I think the SP trend is very ugly generally speaking and CFE is being swept up totally with the markets. Market valuations are not applicable at the moment and were probably done using incorrect inputs based on the risk aversion encounted at the moment. I would expect a breather tonight (relative to the markets world wide) only to see it continue later next week. Don't expect a quick solution relative to these, as a 20% drop technically constitutes a crash. This is not far off. That is why the $US is so strong at the moment.
If you don't want cold hard cash in your pockets at this time and a buy back only to see the SP trend continue (and that weath eliminated) after a good but short lived retrace, then by all means buy straight back in. I think i would rather hold that cash until the dust settles then buy more at a better price. Cash is absolute king right now.
I was distracted today to re-enter, but there will be other opportunities.
Good luck holders
Add to My Watchlist
What is My Watchlist?
