What we did was waiting to ASI come down to 4300 or beyond that. If we have bought at the bottom we could get a big profits within few days.
According to the my opinion this is the problem of not having an investment strategy.
I used to do a fundamental analysis and for selected shares and buy them when they reach to the my price. No much stress about the market price fluctuations. After I bought the market price suddenly came down. But no reason to be exited. Because I bought at the right price.
At the point of buying I decide the price which they going to be sold. When the price come I sell them with the pre-determined profit margin.
Therefore the best way to get the optimum result of the investment is to develop a your own strategy. Then it avoids the unnecessary stress on the losses and profits.