the correction we had to have

The question is picking the bottom.

The sub-prime market woes will not directly cause much more fundamental damage. The only worry is the tightening of credit in the U.S.

From this, we will eventually bounce and we will have a few months to trade before we get a better picture on the U.S. market overall - good or bad.

Some stocks are already oversold on fundamentals and may yet go lower.

Transferring $$ as we speak...:)