Points to take note in a correction

My portfolio down about 20% as of 16 Mar. I found out there are some learning points for me to take note of:

1) Some stocks are bought at a premium e.g. Sph reit.
2) Catching falling knives: e.g. cdg, I can able more patient and monitor the stock for some more time.
3) Did not have a substantial warchest, I have to wait for my pay in order for me to buy more stocks. 

Future outlook:
The market is going to recover. We do not have an issue of liquidity like the 2008. Once the pandemic and oil issues are resolved, market will be back to normal.

Stocks in my watchlist:
Koufu: Potential growth, price drop a lot, now is around 11-12 PE.
Sheng Siong: Strong growth, PE around 20 right now.  Investors gives this kind of strong growth stocks a high PE of 20-25. Lower than 20 PE will be a steal provided that the growth is substainable.
Haw Par: Value stock, looking for capital gain, currently 0.7 PB
DBS: Solid blue chip, always trading at premium, now slightly below 1 PB
OCBC: Solid blue chip, always trading at premium, now is 0.8 PB

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