![](https://i.imgur.com/CLvY2jA.png")
20-03-2022, 09:10 AM
Lesson here is
1. Cheap stocks can get cheaper. But not ever market has a breakdown like the HSTech many just recover from low levels.
Panic cannot be predicted.
2. Stock movement drive emotions even in most rational of investors. When stock goes down many were heavily invested and feel pain. They were not prepared. This can cause them to sell at bottoms when they panic or cause sleepless nights. Investors who where bullish previously
3. Most including myself miss the chance to buy more at the bottom.i saw the bottom bought and hesitated....
Right now the HStech index us still at depressed levels roughly 26% below where the best value investors saw the market as cheap. So the opportunity is still there even as you missed the bottom. However if you are highly exposed you should be cautious.
One possibility is the unwinding of the 4 fears....
1. Clarity of regulation and for these to trickle down.
2. War to end.
3. China stimulate its economy out of slowdown.
4. China find a way out of covid.
Bull markets are born out of the greatest fears ...deepest darkness and greatest pessimism.
1. Cheap stocks can get cheaper. But not ever market has a breakdown like the HSTech many just recover from low levels.
Panic cannot be predicted.
2. Stock movement drive emotions even in most rational of investors. When stock goes down many were heavily invested and feel pain. They were not prepared. This can cause them to sell at bottoms when they panic or cause sleepless nights. Investors who where bullish previously
3. Most including myself miss the chance to buy more at the bottom.i saw the bottom bought and hesitated....
Right now the HStech index us still at depressed levels roughly 26% below where the best value investors saw the market as cheap. So the opportunity is still there even as you missed the bottom. However if you are highly exposed you should be cautious.
One possibility is the unwinding of the 4 fears....
1. Clarity of regulation and for these to trickle down.
2. War to end.
3. China stimulate its economy out of slowdown.
4. China find a way out of covid.
Bull markets are born out of the greatest fears ...deepest darkness and greatest pessimism.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
