on the way back, page-7

re: downside figures for the correction... jazzmox...

If as you say, it is just the start of a long-term down cycle, then the figures mentioned would still qualify for bounce levels.

On this basis, once the market signals that the one of the levels has in fact held, one could still buy in relatively safely with a view to holding the position until the market give a reason to sell.

I would do this on any buy signal anyway, regardless of how obvious any "buy signals" may be, because in all reality we will not know if the previous trend is still intact until the XAO breaks 4620 again.

The secret is not to lock yourself into any ultra-long instruments...in other words, keep yourself light and nimble for quick movements in and out.

Cheers!