Me too. Bargains galore now. I remember in June I had no money and was pulling my hair out looking at the screen and seeing LCYOB options going for 3.5c - now 10.5c!
But here's some great bear market advice from Julia Lee on Yahoo Finance:
"Don?t buy until you see the major market indices in a medium term uptrend. Bear markets can last 2-4 years and in some cases even longer. Through the US recession in 2000-2002, the S&P 500 lost 43%. Though Global Financial Crisis (GFC) 2008-2009, Australian market lost 51%. The market will not move down in a straight line. Even during the middle of the Global Financial Crisis, there were market rallies of 20%. But overall from the peak to the very bottom, the market lost more than 50%. The key message here is "Don?t jump in too early. There?s no rush. Don?t be sucked in by bear market rallies.""
