I remember when many were saying financials were cheap when MER was trading at $60+ and GS at $200, wow, who would have thought, maybe the day they come out and say that they are just too expensive and need another 50% haircut might be just the time to buy.
Taiwan is handing out shopping coupons..... http://www.nakedcapitalism.com/2008/11/taiwan-to-hand-out-shopping-coupons-to.html Maybe the US Government will hand out stock coupons ?
I remember - maybe it was during the recession of year 1982 - reading the New York Stock Exchange listed stock prices in the newspaper and almost all were less than $ 10 / share.