I believe there is a play to be made in homebuilders. KBHomes *might* revisit the 50s.
However, your best efforts are probably spent on stocks that move strongly with the market and that have strong fundamentals/earnings.
Why take the risk of attempting to play a bounce when it might or might not come?
I read an article about Year 2000 tech stocks. New Years of 2001 people were looking at their old tech stocks and thought that they couldnt go any lower. However, they did go much lower in the years to follow.
I say stay with the stocks with strong fundamentals and the ones that move with the market.
