tm_speedstyle371 wrote a post · Jul 19, 2024 00:31

I will wait a little longer.

Today I increased my position in Loves at nearly the bottom price of $52.6. Some people say that gradually increasing the position in small increments is a steady way to invest. I have been increasing without taking profits or cutting losses. It seems like the dollar will continue to strengthen.

However, it's tough when the market keeps dropping day after day. I understand how you feel. Except for the strong performance of Intel in the semiconductor sector, all stocks have the same candlestick chart 📉, so there doesn't seem to be anything specific going wrong individually. The Dow is also declining and the fear index VIX is high, indicating that it's not just a sector-specific issue. Tomorrow's Nikkei will also be challenging. Additionally, I believe that President Biden's China policy has a larger negative impact on the SOX than Trump's.

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