chart, page-24

I agree that a correction was looking due Snake.
I am sure we were not alone hence the rapid drop.
However I think it's now well overdone.
Yes it may get more overdone.
However I do not agree with your wait for it to come to you call.
You may get to buy it at your price but the market doesn't know your level.
It will find it's own level.
We as traders need to recognize the turning point rather than wait for it to get to our pre-determined level.
If the low turns out to be 12c higher than the level you pick and it reverses sharply higher and goes on to make a new record high, is it worth waiting for it to come to you?
I know there are times when this works out, but it doesn't always work that way especially with the strongest stocks.