Will the CSL share price return to its all-time high?, page-26

This may be the beginnings of a healthy and overdue correction on the markets and this is the time when you are happy with your quality blue-chip shares....could be a rare opportunity to pick up underpriced CSL shares in coming days and weeks.

Those chasing the fast bucks have had a nice ride with stocks like Afterpay but their flaky nature is being exposed .... all it took was the threat of competition ( i.e. PayPal providing the same service) to send them spiralling nearly 20% off their highs of just a week ago....good.

This kind of thing doesn’t happen to the likes of CSL. Years of pipeline, decades of building quality management and teams beneath, decades of expensive R & D. You just can’t threaten that place in the market overnight.

Anyway - hopefully there will be a flight back to companies of substance - away from companies that you could run off your laptop!

Of course such is the nature of the market everything gets hammered when the markets dive.....but this is where the smart money cherry picks the quality blue chips like CSL.