It means your CV has met the minimum requirements to get an interview. Remember, everyone looks the same on paper.
The length of time you will spend in the hold pool depends on how competitive you are relative to your peers. If you are honest, you can probaly judge that yourself. A guy who just meets the minimum requirements is likely to spend longer in the pool than a 777 rated Captain with 1,000hrs command. All of the scoring areas have ceilings though so that 20,000 hrs doesn't make you appear better than an 8,000hr guy; just more in need of sleep.
Ghost