Its Over, page-366

I think a confluence of factors - Dow could easily go on the skids again with volatility, big US names announcing results, geopolitical uncertainty (Middle East and implication for higher oil prices to derail world economy), rates expected to rise further, ongoing trade tensions with China, Italy and Brexit impasse, local hung parliament adds uncertainty especially in relation to policy implementation & certain prospect of incoming Labour Government next year with potentially less business friendly policies, the ongoing imbroglio surrounding the financial sector and of course traditionally October being the voodoo month everyone fears as major crashes happen this month. Noticeably, ASX displayed less correlation to Dow and Shanghai indices following the Wentworth defeat (..no, I am not a Liberal supporter)>

All in all, being ahead of the curve is important. Most of covered stocks were disposed a week or two before the onset of the fall and some even during the fall,..and now back to slow accumulation phase. Certainly some were added on too soon e.g APX and PPS. If the worse happens, can confidently say that the $ returns wont turn into negative because of previous locked in profits.