TG, I agree with all your points. However, I am wondering if one really can get 2009 prices now. There are still a lot of buyers out looking and the government intervention is not going to help the near-term supply/demand picture. Luckily, I see more rational buyers now, so if everyone demands 2009 price, it will just bring the bottom closer.
Anyway, I too think it is within strike zone right now. So I will be trying to write a few offers in the next few months, yet it is often very frustrating.
I just kept on rambling, but the point that I want to make is that I always enjoy reading your posts, so thank you very much for that.