Microsoft - Yahoo: Does this deal herald The Great 2008 Fire Sale?

Watch now as smart investors, companies and countries swoop in to buy distressed real estate and institutions for pennies on the dollar, deploying their mountains of accumulated cash and low-interest loans.

The Great 2008 Fire Sale is on.

So, is it time for you to start wisely deploying your cash?

I think it is. But be careful. Some knives fall all the way. (In other words, don't rush out to buy a condo in Miami or pets.com stock)