ferrymanau,
you said "Personally, I would hold my fire on this and many other good opportunities until the sp starts going up again"
How do we know that the SP starts to go up? For instance, the XAO gained value for few months, then lost a lot of value during the last 10 days of Jan, then recovered for a couple of days (when many thought that the price started to go up again) and today it lost 2.4%!
The current fall in SP is based on irrational fear, not on fundamentals/facts. In fact, most of comapnies results and economic news are quite positive!!
Your comment makes a lot of sense for day trading/ short term speculating, but for meduim - long term investing i would buy at the current price without giving it much thought!
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