I would like to remind those who are doing shorts,

As stocks went down wave by wave, every wave looks the same. But they are different under the hood. I would stress that the guys who dare to buy at the last wave facing collapsing mountain in front of their eyes are usually long term investors, they are different from those speculative investors, only two things can make them to sell, a worse than expected economy (what could be worse than current projection of economy?) or a greater bargain somewhere else. So investors who buy for each down wave are different from the last one. Same thing applies to those sellers, the most dramatic sellers are those who are forced to sell because of margin calls. I am not sure how many of them are still left.

This logic applies to insider transaction as well. If u can still find insiders buy after so many horrible stories happened to other insiders, the wise thing is not to laugh these last foolish insiders, but ask why they are still buying?

Second, as every wave done, the value just gets better and better, it gets more and more obvious.

Jews are famous on the financial battles, I wish our Chinese doing the same, I do not want to see some Chinese who win every battle along the way, but lose the war in the end. I also want to encourage those long term investors who seem like losing every battle for the last couple of months, the war is far from over.

It does not mean the stock market would be up next week, but no one knows what would happen in future.

[longtermInvestor]

thank you! I am glad somebody is thinking the same way.

[飯桌]

Totally agree with your opoions in this articls.