PP
buying in blue chips just because they have gone down is'nt a very good strategy IMO.
If you have a good estimate of the companies extrinsic or real value and then it is about 20-25% below this then you can make some good medium term returns.
Otherwise you are doing alot of work and investing a lot of cash to make 5% worth while.
Just another view
I respect your opinion PP and good luck with your strategy if it makes you money good.
Mine with LCY has already made me some and I am confident it will make more.
If anyone thinks that they have the correc`t answer they are wrong.
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