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Opportunities will always be there for long term players, I agree. That goes for all markets, especially right now as we speak.
All asset classes have begun to shake out players since a few weeks. Stocks across the globe (Emerging Markets are being slaughtered since that's where lots of the hot money went), oil, metals... plus US real estate in some overheated areas.
Once this bloodbath is over I think there will be some cheap opportunities in all markets... at some point, when things bottom out. God knows when that is. And only for the ones who were disciplined enough to survive without panicking, sounds so easy but it's not.
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