Some charge in without fear of consequences.
Although Master Chi clearly stated that the 2800 level would return to around 3100, he also said: “Don’t rush in.”
Yet nothing could stop people from charging back into the market to claw back their losses. And how did that go? The index climbed 200 points — yet they walked away losing a layer of skin.
Today’s counsel: once you have left the fire, do not rush back in. The moment has not yet come.