[sgbuffett]

HSTech nears 14 March intraday lows. In March there was all out panic investors liquidated en mass and rush out at any price. I remember on that day the market rebounded sharply you don't even get a chance to buy and by the end of the day many stocks were 10% higher than at bottom.

6 months later the market is back this level after relentless selling for more than 3 weeks.

Investors have a choice.
1. Give it a miss as China's problems and coming rate hikes are just yo corrosive.

2. Buy because valuations are just so low. Stocks like Alibaba which is leader in ecommerce is at 25% of its price at peak having fallen by 75%.

3. Wait and see if got chance to buy lower.

3 decisions in the midst of uncertain environment.
You can also hedge a bit by buying some then wait and see.

Remember situation in China is fraught with complexity and risks of all sorts. This may not be the same as buying Microsoft after dot.com bust. If it is people stepping in now can get rich....then maybe it is ...you won't know for sure..

The  market never makes anything simple for you emotionally. 
It is also scary and uncertain at the right time. It is also easy and happy to buy at the wrong time.