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I have to admit that, the current wave 3 down leg caught me of guard in terms of its strength. However, based on the time cycle, a rebound should be very very close. All we need is a little bit more patience and don't be shaken out before the rebound.
Always remember to keep a lot of cash and only use a very small amount of the cash to do any bottom fishing if you want to. Even with that small amount of so called "gamble money", we should put them into action lot by lot, never in a whole trunk. MARGIN IS POISON AT THIS TIME. After all, this is still a very dangerous bear market.
I will also take this rebound to reshuffle my portfolio.
The worst is yet to come.
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