Originally Posted by nik
I would say now is a good time to be looking at buying, for the long term anyway.
I'm sure there are some good tips out there, but IMO There is plenty of misery to come yet, some big housebuilders, and all their commodity suppliers for a start, then all the manufacturers that supply them, and the commodity suppliers that supply those manufacturers etc etc so there will be plenty to catch out the unwary.
The knock on effects are massive, and looking for trends is the key to avoiding bad speculative choice, which is where it comes back to doing all the research.
This is why those that understand the mechanisms of short selling have been doing so well lately as the value of many stocks have fallen so much, dealers can still make money speculating on the drop in share price, but its high risk stuff.