$HSI(HSI)$ Some individuals are referring to the current market trend as a "false bull" or "short-lived bull." However, I hold a different view. In comparison to the index level of 17,000 just under a month ago, prices have seen a significant rise. It’s possible that those making such claims are reflecting on their own experiences, particularly if they bought when the index was at 23,000 and are now facing losses. Therefore, it appears to be a matter of perspective. I recently read about Chinese internet celebrity Da Lan and the considerable number of individuals who incurred losses after going all-in following Golden Week. However, I find it unlikely that anyone who entered the market around the 17,000 to 18,000 range is experiencing such severe losses.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments