Minyanville's elder statesman Charlie Mangano rightly said "I've been around the block. In the early '70s, Wall Street was over. In the late '80s, the market was dead. In the '90s, we caught the Asian flu. We've been through worse and we'll get through this."

The world is tough and the market is frustrating, but we need such a optimistic view and patience to get through the current volatility...