JK, you are right that it is all sentiment. Markets are down, so...

JK, you are right that it is all sentiment. Markets are down, so people sell before it drops some more. The ONLY link between the US market and ours, is this sentiment. People are selling today, because the DOW tanked last night.

If you look at individual stocks on our market, there are so many of them that represent excellent value. Low,
low P/E's, stable dividends, good earnings outlook.

From a rational point of view, there is reason to buy, not to sell, for the long term. There is every chance prices will be lower tomorrow than today, but this is absolutely NOT on rational grounds.