[Fredledingue]

Many stocks fell at or below the lowest point reached in January 2008. (surprisingly those who invested in January and sold last week made money. The problem is that you may not want to have sold last week)

What is worse than Jan 2008 is oil prices. What is better is that the subprime and housing crisis has reached bottom and we don't hear of emergency credit package from central banks. What is the same is that banks still lose money and the market is in selling mood.

Bank may still lose money but the credit market seems to have stabilized.

Then as I said in other thread, and if you agree with me, oil could have reached a peak and fall from now on.

Some companies will post bad or mitigated results this year, but some stocks could be real oportunities right now.
If you select à la Warren Buffet, good, profitable companies, with value (as growth is somewhat jeopardized mid term), and safe revenues you could find some realy good bargain.

If you plan one to 3 years (or more) term investments, it's time to buy.
But be selective.