Is it the right time to invest in blue chip companies

Is it the right time to invest in blue chip companies? 

The best time to  make investments in the blue chip companies is when the markets are down. 

Statistics suggests that this is the  time the prices of these  stocks come  low and offer  good buying opportunities.

So when every one else is selling, there are some smart people waiting to buy.

Many blue chip companies like nestle , procter n gamble, Infosys to name a few are far away from their all time high levels.

So when the markets fall one must be able to take decision on which stocks to buy and which stocks to keep away.