I think you are looking at a glass half empty scenario.  Don’t...

I think you are looking at a glass half empty scenario.  Don’t forget that the market has for a company like CSL, very little impact on its day to day business and its ultimate profit.  Who can say if it’s a continuing trend without a crystal ball ? but as someone who bought in  at $155.00 I am content with my lot.  You could do a lot worse than to buy and hold at this price, remembering of course that it could dip below the current price.  I wouldn’t be too concerned that it will fall too far, I think there will be a floor when those educated investors realise that it continues to be good value and top up..