This temporary bottom will make the rich richer -- those with the liquidity to buy in this market will make a killing.
This is a TEMPORARY setback.
The only people that could possibly be hurt buy this downturn are people about to retire that had (1) bad financial planners, (2) were caught in the greed bug that the late 90's created, or (3) chickenshits who pull their money out of the market now due to fear.
Institutional investors are having a field day watching Joe average pull his money out of the market and picking up stock in companies with solid fundamentals that are now undervalued because 'Joe' is scared.
Pick any 10-15 year period where money was put in at the beginning and was worth less at the end (including the Great Depression and factoring in inflation) -- go ahead... I'm waiting!
