UncleK

$XL2CSOPHYNIX(07709.HK) has most likely bottomed out. If it falls again, it will enter a bear market.

$XL2CSOPHYNIX(07709.HK) Ah Zu, it's time to stop, that's enough. This price looks really tempting_～

$NVIDIA(NVDA.US)$Micron Tech(MU.US)$XL2CSOPHYNIX(07709.HK)$Alphabet - C(GOOG.US)$Microsoft(MSFT.US)

I used a large model to compare the current AI industry with the situation during the 2000 internet bubble.

The conclusion is that the current period is equivalent to 1997-1998 in the internet era, far from the time when the AI bubble is about to burst.

The reason is also simple: the current situation is identical to 1997-1998 in terms of performance-driven stock prices. When the internet bubble burst, stock prices were already driven by sentiment. For example, the P/E ratios of companies making switches and routers (equivalent to current storage) generally did not exceed 50x in 1997-1998, and stock prices couldn't keep up with earnings growth. By 1999-2000, P/E ratios had reached 200-300x. At that time, sentiment drove up stock prices, and people no longer looked at P/E ratios, but at price-to-sales ratios or even click-through rates!

$XL2CSOPHYNIX(07709.HK) has already experienced a significant pullback, and it seems to be the final drop. Even if it falls further, it feels like it won't drop much more..

This is entirely a personal feeling, not investment advice!

$XL2CSOPHYNIX(07709.HK)

The drop today is really nerve-wracking. I added some SanDisk and DRAM a couple of days ago and ran out of money, so I could only add 100 shares as a token gesture.

Hope it stops falling...

$Micron Tech(MU.US) saved the market. I'll look for an opportunity to swap in $Microsoft(MSFT.US).

$XL2CSOPHYNIX(07709.HK)Should we buy some every time there's a big drop?

$XIAOMI-W(01810.HK)

Xiaomi was my first stock on Longbridge that helped me make money, I kept buying from 15 to 20, then kept selling above 25, and sold out all above 50.

This time during the decline, I also started bottom-fishing from 36, it oscillated between 31-35 for a long time, and I kept buying, pulling my average cost to 33, later it broke below 31 and I stopped the loss.

After it dropped to 28, I saw relatively strong buying interest appear, bought a small starter position at around 29, but found the rebound weak, and sold again at a bit over 30.

I probably won't buy Xiaomi again in the future, unless there's a qualitative change in Xiaomi's fundamentals.

There are too many good stocks out there, you must not be stubborn when buying stocks, you must, must, must set a stop-loss to prevent losses from amplifying. Only by staying at the table do you have a chance.

This wave of decline might be due to too many things happening, or it could be influenced by market sentiment. Subjectively, I think this month will be a volatile market, so I sold the double positions of $Tradr 2X Long Sndk Daily ETF(SNXX.US)$Tradr 2X Long Lite Daily ETF(LITX.US)$GraniteShares 2x Long MRVL Daily ETF(MVLL.US). Even though the cost basis was relatively low, I was still worried about the erosion of the double positions in a volatile market. Currently, it seems these good picks are still the fastest to rebound (I can't believe I cleared my SanDisk position, not sure what I was thinking back then).

I swapped into the ordinary shares of $Marvell Tech(MRVL.US)$Alphabet - C(GOOG.US)$Nokia Oyj(NOK.US). My main position was switched to Google, and I also added to $XL2CSOPHYNIX(07709.HK).

Not sure how it will turn out, feeling a bit unhappy, and don't even know exactly why I'm unhappy? Let's see at the end of the month...

$Alphabet - C(GOOG.US) finally got what I wanted. I got on $Microsoft(MSFT.US) in March, and it's been holding me back from getting on Google. Finally got the chance, adding gradually.

Conflict has flared up again, CPI met expectations, but I think the sports event had some impact, SPCX has also absorbed funds, liquidity is a bit tight, and brokerages have cleared domestic trades. This month is destined to be tough, but I think it's a time to position, we should settle down during this period and allocate this month's funds properly.

My current positions are mainly in storage, Microsoft, and NVIDIA, followed by MRVL, and a little CRWV. Google, gradually increasing position, FOTO also gradually increasing position, I will still add DRAM at the right price. Haven't added any small-cap stocks, I will only add small-cap stocks on the right side (after confirmation).

I've been continuously adding Zijin Mining in A-shares, currently the only position that's trapped, cost 30. Gold price around 4100, mining cost around 1500, huge profit margin. Zijin promises a dividend payout ratio of no less than 35%, I think the company has performance and confidence. Of course, if the gold price breaks 3800, I will cut losses without hesitation.

The above is not any investment advice. It's just my own thoughts and holdings, as a record of my own investment journey.

My daughter at home bought a few chicks, went to school early in the morning. Taking my son for a walk in the neighborhood, going to work soon~

$XL2CSOPSMSN(07747.HK)Observe in the morning first, then look for opportunities to add in the afternoon based on the situation.

$GraniteShares 2x Long MRVL Daily ETF(MVLL.US) bought a little after hours, and the current night market price has already risen above my cost basis.

I think with the current war situation, CPI data, and the SPCX listing all happening at once, liquidity is tight, so it won't go up that fast. But the price has dropped quite a bit, so I had to buy some to feel better. Once the funds from the SPCX IPO subscription are released, small investors might not be able to buy at such a good price anymore..

$XL2CSOPHYNIX(07709.HK) underlying stock turned green

$XL2CSOPHYNIX(07709.HK) Yesterday afternoon, it was like trying to find a sword by marking the boat — the pattern looked very similar to the previous correction.

$XL2CSOPHYNIX(07709.HK)

It's too strong, I'm timid, sold in batches, kept the base position.