My favorite investing quote I read recently was from the famed Warren Buffett in the New York Times.
Be fearful when others are greedy, and be greedy when others are fearful.
I believe Speculation usually doesn’t pay off in the long run. As I’m sure Warren would probably also say it’s always better to stick to fundamentals. A company that was worth investing in two months ago when things weren’t quite so bad is probably still a good investment. Probably just a lot better deal now.