If you can't replace the pot at the moment, probably would do better in the ground. That's a lot of work for a plant when you have many alternatives. I hope that it pulls through and the weather lets up.

Thanks habjolokia, I guess it's a learning experience.. Unfortunately, I don't have space to plant in ground so everything is in containers. I will remember to put them under an awning or something next time it rains though. If it continues to look sickly, I might try to repot it.

Drill some holes in the bottom of the planter. Even in the drip basin so that nothing will collect. Drill some extra ones in the regular part of the planter also. I did that to all of mine.
Bruce

If I remember correctly it can't be drilled from a previous post, because of the type of material. Please repot or remember to not use that pot next season. It's a lot of work moving it around due to weather. Good luck and I hope it works out.

I pulled another 8 cups or so out today.. unreal.
The plant is still hanging in there but yellow. The top is still green with a few jalapenos on it. If it makes it into the weekend I will try to repot it. I did hear we're in for some more rain this weekend though.. it just won't let up.

You will find most places are beginning to place their summer stock on sale. You should be able to pick up a pot very cheap. I would suggest trying to pick up a 5 gallon if at all possible. I'm not sure where you're located, but here in NC we have stores called Dollar General and Family Dollar. I was able to pick up 5 gallon pots at the beginning of the season for about $7 usd. They should be even cheaper than that by now. Good luck!