I agree I wish I had more funds to buy some of these biotechs that have taken a beating! I don't have a good sense for timing a peak or a bottom but I agree too that if everyone thinks the world is coming to an end its probably a good time to buy and if your barber starts giving you stock tips its a good time to sell.
A writer (economist, lawyer, actor, former speech writer for Reagon, etc.) I like Ben Stein has had a few good columns on this and how the whole subprime issue has much less impact then people make it out to be. Anyway here is the link to his columns
News 
Market Data 
Discover 
AI
