In theory, the real massive sell-off hasn’t come yet!

Under the downtrend of tech stocks, it has already taken shape. Don’t try any wishful thinking and fantasies about buying the bottom. Even if the US stock market gets a tiny lift, once A-shares open and nudge up, that will all be chances to run away. Today, 176 stocks hit the daily limit-down; more than 20 of them fell by 5 percentage points or more. All kinds of leveraged financing positions probably can’t hold out much longer. Ever since the market came down from the high point until now—if you haven’t managed to hold your hands in check—then for the players who used financing, profits are probably already gone, and some are even continuously losing their principal!

There’s nothing new about this kind of brutal plunge. Predict the big orders next, and then—there’s going to be an even more massive bloodbath: that kind of where the index drops by 100-plus points, 200-plus points. All sorts of catch-up declines will follow. Think about limit-downs—just wait and see. This month, or very soon, it will appear. Tomorrow, I will liquidate everything during the opening auction!