Buying a Rolex in this economy?

[hjhansolo]

I'm a financial markets guy (boo! I know) and I'm thinking that we should start seeing good markdowns in 2009 not only for second hand Rolexes, but also even new to market Rolexes as dealers get desperate to shed inventory.

And, if the current FX market trend continues, one may be better off buying in UK, rather than US for a change as inventory there is priced in pounds and purchased in pounds.

Any thoughts? I'm looking at the new WG Day Date II for my pops. I tried talking him into other Rolexes, but he's fixated on that particular one. Clearly there will be some discounts on the old 36mm model, but I'm thinking that there may even be some wiggle room w the dealer.