I was out of the country during the first few months of the GFC and news was a little hard to come by but I remember the words of one commentator to the effect that just when you are brave enough to look over the parapet another body floats to the surface. I think that realistically we are still near that point but in a state of denial. Having said that their are a lot of people with their money parked in cash who will miss the next upturn and there are people who are buying RED. Someone will get burnt but remember that investors was buying RED at .03cents (30 cents in the new money )in early 2009.
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