I buy when other people are selling.
Jean Paul Getty in 1957 was named the richest man in America by Forbes magazine. He passed away in 1976 and his estate is now worth over 8 Billion. Yes with a B.
The point - When living in a slow period should you be buying or selling? Should you wait for the market to pick up or wait for a crash. No one has a crystal ball and no one knows what oil is going to do in the next 6 months to a year so I rely on people smarter and richer than I am.
So JP Getty said - I buy when other people are selling.