I agree; we’re dealing with a completely controlled, small-scale market. In my view, prices are decent right now—not exactly the "bargains" everyone claims they are—because stock prices here aren't driven by fundamentals, but rather by whatever happens to be catching people's attention at the moment. That volatility is even more pronounced in our neck of the woods. While yesterday's rallies in the USA and Europe were notable, I expect them to trickle down here, though certainly not with the same intensity.
I also suspect the real issue is that the CIA is just waiting to scoop up cheap capital once people finally decide to stop pulling money out and start reinvesting it. Once that shift happens, the market will surge aggressively, and at certain price points, the IMF will step in, creating a massive "boom effect" on the exchange.
So, the question is: why isn't the CIA moving yet, and when will things get complicated? For instance, about a month ago, everyone was pulling cash out out of fear of further losses; meanwhile, I was actually buying more to lower my average entry cost. But today, and likely in the coming days, I think we'll see the opposite: people pulling money out of funds because they want to recoup their losses quickly, lured by headlines claiming stocks are "cheap," prompting them to jump into individual buying instead.
The most important thing to remember is that there is no such thing as a "cheap" stock. There are only profitable stocks and unprofitable ones; "cheap" doesn't exist.
That's all from me.
I also suspect the real issue is that the CIA is just waiting to scoop up cheap capital once people finally decide to stop pulling money out and start reinvesting it. Once that shift happens, the market will surge aggressively, and at certain price points, the IMF will step in, creating a massive "boom effect" on the exchange.
So, the question is: why isn't the CIA moving yet, and when will things get complicated? For instance, about a month ago, everyone was pulling cash out out of fear of further losses; meanwhile, I was actually buying more to lower my average entry cost. But today, and likely in the coming days, I think we'll see the opposite: people pulling money out of funds because they want to recoup their losses quickly, lured by headlines claiming stocks are "cheap," prompting them to jump into individual buying instead.
The most important thing to remember is that there is no such thing as a "cheap" stock. There are only profitable stocks and unprofitable ones; "cheap" doesn't exist.
That's all from me.