Just like before, it keeps rising while people ask, buy? or not?
It has risen a lot, won't I get stuck if I buy? we said, and it rose
It has risen two days straight, won't I get stuck? we said, and it rose
By now it is about time for a correction, we said, and it rose
At this rate you will never buy, just buy it — no, a correction is coming, we said, and it rose
That is how it stormed up to the previous high in a peak-in,
and in the end the retail investors who climbed on late all got stuck.
It seems to have hit bottom and bounced recently, and it looks exactly like the early stage of a peak-in.
There is no dramatic surge and it is indeed a gradual uptrend,
but what is a little different from before is that expectations have cooled off sharply,
and the anxiety that it could drop at any time works together with that, so flows have shrunk
Yet you never know when it will suddenly jump, so not buying feels awkward too
I am holding Samsung Electronics on the 28th floor at a 40% weight with 60% in cash,
Hynix fell to 1.38 million and bounced
The semiconductor ETF was pushed down to the late 7,000-won range and bounced
It bounced and then dropped the very next day, so I took a small profit on the next bounce,
and from the day I sold until today it has risen three days in a row.
It stings, but I console myself that with cash I can buy any time,
yet when it comes to actually buying, I do not feel like charging in the way I did during the peak-in,
and while agonizing over buy? or not? I have not bought a single share for three days,
so I will rest through the Liberation Day holiday and start moving again from next week.
I should never have started stocks in the first place — it is quite the stress.