I'll post a working code example here. Take this code as a starting point using the possibilities you have with tikz and its libraries. For detailed informations about the used parts please have a look at the pgfmanual.
Important: It's worth looking at the Example Sections of the pgfmanual to get some good point to start with. Quite all the information you need for this can be found there.
\documentclass[border=6mm, 11pt]{standalone}
\usepackage{tikz}
\usetikzlibrary{calc, positioning, decorations.pathmorphing}
\begin{document}
\begin{tikzpicture}
% Circle node
\node at (0,0) [circle, draw, thick, label={-90:-3}] (circ) {};
% Left side with zigzag part
\draw [thick, ->, >=latex] (circ) decorate [decoration={zigzag, segment length=.1cm, amplitude=.1cm}] {-- ++(-1,0)} -- ++(-2,0);
% Right side
\draw [thick, ->, >=latex] (circ) -- ++(2,0);
% Text node with arrow to zigzag part
\node at (-2,-1) [label={[label distance=-.5cm]-45:Some text goes here}] (text) {};
\draw [->] (text) to [looseness=2, in=90, out=90] ($(circ.north)+(-.5,0)$);
\end{tikzpicture}
\end{document}
The code will give you the following image:

EDIT: Shortened version (just for interest)
\begin{tikzpicture}[>=latex]
\draw [<->, thick] (0,0) -- ++(2,0) decorate [decoration={zigzag, segment length=.1cm, amplitude=.1cm}] {-- ++(1,0)} -- ++(.15,0) node (circ) [draw, fill=white, circle, label={-90:-3}] {} -- ++(2,0);
\draw [->, shorten <= .25cm] (1,-1) node [label={[label distance=-.5cm]-45:Some text goes here}] {} to [in=90, out=90, looseness=2] (circ);
\end{tikzpicture}
tikz. Please make an attempt and post a specific question as to where you are stuck. For instance, can you draw the horizontal line? If so, can you add the circle? the label?, the arrow? the squiggly line? – Peter Grill Jun 11 '14 at 05:50tikzmanual and draw the straight line? – Peter Grill Jun 11 '14 at 06:00\documentclassand shows how far you can got and ask a specific question about the squiggly and the arrow. That way those trying to help have something to start with. – Peter Grill Jun 11 '14 at 06:05