Join Date: Apr 2006
Thanked 173 Times in 170 Posts
Rep Power: 12
"this is when those seasoned investors start to pick up the good deals..."
Could be, but if you compare the drops in 87/88, we could easily see the market at 8000 before it begins a five-year recovery climb. This might be a good time for select investments--ignoring the bankruptcies to come--or, it might be 25% higher than the market will be by spring.
The odds are better in Vegas. Not to mention, in Vega you can get comped for your room and drinks. Your broker doesn't do THAT for you, does he?