Many people asked me if they can buy at the bottom?
My view is the same as a month ago, light position and watch the show! This wave of my 1.5% position, almost no loss. Watch more and do less, there are many opportunities to buy at the bottom, don't rush.
In addition to the huge negatives such as the Mentougou compensation and the German government's sale of coins, I am more worried about two points:
1. The net inflow of US stock ETF funds for many days has been trapped. Will there be a panic sell-off?
2. US stock prices are high, is there a risk of a correction?
You must know that the US stock market was only traded for half a day on Wednesday and Thursday, and the ETF funds could not run away. If the ETF funds follow after the opening...
Therefore, waiting and watching the show is the best decision at present! Wait for sufficient turnover and sideways adjustment before making a layout at a low point!
