a couple months back, this analyst was asked about Encana...and said it was a good buy, and this was when it was trading about the $70's....and he said he'd love to buy it at $50 and I honestly laughed out loud....well he'll get his wish today....I would have bet it all he'd never seen the day.
One of our family friends is a broker, and he says for people with cash, turmoil and fear cause them to do the best they ever will in the markets because of the ridiculous prices at which stocks are sold...in a matter of a year or if they have a longer term outlook, people are going to make even more money.
I guess with rough times comes oppurtunities you wouldn't have even dreamed of.
Rocco