Equity markets are "correcting"

The major equity markets (USA, Japan, Europe) have dropped by about 3% during the past week. It is described as a "correction".

This is healthy, and is to be expected. It is good to have a correction, after moving up strongly for the past 2 years.

I am getting ready to increase my investment. I will probably wait for 1 or 2 weeks before I decide. If the market falls by a further 3 to 5 percent, it will represent good value.

For my current investment, I will keep it fully invested, as a long term investment. I do not wish to get out, because I may miss the turn-around in the market.