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People were unhappy with that, and not primarily because they felt less rich or because they foolishly didn't realise that they had the bargain opportunity of a lifetime.
Timing a market is tricky business, and prices alone may not be the best way to determine a bargain opportunity.
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What about end-of-the-year bargain opportunities?
While energy stock prices may be soaring, portfolio manager J.C. Waller III says investors can still find bargain opportunities in the sector.
On the international front, Waller says Chinese oil firms, like PetroChina, and Russias Lukoil offer bargain opportunities.
The massive selling pressure could create some bargain opportunities for investors among those Chinese carriers that are more focused on domestic travel, assuming flu cases do not emerge in China (See "Swine Flu Panic Creates China Bargains").
For those feeling bold enough to bargain shop, opportunities abound.
Really, for somebody who made her fortune creating bargain-hunting opportunities, this seems wrong.
Bargain-hunting opportunities lured some investors into the technology sector, which has been battered in recent sessions.
While economic and market woes will lead to some bargains and opportunities, deal-making may still be largely stifled by the persistent sovereign debt crisis.
And if things crash, as they have in many of America's residential real estate markets, that just means it's time for the bargain hunters and opportunity funds to have their day.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com