Current pullback - a perspective

The current pullback in the financial markets appears worrisome, with all the headlines and market pundits
predicting further gloom in the markets. But the reality is none of these forecasters can get their calls consistently correct. The economy has been moderately growing and the fundamentals are looking pretty good. The prospect of lower gas prices and the latest unemployment data is going to be a further boost to this growth. An year or more from now, this pullback appears to be nothing more than a bump. This is an opportunity to buy for a long term investor rather than getting worried or panicked. No one knows for sure, if the market is going to up / down next month or the year end,  with all the scare going on currently - be it Ebola or something. Of course, if there is nothing else and everything is looking good , that itself is a worry. But, the one thing that is fairly certain is, this country is going to produce more goods and services next year, the year after etc. For a speculator or a trader this doesn't really matter, but for a long term oriented investor this is definitely an opportunity. With this back drop, I'm adding to some of my holdings that I have been having for quite sometime. I'm not very sure about a particular company in this list, but considering the aggregate , I'm positive this should give a satisfactory return over the long term.


KSU  - Kansas City Southern Railroad.
CP   - Canadian Pacific
VIAB - Viacom
AXP  - American Express
CBI  - Chicago Bridge and iron
CMI  - Cummins
CTSH - Cognizant Technology
DOW  - Dow chemical
DVN  - Devon Energy
GE   - General Electric
FAST - Fastenal
HAL  - Halliburton
ETN  - Eaton Corp
CNI  - Canadian National
PCP  - Precision Castparts
MA   - Master Card.
V    - Visa
UNP  - Union Pacific
VRSK - Verisk Analytics
WBC  - Wabco Holdings
XOM  - Exxon Mobil
USG  - United States Gypsum
NOV  - National Oilwell varco
IBM  - IBM
IR   - Ingersol Rand
ITW  - Illinois Tool works
GM   - General Motors.
HOG  - Harley Davidson