visit Stockpickr.com.