As I have said before, the stock market is still overvalued by about a quarter on fundamentals. Long-term that isn't going to matter much, but it is enough that I would prefer to wait for it to either stop falling so crazily or else get to where I think it should be.
And on the same site the [link|http://www.economist.com/printedition/displayStory.cfm?Story_ID=1353032|following] struck me as highly amusing. (What? You mean gossip rags haven't hit rock bottom already?)
Cheers,
Ben