No matter what you imagine, this situation is indescribable.
Think of it as ten times the bite force of "even if a tiger bites me, it wouldn't bite this much."
Did we do coin flipping? Did we ride a political theme?
Hynix was practically the top domestic super blue chip stock from 50,000 won of Samsung Electronics. It was also the top in market capitalization. This is almost a situation where the whole nation got bitten.
I understand why people blame the government. In a situation where the whole nation gets bitten, the government has to do something, right? They can't just stand by.
However, what I keep thinking about is what I said yesterday. Considering that 80% of our assets are tied up in real estate, the buying layer is thin.
Our buying power was around 9,000, wasn't it? We can't buy anymore from now on, so isn't it because we were pushed this far by foreign selling? It feels like people who are waiting to buy at the bottom are scared and can't come in because it's going down crazily.
Buying and selling Hynix while selling other stocks, or buying with leverage after selling Samsung - that was a kind of collapse signal. But how could individuals know something like that? Even experts were saying "Wow, it's rising too fast," weren't they? They didn't really care about supply and demand because they only had so much.
There is no need to blame yourself or other entities. Those who read the risk signals mentioned above and cut their losses are lucky. Or those who followed their trading principles and automatically sold are also lucky.
Even if you're not a genius, don't be too disappointed. I think those who lost money believe that "time" will solve the problem. There hasn't been a war in our country, and Hynix hasn't gone bankrupt. Both are companies with more money than they know what to do with. Foreigners and institutions will definitely buy at the bottom. It may not happen tomorrow, but it will happen. Buying and selling is the destiny of foreign investors and professional traders.
I offer hope to those who have been bitten, congratulations to those who cut their losses, and comfort to those who are having a hard time and had to cut their losses.
It may not seem like it today,
but I hope everyone has a peaceful night. May our investments be fairly valued in the future.
