Let's say US mkts drop 2-3% later tonight. Undoubtedly the ASX...

Let's say US mkts drop 2-3% later tonight. Undoubtedly the ASX will fall... albeit not as much... and UGl will be affected. however, if outlook is solid i will seriously consider buying more while still cum-dividend.

overall, i am 67% short on my current portfolio. Have sold stocks consistently over past 3 weeks as suspect this rally needs a correction. however, i will still buy stks i consider to be under-valued.