Your so called low entry point will shift once the large market comes in play. This bear view only initiated recently when the global selloff began. So it will not work for me. But it may for some people. So like I said, we have different strategy on this.
To predict the entry price or which way the market moves is like predicting which direction a bird flies -exerpt from a famous value investor.
News 
Market Data 
Discover 
