Yeah, I'd be waiting for blood on the streets type of news and...

Yeah, I'd be waiting for blood on the streets type of news and dont fall for the first dip as bad news could come in quick succession e.g. Boeing needs bail out = puts pressure on aviation stocks inc. SYD shares dip to 4.55 ....rallies to 4.92 the next few days, the following week news of bankrupt budget carriers globally 4.40 again, News of nationalisation of some carriers with huge injection$ from gov's. back up to 4.70, Sydney come out with passenger numbers = 4.10, one week later Debt and restructure announced = 3.85, then rating agencies put their risk assement out and shorters are all over SYD pushing it down to 3.40 with announcement the Board has postponed all foreseeable dividends

(if so dip your toe in) e.g. you want 50k worth long term, first buy 5k 4.55, 8k 4.10, 12k 3.85, 25k 3.40

or if you dont like falling knives, just go hard 25k at 3.50 and another 25k on any upward trend is your friend if you know its crossed the 50 - 200 day moving av.