QUOTE(DS_Legacy @ Jul 1 2021, 01:16 AM)
Sifu, i learnt a lot from your posts
Mind to share if the turning point is here yet, according to CA?

Hello. Apologies for late reply as I no longer track this thread. Saw notification of your tagging and came to see what is it about.
First and foremost, I am not sifu. Not qualified to be one.
Good to know that you have learnt a lot from my posts. I hope you have taken actions as well because knowledge is useless, applied knowledge is powerful.
Regarding your question about CA turning point, I have done my part and warned enough about 2H2021.
Below is my view, same view and I am always wrong:
In 2H2021, whoever that invest based on fundamental and have the buy and hold mentality will feel the same experience as the recent price decline of SERBADK. Warren Buffett is no exception to that as well. He knows that and he is holding tons of cash that can double his net worth when the blood is shed. Retailers do not have those kind of cash reserves, so be careful of your capital. 4Q2022 will be the time for value investing to shine again. I am excited to see what WB will do in 4Q2022.
Pay attention to what the rich and wealthy society is doing. This time round, divorce has been used as the smoke bomb to preserve wealth. Their net worth will double up again when the crisis is over.
Pay attention to how the repo market is doing. Things are getting real bad with bunch of PHD working in the government trying to outsmart the free market. No one can fight against the free market, not even US government.
Pay attention to the rate of China's disposing the US bonds. I hope they know what to do, and do it fast. If not they are going to be hurt real bad. Bonds are the trigger for all upcoming dooms.
I have been mentioning there will be a melt-up. I believe it has started. With that believe, I have entered to participate in the anticipated melt-up. Those whom God wishes to destroy, he first makes mad. I will enter into shorting mindset after the melt-up.
Those are my 2 cents. Wish you good luck in all your doings and stay safe.
Signing off from this thread. Peace.