@setia100:Chip Slump would only be getting worst for the facts 1) Recession is happening now. Chips suppliers won't be spared. Companies & individuals would hold back spending on pc replacement to save costs. 2) Biden keeps imposing chips sales sanctions on China using NSA reasons & disregard on the interest of chips makers 3) With oil price keeps on hiking, demands for new cars will be dropping. Each new cars consume 50-300 chips. So, easily millions chips will be evaporated. 4) Tech & fintech companies have stopped new hiring...even worst many are firing workers to normalize spending. So, demands for pc & servers will be drastically reduced. 5) Phone sales are not immuned to recession. Many phone makers are forecasting flat demands or not admitting to
@sgFIREmm:$Alibaba(09988)$It is precisely this situation where there are huge volatility in the market, we need to understand and control our emotions in order to make rational decision.Making rational decision to benefit from this short term corrections.Do not let fear cloud our judgements.In my youtube channel, i share with you all of the emotional aspect of investing that helped me 2x my money during the 2008 and 2020 crisis.Its all FOC and diligent investor should take advantage of it, instead of wasting money on gurus.https://youtu.be/UhN0BDu5t5E
I am sorry I am not going back from the work email today and today I just don't think it will be a good Reply reply reply help for reply stop to reply stop stop please please replyreply help help