I am hanging on here. Shares are way oversold; fundamentals as...

I am hanging on here. Shares are way oversold; fundamentals as strong as ever in shares I own. I just wish I had more cash to buy more at these levels. I am quite sure some savvy overseas investors will be doing just that in the next few days.

The only conceivable reason I would have to sell is to hopefully buy back at a lower price to help minimize tax. However that would delay obtaining the reduction in CGT which you receive after holding a share for 12 months. So I'm not doing it.

I am reasonably certain the market will recover. This is just a lot of panic selling. Suddenly sentiment will change and people will be clamouring to buy the bargains everywhere.

Maybe I'm a fool but this correction has nothing to do with shares I own.