Latest Panic On The Street Presents Rare Buying Opportunity For Long-Term Investors

Without doubt, there were jolting reasons for last week’s stock market selloff: The Dow suffered its biggest loss in four months, the S&P 500 slumped  about 2%, and the NASDAQ tumbled some 5%, as America’s tech giants Google (GOOG), Microsoft (MSFT), and International Business Machines (IBM) shocked the Street with lower-than-expected earnings, joined by consumer favorite McDonald’s (MCD) and industrial conglomerate General Electric (GE) in posting disappointing results.

http://www.forbes.com/sites/genemarcial/2012/10/21/latest-panic-on-the-street-presents-rare-buying-oportunity-for-dedicated-long-term-investors/