Getting ripe for the picking

"Stocks post worst decline since August ’09" @ inquirer.net

It was reported that: Heavy selling cut 2.4% off key price index. The report used the word "bloodbath."

Miko Sayo of tsupitero.com says that Feb - Apr is normally ugly for the market. I guess this is a fitting start.

I wouldn't be surprised if the "ugly" Feb - Apr period extend a bit due to the May 2010 elections.

For those looking to start some long positions, the prices for entry are getting better. I wouldn't jump the gun yet, though. I'd wait for a no-brainer entry point.

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