Ajay Shah peers into 2009 and concludes:
From an investment perspective, 2009 and 2010 is going to offer remarkable buying opportunities for the long run. Long-term investors will do well by loading up on equities in this period. The corporate bond market will also offer attractive propositions. But in the short term, this will be a daunting time. The greatest benefits will go to the discriminating speculator, who is able to thoroughly study firm fundamentals, make calls on which firms will prosper across the downturn, and choose good entry prices for buying shares or corporate bonds.
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You were right at that point of time as market has gained a lot since then.
khalid